DC Capital Partners yesterday said it has acquired Computer Security Solutions, Inc. (CompSec), an information technology company primarily serving the United States intelligence community.
Terms of the deal were not disclosed. CompSec, which is based in Northern Virginia, has $125 million in sales.
The acquisition bolsters DC Capital’s portfolio of companies serving the intelligence community.“This is a significant strategic enhancement for our portfolio company, Gladiator HoldCo, LLC,” Thomas Campbell, president of DC Capital, said in a statement. “The capabilities and insight that CompSec provides to its customers in the intelligence community are highly differentiated. When combined with our other Gladiator companies, namely KS International, Catapult Technology, Strategic Intelligence Group, and Kickstand, CompSec significantly enhances our ability to assist our customers in any aspect of their mission worldwide.”
CompSec’s senior management will remain with the company although its founder, Karen Azoff, who was also the CEO before the deal, will now focus on strategic planning and business development. Chad Wagner has been promoted as the new CEO of CompSec.
CompSec helps its customers evaluate, design, test, certify, select and integrate software and hardware solutions that meet the mission parameters of the intelligence community.
The McLean Group served as financial adviser to CompSec on the deal.