Smartronix on Monday said it has acquired Datastrong, a developer of data architecture and business analytics solutions for federal and commercial customers, adding capabilities in data analytics and new customers.
Terms of the deal were not disclosed.
Smartronix now has more than 1,000 employees, including 75 joining from Datastrong. Both companies are based in Northern Virginia.
Smartronix goes to business in three main areas: C5ISR mission solutions, its largest area, cloud solutions, its second largest area, and advanced engineering and information technology. Datastrong will be positioned within the cloud solutions business but Smartronix will leverage Datastrong’s core capabilities in data architecture and data analytics across its segments, Peter LaMontagne, Smartronix’ CEO, told Defense Daily in a telephone interview to discuss the deal.
The C5ISR area is about processing, exploiting and disseminating all types of data and sensors and demand are combining for more data and the need for more insights into that data, he said.
LaMontagne said that Smartronix’ growth strategy includes organic growth aimed at better supporting customer needs combined with continued mergers and acquisitions. Smartronix has a strong foundation in cloud solutions and has now added business analytics capabilities and eventually will add in the applications layer to help clients exploit their data, he said.
“Our acquisition of Datastrong represents an important step forward in expanding the suite of offerings Smartronix can deliver to clients via the cloud,” Peter LaMontagne, Smartronix’ CEO, said in a statement. “Our clients are seeing explosive data growth, which makes it more challenging to gain insights, and Datastrong’s solutions will help us address this as an ongoing priority.”
Smartronix’ customers include the Army, Navy, Air Force, Marine Corps, Treasury Department and commercial businesses. Datastrong adds customers with the Departments of Justice and State and complementary commercial clients.
Smartronix is a portfolio company of the private equity firm OceanSound Partners. Truist served as Datastrong’s financial advisrr on the deal.