KippsDeSanto Advises Strategic Resources International on its Sale to Peraton

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KippsDeSanto & Co. is pleased to announce the sale of our client, Strategic Resources International (“SRI” or the “Company”) to Peraton Corp., a portfolio company of Veritas Capital.

Headquartered in Reston, VA, SRI is a provider of telecommunications assets in the areas of mobile, IP transport, and VSAT. This acquisition adds complementary communication capabilities and expertise to Peraton’s end-to-end communications solution portfolio, enabling Peraton to more-fully integrate its customers into the global communications enterprise.

 

 

 

We believe this transaction demonstrates several key trends in the government services M&A environment:

  • Mid-size strategic and sponsor-backed buyers value companies with embedded customer relationships and strong past performance qualifications.
  • Buyers rely on M&A to add innovative capabilities that proactively fill customer needs.
  • Acquirers continue to place premium values on companies with entrenched and defensible positions with key customers on mission-critical programs.

KippsDeSanto & Co. is an investment bank focused on delivering exceptional M&A and financing transaction results for leading aerospace, defense, and technology companies.  For more information on KippsDeSanto & Co., please visit www.kippsdesanto.com.

KippsDeSanto & Co., member FINRA / SIPC, is not affiliated with other companies mentioned herein

 

Press Release

 

Peraton Completes Acquisition of Strategic Resources International

Strong Complement to Company’s Extensive End-to-End Communications Solutions Portfolio

April 23, 2018

“The addition of SRI to the Peraton portfolio adds an important complement to our communications offerings through their extensive portfolio of telecommunications assets in the areas of mobile, IP transport, and VSAT.”

Peraton is a leading provider of satellite and terrestrial communications. Peraton’s customers range in applications from advanced space communications for NASA’s scientific missions, managing modern communication infrastructures for global businesses, to users in remote and harsh environments across the globe. The company provides the full spectrum of telecommunications services ranging from communications transport to fully-managed network services and solutions by providing seamless access to voice, video, and data. Peraton has robust offerings in: satellite & terrestrial connectivity, carrier-independent terrestrial network with global points of presence; 24x7x365 network operations; agile & innovative network architecture, engineering & analysis; data processing & delivery; and global reach back and last-mile communications.

Stu Shea, president and CEO of Peraton, said, “The addition of SRI to the Peraton portfolio adds an important complement to our communications offerings through their extensive portfolio of telecommunications assets in the areas of mobile, IP transport, and VSAT.”

Together, this acquisition allows Peraton to deliver end-to-end communications solutions, offering high adaptability to integrate a customer into the global communications enterprise. SRI brings extensive experience in building, deploying and augmenting highly-adaptable communications infrastructure in anticipation of critical, global communications needs.

About Peraton

Peraton provides innovative, reliable solutions to global mission-critical programs and systems. As a trusted provider of highly-differentiated space, intelligence, cyber, defense and electronic warfare, homeland security, and communications capabilities, Peraton is a critical partner to select federal agencies and commercial entities. Headquartered in Herndon, Virginia, the company employs approximately 3,500 people across the U.S. and Canada. For more information on Peraton, visit www.peraton.com.