CASE Merges with CyberKinetics
29 April 2024 - 1:30PM
Business Wire
Transaction creates leading provider of
next-generation solutions to the defense and national security
communities
CASE (“the Company”), a provider of high-end software
development and cloud engineering services to the U.S. intelligence
community and private industry, announced today that it has merged
with CyberKinetics, a specialist provider of cloud-based services
and cyber solutions to the national security community’s most
discerning customers. Financial terms of the private transaction
were not disclosed.
Founded in 2018 and headquartered in Herndon, Virginia,
CyberKinetics’ leadership has more than two decades of experience
providing innovative and secure IT solutions, including
cybersecurity engineering, DevOps, data engineering, cloud
migration, and infrastructure planning, to the national security
community. CyberKinetics’ integrated approach to technology prides
itself on ease of use, ease of maintenance, and layered security
that meets the most demanding requirements. The CyberKinetics
management team will remain with the combined organization.
“CyberKinetics’ team of highly skilled app developers, data
scientists and engineers understand the unique challenges that come
with migrating to and designing for the secure cloud in the
national security sector,” said Paul Farmer, CEO, CASE. “Their
addition catapults us into our next phase of growth and will enable
us to meet our customers’ mission-critical challenges head on. This
acquisition also provides the scale necessary to pursue larger
contracts and provide additional opportunities for our
employees.”
“We are very excited to become a part of CASE, as we share a
heritage of excellence and innovation, a focus on developing great
talent, and an unwavering commitment to high standards,” said
Brandon Lally, former CEO of CyberKinetics, and Chief Customer
Officer at CASE. “I look forward to leveraging our combined
resources to provide differentiated solutions to new and existing
government and private clients.”
CASE is a portfolio company of AE Industrial Partners, a private
equity firm that specializes in national security, aerospace, and
industrial services.
“The future of national security is increasingly dependent on
nimble and flexible companies such as CyberKinetics, that can
innovate quickly and support the intelligence community with their
most difficult missions,” said Jeff Hart, Partner at AE Industrial
Partners. “This transaction brings together two outstanding,
experienced leadership teams with strong synergies, committed to a
common goal of solving our nation’s hardest national security
problems with next generation solutions and capabilities.”
Maynard Nexsen served as legal advisor on the transaction.
About CASE:
CASE is a founder-owned, leading provider of mission-critical
technology services to the U.S. Government’s most discerning and
difficult to penetrate customers in the Intelligence Community and
the Department of Defense. CASE delivers a broad range of next
generation IT capabilities in cloud, cyber and software development
to solve its customers' most pressing and important national
security challenges. Specifically, CASE provides classified,
high-end services that are in constant and increasing demand,
including secure cloud architecture and analytics, software
development and automation, systems engineering and
integration.
About CyberKinetics:
CyberKinetics specializes in cloud-based services and solutions
for federal agencies and commercial clients with compliance
mandates. CyberKinetics brings an integrated approach to the
technology solutions it delivers and prides itself on their ease of
use, ease of maintenance, and layered security that meets the most
demanding requirements.
About AE Industrial Partners:
AE Industrial Partners is a private investment firm with $6.2
billion of assets under management focused on highly-specialized
markets including National Security, Aerospace, and Industrial
Services. AE Industrial Partners has completed more than 130
investments in market-leading companies that benefit from its deep
industry knowledge, operating experience, and network of
relationships across the sectors where the firm invests. With a
commitment to driving value creation in partnership with the
management teams of its portfolio companies, AE Industrial Partners
primarily invests across private equity, venture capital (AEI
HorizonX), and aerospace leasing. For more information, please
visit www.aeroequity.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20240429173300/en/
Matthew Conroy Stanton Public Relations & Marketing (646)
502-3563 aeroequity@stantonprm.com