PROJECT 38: Inside the strategy of the newest M&A player
With four acquisitions in 18 months, Sagewind Capital has created a new middle-tier company in Axient that has the backing to make more deals in the federal space as well as pursue an organic growth strategy. In this conversation with Axient CEO Patrick Murphy, Editor Nick Wakeman explores the new company’s strategy and what comes next.
Eighteen months ago, Sagewind Capital began a series of deals that have led to the creation of the newest middle-tier company in the market -- Axient. Led by CEO Patrick Murphy, the company is poised for more deals as it pursues opportunities that require systems integration, digital engineering, software development and the development of complex systems.
Murphy explains to Editor Nick Wakeman the strategy behind the acquisitions as well as the kind of contracts and customers the company will pursue going forward. The growth will come from more acquisitions as well as expanding the work it does with the Army, Air Force, NASA and Missile Defense Agency.
As a larger entity, Axient will now be chasing larger contracts as it also looks to close more acquisitions. Murphy predicts the next deal could come before the end of the year.
