Washington, D.C. — March 21, 2012 – Arlington Capital Partners, through its portfolio company White Oak Technologies, Inc. (“WOTI”), today announced a merger with FGM, Inc. (“FGM”) to create Novetta Solutions (“Novetta”). Novetta provides high-end, mission critical technology solutions to customers within the Intelligence and Defense Communities and other organizations working with massive quantities of data. Joining Novetta as Chief Executive Officer is Peter LaMontagne, a veteran federal executive with 23 years of National Security and technology experience.
“We are delighted to have found complementary capabilities and the same core WOTI values in FGM,” said Alan Broder, White Oak’s Chief Executive Officer who has been appointed Novetta Chairman and Fellow. “FGM’s expertise in data analytics and information sharing complements WOTI’s WAREMAN® Pro software and big data strengths and will provide enhanced solutions for our government clients.”
Scott Gessay, FGM’s Chief Executive Officer and now President of Novetta added, “This deal will greatly benefit our customers and employees. We can now offer a broader range of high-end capabilities, helping our customers ‘connect the dots’ to identify potential threats. Novetta’s employees and technology solutions ensure the safety of our citizens and protect our cyber infrastructure.”
The transaction creates a pre-eminent technology company supporting clients in some of the nation’s most sensitive environments. Novetta’s core capabilities include information exploitation, cyber security, cloud computing and solution engineering. The company has approximately 350 highly skilled, cleared employees.
“I’m thrilled to join Novetta,” LaMontagne said. “With the merger, the company is truly an elite technology focused platform. Combining these companies’ capabilities, qualifications and expert employees dramatically augments their ability to serve national security needs. I’m proud to be a part of such a talented team.”
LaMontagne was most recently a leader in CACI’s cyber defense practice. Prior to CACI, he was President and CEO of Paradigm Holdings and a Senior Vice President at ManTech International Corp. He began his career as a U.S. Foreign Service Officer having served at the U.S. Embassy in Beijing.
“We are excited to bring together two high-end, technology-driven companies with outstanding reputations in the Intelligence and Defense Communities,” said Michael Lustbader, a Partner of Arlington Capital. “Novetta’s capabilities address some of our government’s greatest and most pressing information technology requirements. Arlington plans to provide significant additional capital to support Novetta’s growth plans.”
Jeffrey Freed, a Managing Partner of Arlington said, “Novetta enables federal agencies to analyze and securely share data on a massive scale. We are excited to partner with Peter as we continue to build the company, further expanding our intellectual property and solutions.”
The senior management of Novetta will be drawn from the existing teams at WOTI and FGM. Along with LaMontagne, Broder and Gessay, the senior management team will include Kris Heim, Chief Technology Officer; Larry Chang, Senior Vice President of Operations; and Mike Fox, Senior Vice President of Corporate Business Development and Chief Strategy Officer.
About Novetta Solutions
Novetta Solutions (“Novetta”) was created to address the country’s most pressing National Security needs by utilizing a combination of organic and acquisition growth to deliver technology-rich software and IT services to the Intelligence Community. Novetta means “10 to the 27th power” or a billion, billion, billion and reflects the companies’ big data heritage and ability to solve massive problems. For more information please visit our website at www.novetta.com.
About White Oak Technologies, Inc.
White Oak Technologies, Inc. is a leading provider of identity resolution, cyber security and big data analytics to Department of Defense and Intelligence Community customers. Its proprietary WAREMAN® software supports large-scale data analytics, retrieval, and exploitation utilizing cutting edge advanced algorithms and entity management systems.
About FGM, Inc.
FGM, Inc. is a recognized leader in high-end, complex, enterprise-scale application development and data management solutions to the Intelligence Community and the Department of Defense. The company’s solutions enable real-time intra- and inter-agency access to, and analysis of, the most current and comprehensive mission-critical data. These systems process terabytes of information and often revolutionize how the company’s clients manage and respond to challenges in constantly evolving, high-risk environments.
About Arlington Capital Partners
Arlington Capital Partners is a Washington, D.C.-based private equity firm with $1.5 billion of committed capital focused on middle market investment opportunities in growth industries including: government contracting, federal and commercial IT and engineering services, aerospace/defense, healthcare services, education & training, and business services & outsourcing. The firm’s professionals and network have a unique combination of operating and private equity experience that enables Arlington to be a value-added investor. Arlington invests in companies in partnership with high quality management teams that are motivated to establish and/or advance their company’s position as leading competitors in their field. www.arlingtoncap.com
Michael Lustbader or Jeffrey Freed
Arlington Capital Partners
5425 Wisconsin Avenue, Suite 200
Chevy Chase, MD 20815
SOURCE: Arlington Capital Partners and BrightStar Education Group, Inc.
Chevy Chase, MD 20815
SOURCE: Arlington Capital Partners & Novetta Solutions