KippsDeSanto & Co. advises InCadence Strategic Solutions on its sale to Xator Corporation
KippsDeSanto & Co. is pleased to announce the sale of its client, InCadence Strategic Solutions (“InCadence” or the “Company”), to Xator Corporation (“Xator”).
Established in 2009 and headquartered in Manassas, Virginia, InCadence provides customers with cutting-edge biometrics / identity management, intelligence operations, information management / data solutions, and tactical communications products, tools, and technology enabled solutions. The Company’s customer base spans across various military, intelligence, and law enforcement agencies supporting state-of-the-art platforms, robust information exchange systems, engineering, and subject matter expertise for numerous mission needs.
This transaction reinforces Xator’s position as a customer-first organization with a proven record of exceptional performance in providing C4ISR, national security, and intelligence solutions to its U.S. Government partners.
We believe this transaction highlights several key trends in the current government services M&A market:
- Despite market turbulence, M&A deals are still being completed between experienced industry buyers and well-positioned, highly coveted targets;
- Heightened demand exists for firms with highly differentiated solutions that leverage unique proprietary tools and technologies; and
- Buyers placing significant importance on targets with deep and tenured past performance across sought after and well-funded DoD, intelligence, and law enforcement customers
About KippsDeSanto & Co. KippsDeSanto & Co. is an investment banking firm focused on serving growth-oriented Aerospace / Defense, Government Services and Technology companies. We are focused on delivering exceptional M&A and Financing transaction results to our clients via leveraging our scale, creativity and industry experience. We help market leaders realize their full strategic value. Having advised on over 100 industry transactions, KippsDeSanto is recognized for our analytical rigor, market insight, and broad industry relationships. There’s no substitute for experience. For more information, visit www.kippsdesanto.com.
Investment Banking products and services are offered through KippsDeSanto & Co., a non-bank subsidiary of Capital One, N.A., a wholly-owned subsidiary of Capital One Financial Corporation, and a member of FINRA and SIPC. Products and services are Not FDIC insured, Not Bank Guaranteed, May Lose Value, Not a Deposit, and Not Insured by Any Federal Government Agency.
Xator Corporation Acquires InCadence Strategic Solutions
April 30, 2020 – Today, Xator Corporation has completed its acquisition of InCadence Strategic Solutions Corp, a Northern Virginia-based provider of cutting-edge technical products, intelligence support, and high-end engineering services to government and commercial clients. Founded in 2009, InCadence is a leader in biometrics and identity management, big data solutions, tactical communications, and operational intelligence.
“InCadence’s proven ability to leverage its deep domain experience, differentiated by its software and hardware, into customer-focused solutions will catalyze growth opportunities when joined with Xator,” said David Scott, Xator’s CEO. “Xator’s acquisition of InCadence represents a very exciting combination of technical expertise and intellectual property, which will continue to serve our complementary client sets for years to come.”
“InCadence is thrilled to be joining the Xator family,” said Sandy Corbett, Chairman and CEO of InCadence. “As I have come to know David Scott and Xator, it is clear that our strong cultural fit, complementary capabilities, and client focus will result in a compelling value proposition for our employees, customers and partners alike. I look forward to seeing the tremendous growth and innovation opportunities that lie ahead for our combined entity!”
This transaction reinforces Xator’s position as a leading provider of C4ISR, national security, and intelligence solutions to its U.S. Government partners.