Antle-led startup will pursue fed services contractors

Fairfax firm is founded by four former SI International executives

Four former SI International Inc. executives are going to pursue acquisitions in the government services industry through their newly formed Salient Solutions LLC.

The Fairfax, Va., company will focus on companies that supply federal information technology and engineering solutions, they said in announcing the venture.

The Salient Solutions team is led by its founders: Chief Executive Officer Brad Antle, Chairman of the Board Ray Oleson, Executive Vice President and Chief Financial Officer Ted Dunn, and Vice President of Corporate Development Tom Lloyd.

The partnership includes their longtime capital partner, Frontenac Co., which together with its limited partners, has committed to create a $100 million equity investment. The funds will support Salient’s acquisition and expansion strategy through an aggressive organic growth program, the officials said.

Antle served as president and CEO of SI International from 2005 until it was acquired by Serco in 2008. He previously served as company president and chief operating officer.

Oleson, a founder of SI International, also served as chairman of the board and CEO of SI International. Oleson previously served as president and COO of CACI International Inc.

Dunn’s was CFO at SI International from 2001 to 2008 and was CFO of America One Communications before that.

Lloyd was a co-founder of SI International, where he was responsible for numerous strategic acquisitions. His prior experience includes operating roles at CACI and a career in the Air Force.

“This is an exciting and opportune time to build another significant and well-recognized business, delivering innovation to enhance the government’s mission,” Antle said in a statement. “We see several attractive areas within our market including health care, energy, education, intelligence, cybersecurity and government 2.0.”

About the Author

David Hubler is the former print managing editor for GCN and senior editor for Washington Technology. He is freelance writer living in Annandale, Va.

Reader Comments

Please post your comments here. Comments are moderated, so they may not appear immediately after submitting. We will not post comments that we consider abusive or off-topic.

Please type the letters/numbers you see above

What is your e-mail address?

My e-mail address is:

Do you have a password?

Forgot your password? Click here
close

Trending

  • VIDEO: Explore the 2019 M&A Trends

    Editor Nick Wakeman interviews Kevin DeSanto of the investment bank KippsDeSanto about the highlights of their annual M&A survey and trends driving acquisitions in the federal space. Read More

  • PROJECT 38 PODCAST

    In our latest Project 38 Podcast, editor Nick Wakeman and senior staff writer Ross Wilkers discuss the major news events so far in 2019 and what major trends are on the horizon. Read More

contracts DB

Washington Technology Daily

Sign up for our newsletter.

Terms and Privacy Policy consent

I agree to this site's Privacy Policy.