Falfurrias Capital Partners recently announced a platform investment in Synergy ECP, a software engineering, cybersecurity, and systems engineering service provider for the U.S. Intelligence Community and Defense Department. Synergy ECP utilizes these capabilities to deliver essential support to a growing portfolio of National Security missions.
Bruce Howard and other owners Dave Wisniewski and Chad Michael will continue to lead Synergy ECP, with Falfurrias Capital Partners’ Marybeth Wootton, Joe Price, and Grant Hundley all joining the company board. And collectively, these professionals bring together a unique combination of government contracting expertise, operational support, and direct, boots-on-the-ground experience with missions like those that Synergy ECP supports.
Wootton – who joined Falfurrias in 2022 as Executive Advisor – will become board chair and an advisor to Synergy ECP, drawing upon her 35 years of Federal technology experience with Novetta, Berico Technologies, BAE Systems, IBM and other leading technology and services businesses.
The deal creates a new investment platform for Falfurrias. It is the second investment by the Charlotte-based private equity firm to support its investment campaign targeting leading Federal technology and services businesses. And the firm has raised $2.2 billion across six funds to partner with growing middle-market businesses. Both Synergy ECP and Falfurrias share a legacy of service and support to National Security missions, and both organizations employ military and Intelligence Community veterans.
KPMG Corporate Finance LLC served as financial advisor to Synergy ECP on the transaction, with Miles & Stockbridge providing legal counsel. And Holland & Knight served as legal advisors to Falfurrias Capital Partners.
KEY QUOTES:
“Our partnership with Falfurrias will strengthen our ability to deliver vital, mission-critical services to our Intelligence Community customers. Synergy ECP has experienced incredible growth over the past few years, and this relationship with Falfurrias will further support our position as a trusted provider for our customers, and as an employer of choice in our community.”
– Bruce Howard, co-founder and Chief Executive Officer of Synergy ECP
“The Synergy ECP team has successfully supported key Intelligence Community missions for decades. We are thrilled to partner with them to advance their capabilities in Signals Intelligence (SIGINT), cybersecurity, and data transport and analysis.”
– Marybeth Wootton
“We look forward to leveraging Falfurrias’ deep operational resources alongside the Synergy ECP team as they grow their capabilities. The business has built an incredible reputation and stayed ruthlessly focused on better serving their customers and employees. We aim to invest significant resources behind Synergy ECP, and it’s a true privilege to partner with this business as we collectively strive to advance National Security through critical and innovative technical services and solutions.”
– Grant Hundley
