CASE, a provider of high-end software development and cloud engineering services, announced 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.
Launched in 2018 and based in Herndon, Virginia, CyberKinetics’ leadership has over two decades of experience providing secure IT solutions, including cybersecurity engineering, DevOps, data engineering, cloud migration, infrastructure planning, etc., to the national security community. And CyberKinetics’ integrated approach to technology prides itself on ease of use, maintenance, and layered security that meets the most demanding requirements. The CyberKinetics management team will remain with the combined organization.
CASE is a portfolio company of AE Industrial Partners (a private equity firm specializing in national security, aerospace, and industrial services).
Maynard Nexsen served as legal advisor on the deal.
KEY QUOTES:
“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. 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.”
- Paul Farmer, CEO, CASE
“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. I look forward to leveraging our combined resources to provide differentiated solutions to new and existing government and private clients.”
- Brandon Lally, former CEO of CyberKinetics, and Chief Customer Officer at CASE
“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. 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.”
- Jeff Hart, Partner at AE Industrial Partners
