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CASE Merges With CyberKinetics

By Business Wire

Business Wire
Overall Rating

Transaction creates leading provider of next-generation solutions to the defense and national security communities

LEESBURG, Va.--(BUSINESS WIRE)--CASE (“the Company”), a provider of high-end software development and cloud engineering services to the U.S. intelligence community and private industry, announced today that it has merged with CyberKinetics, a specialist provider of cloud-based services and cyber solutions to the national security community’s most discerning customers. Financial terms of the private transaction were not disclosed.

Founded in 2018 and headquartered in Herndon, Virginia, CyberKinetics’ leadership has more than two decades of experience providing innovative and secure IT solutions, including cybersecurity engineering, DevOps, data engineering, cloud migration, and infrastructure planning, to the national security community. CyberKinetics’ integrated approach to technology prides itself on ease of use, ease of maintenance, and layered security that meets the most demanding requirements. The CyberKinetics management team will remain with the combined organization.

“CyberKinetics’ team of highly skilled app developers, data scientists and engineers understand the unique challenges that come with migrating to and designing for the secure cloud in the national security sector,” said Paul Farmer, CEO, CASE. “Their addition catapults us into our next phase of growth and will enable us to meet our customers’ mission-critical challenges head on. This acquisition also provides the scale necessary to pursue larger contracts and provide additional opportunities for our employees.”

“We are very excited to become a part of CASE, as we share a heritage of excellence and innovation, a focus on developing great talent, and an unwavering commitment to high standards,” said Brandon Lally, former CEO of CyberKinetics, and Chief Customer Officer at CASE. “I look forward to leveraging our combined resources to provide differentiated solutions to new and existing government and private clients.”

CASE is a portfolio company of AE Industrial Partners, a private equity firm that specializes in national security, aerospace, and industrial services.

“The future of national security is increasingly dependent on nimble and flexible companies such as CyberKinetics, that can innovate quickly and support the intelligence community with their most difficult missions,” said Jeff Hart, Partner at AE Industrial Partners. “This transaction brings together two outstanding, experienced leadership teams with strong synergies, committed to a common goal of solving our nation’s hardest national security problems with next generation solutions and capabilities.”

Maynard Nexsen served as legal advisor on the transaction.

About CASE:

CASE is a founder-owned, leading provider of mission-critical technology services to the U.S. Government’s most discerning and difficult to penetrate customers in the Intelligence Community and the Department of Defense. CASE delivers a broad range of next generation IT capabilities in cloud, cyber and software development to solve its customers' most pressing and important national security challenges. Specifically, CASE provides classified, high-end services that are in constant and increasing demand, including secure cloud architecture and analytics, software development and automation, systems engineering and integration.

About CyberKinetics:

CyberKinetics specializes in cloud-based services and solutions for federal agencies and commercial clients with compliance mandates. CyberKinetics brings an integrated approach to the technology solutions it delivers and prides itself on their ease of use, ease of maintenance, and layered security that meets the most demanding requirements.

About AE Industrial Partners:

AE Industrial Partners is a private investment firm with $6.2 billion of assets under management focused on highly-specialized markets including National Security, Aerospace, and Industrial Services. AE Industrial Partners has completed more than 130 investments in market-leading companies that benefit from its deep industry knowledge, operating experience, and network of relationships across the sectors where the firm invests. With a commitment to driving value creation in partnership with the management teams of its portfolio companies, AE Industrial Partners primarily invests across private equity, venture capital (AEI HorizonX), and aerospace leasing. For more information, please visit www.aeroequity.com.


Contacts

Matthew Conroy
Stanton Public Relations & Marketing
(646) 502-3563
aeroequity@stantonprm.com

First published on Mon, Apr 29, 2024

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