KippsDeSanto & Co. Advises RGS Associates on its Sale to USfalcon, Inc.

KippsDeSanto & Co. is pleased to announce the sale of our client, RGS Associates (“RGS” or the “Company”), a portfolio company of CM Equity Partners, to USfalcon, Inc. (“USfalcon”).

Headquartered in Crystal City, VA, RGS is a leading technology and management consulting company that provides high-end IT, strategy, and human capital management services aimed at optimizing and modernizing critical government functions while creating cost and operational efficiencies.

Since its founding in 1984, RGS has built a reputation for having industry-leading subject matter and domain expertise.  The Company’s unique offerings cover the full lifecycle of IT and management solutions, spanning from implementation to execution.  RGS’ value-added management consulting and human capital management services, as well as its suite of agile software and web services development, help government customers develop and incorporate innovative solutions that drive meaningful results and reduce costs.  RGS’ capabilities and approach to long-term customer support have resulted in a portfolio of long-term contracts, deeply-embedded customer relationships, and exemplary past performance qualifications.

Through its acquisition of RGS, USfalcon expects to leverage the Company’s suite of capabilities and extensive, long-term relationships to expand its presence within a coveted customer base, to include the Department of the Navy, the Department of Justice, the Federal Bureau of Investigation, and the Department of Homeland Security.

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

  • Mid-size strategic buyers value niche companies with embedded customer relationships and strong past performance qualifications;
  • High-end capability offerings, such as agile and web services development, continue to drive demand in an M&A context;
  • F&O contract portfolios remain a priority focus for strategic buyers within the government services market; and
  • Acquirers continue to look for well-positioned defense and intelligence targets


Press Release


USfalcon, Inc. (USfalcon) is pleased to announce its merger with RGS Associates, Inc. (RGS).

USfalcon is a leading provider of national defense and security related management and engineering support services, primarily in the areas of Air Force Space, Cyber and Engineering Services, and Army Aviation. RGS is a leading provider of management consulting, human capital management, and information technology services to the Departments of Defense, Navy, Justice, Homeland Security, and numerous other civilian agencies.

The joining of the highly capable resources, experience, knowledge, and management acumen of these two leading-edge companies will provide a depth and breadth of capability across the DoD, the military services, and civilian agencies that is available only in significantly larger corporations.

USfalcon Chief Executive Officer, Zannie Smith, Major General, US Army, Retired, stated “Our USfalcon team examined the valuable client relationships, technical expertise, quality staff members, and the synergy that would be created by our combined forces, and determined that this merger was in our best interest to pursue. After meeting with the RGS team, it was our shared values and commitment that impressed me the most, and made this merger an imperative in my mind.”

About USfalcon

USfalcon is a Service-Disabled, Veteran-Owned Business headquartered in Cary, NC. With offices in Dayton, OH; Reston, VA; Huntsville, AL; and Colorado Springs, CO, USfalcon’s personnel provide on-site Aerospace, Mission Systems Engineering, Information Technology, and Education and Training services supporting warfighters at numerous Government facilities across the United States and abroad. USfalcon is ISO 9001:2015 and AS9110C certified.

USfalcon is committed to its core values of Integrity, Commitment, Stewardship and Service, and found those same values in RGS.

About RGS

RGS provides the Department of Defense, Justice, Homeland Security, and other Civilian Agencies with intelligent solutions to meet some of the government’s greatest challenges. RGS applies deep expertise in all project phases from strategic planning through execution and delivers tangible business results in Program Management, Human Capital, and Information Technology. Known for integrity and superior service delivery, RGS has a culture that instills fresh thinking, responsiveness, and dedication to its clients’ missions.