M&A

LMI makes deal to grow defense, homeland security presence

Nonprofit government consulting firm LMI has acquired The Tauri Group to add more offerings for national defense and homeland security agencies.

Terms of the deal were undisclosed but Tysons, Virginia-based LMI said in a release Tuesday it looked to buy a company with expertise in defense, preparedness, emerging technologies and life sciences.

Alexandria, Virginia-headquartered The Tauri Group was founded in 2001 and its services cover areas such as science and engineering, analytical studies, test-and-evaluation, systems engineering, research-and-development management and strategic planning.

Started in 1961 as the Logistics Management Institute, LMI has in recent years sought to gain more of a technology-oriented footprint including in areas like analytics and digital services on top of its longstanding logistics and management advisory heritage.

LMI in 2017 hired as CEO David Zolet, an almost three-decade government IT veteran who once led the former Computer Sciences Corp. North American public sector segment. In December of last year, LMI promoted CNSI CEO and former Acentia chief executive Todd Stottlemyer to chair the nonprofit’s board of directors.

“Tauri embodies the culture and characteristics of LMI, dedicated to our customers’ mission and our people. We share an inclusive culture and a commitment to excellence,” Zolet said in an LMI release. “We’re bringing two trusted companies together to solve our clients’ most difficult problems.”

Government market investment firm Blue Delta Capital Partners was one of Tauri’s backers

LMI posted $240.3 million in revenue for 2017, according to its most recent annual report. The organization’s last major acquisition was of FourWinds Limited Co. in September 2016 to grow more of an intelligence community presence.

About the Author

Ross Wilkers is a senior staff writer for Washington Technology. He can be reached at rwilkers@washingtontechnology.com. Follow him on Twitter: @rosswilkers. Also find and connect with him on LinkedIn.

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