Federal Advisory Partners' latest acquisition eyes enterprise IT growth
“As demand for modernization and digital transformation accelerates across the federal sector, the need for advanced technologies and efficient operating models grows ever more critical,” Federal Advisory Partners CEO Tim Borchert said. Courtesy of Federal Advisory Partners
By
Ross Wilkers
Federal Advisory Partners closes acquisition number two with the backing of its current private equity owner Sagewind Capital.
Federal Advisory Partners, a management consulting firm, has moved on its second acquisition in as many months with this latest transaction focusing on enterprise IT and health services.
Terms regarding Federal Advisory Partners’ purchase of Universal Consulting Services were not disclosed.
In its release Tuesday, Federal Advisory Partners said UCS is the latest addition to a more integrated provider of digital services and consulting services across the federal market.
UCS joins the fold of Federal Advisory Services in the wake of the latter’s acquisition in January of Favor TechConsulting, which concentrates on digital transformation programs at federal agencies.
“As demand for modernization and digital transformation accelerates across the federal sector, the need for advanced technologies and efficient operating models grows ever more critical,” Federal Advisory Partners CEO Tim Borchert said in a release.
“This new partnership matches best-in-class technical capabilities with a highly qualified talent pool to pursue aggressive growth in the federal market,” added UCS CEO Abhijit Dhumne.
Federal Advisory Partners is owned by private equity firm Sagewind Capital, which acquired the contractor in Fall 2021 and hence made it portfolio company number five.
UCS was founded in 2000 and describes its capabilities as including systems engineering, application development, information assurance, security compliance, and advisory and assistance services. The customer base includes the Defense and Commerce departments.
Baker Tilly acted as financial adviser and Pillsbury Winthrop Shaw Pittman served as legal counsel to UCS on the transaction. Paul Weiss and Morrison & Foerster served as legal counsels to Federal Advisory Partners.