M&A

D.C. Capital acquires intelligence firm

Intelligence capabilities and customers added with CompSec deal

UPDATED: This story has been updated to include Chad Wagner's former position before his promotion to CEO of CompSec. 

D.C. Capital Partners LLC has acquired Computer Security Solutions Inc., or CompSec, bolstering its intelligence capabilities and insight into customers within the intelligence community.

CompSec was founded in 1997, and is headquartered in McLean, Va.

Its capabilities include evaluation of existing, new and emerging technologies through procurement, installation, integration and maintenance of mission critical hardware and software applications, D.C. Capital Partners said in a release.

D.C. Capital Partners’ founder and president, Thomas J. Campbell called the acquisition “a significant strategic enhancement for our portfolio company, Gladiator HoldCo LLC.”

“When combined with our other Gladiator companies, namely, KS International, LLC, Catapult Technology Ltd., the Strategic Intelligence Group, LLC, and Kickstand, LLC, CompSec significantly enhances our ability to assist our customers in any aspect of their mission worldwide,” Campbell said.

The company intends to build on “this full lifecycle mission capability -- which ranges from intelligence analysis and operational support to training, IT infrastructure management, software development, design, engineering and development, base operations support, and security,” he added.

CompSec Founder Karen Azoff is stepping down as the company’s chief executive officer, but will continue to be involved in strategic planning and business development.

She is replaced by Chad Wagner, who was previously president at CompSec.

The McLean Group acted as exclusive mergers and acquisitions advisor to CompSec during this deal.

About the Author

Mark Hoover is a staff writer with Washington Technology. You can contact him at mhoover@washingtontechnology.com, or connect with him on Twitter at @mhooverWT.

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