Data-crunching companies merge to strengthen offerings
Newly created Novetta’s key strengths include information exploitation, cybersecurity, cloud computing and solution engineering.
Washington, D.C.-based private equity fund Arlington Capital Partners has orchestrated a merger between its portfolio company White Oak Technologies Inc. and FGM Inc. to create Novetta Solutions, the newly formed company announced today.
Novetta will provide high-end, mission critical technology solutions to customers in the intelligence and defense communities and other organizations working with massive quantities of data.
The Vienna, Va., company’s core capabilities include information exploitation, cybersecurity, cloud computing and solution engineering.
The transaction creates a strong technology company whose approximately 350 highly skilled, cleared employees support clients in some of the nation’s most sensitive environments, according to the March 21 announcement.
Peter LaMontagne, a veteran federal executive with 23 years of national security and technology experience, will be Novetta’s CEO.
Alan Broder, White Oak CEO, has been appointed Novetta chairman and fellow.
Scott Gessay, CEO at FGM, was named president of Novetta.
LaMontagne most recently was an executive in CACI’s cyber defense practice.
Prior to CACI, he was president and CEO of Paradigm Holdings and a senior vice president at ManTech International Corp.
He began his career as a U.S. Foreign Service Officer and served at the U.S. Embassy in Beijing.
The senior management team, which will be drawn from White Oak and FGM,will include Kris Heim, CTO; Larry Chang, senior vice president of operations; and Mike Fox, senior vice president of corporate business development and chief strategy officer.
“Novetta’s capabilities address some of our government’s greatest and most pressing information technology requirements. Arlington plans to provide significant additional capital to support Novetta’s growth plans,” Michael Lustbader, an Arlington Capital partner, said in the announcement.
For non-mathematicians, Novetta means 10 to the 27th power, or a billion, billion, billion and reflects the two companies’ big data heritage and ability to solve massive problems, the news release explained.
More information is available at the company's website novetta.com.
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