KippsDeSanto & Co. advises SixGen, Inc., a portfolio company of Chart National L.P., on its sale to Washington Harbour Partners
KippsDeSanto & Co. advises SixGen, Inc., a portfolio company of Chart National L.P., on its sale to Washington Harbour Partners
KippsDeSanto & Co. is pleased to announce the sale of its client, SixGen, Inc. (“SixGen” or the “Company”), to Washington Harbour Partners LP (“Washington Harbour”), a leading private investment firm that specializes in partnering with founders and management teams to unlock their next phase of growth.
Headquartered near Annapolis, MD, SixGen is a world-class cyber solutions company for the U.S. national security, intelligence, and defense communities, and critical commercial industries. The Company has built its reputation as an award-winning, industry-recognized leader in comprehensive cyber operations with specific expertise in red team services and tool development. Leveraging deep technical expertise developing proprietary cyber products, coupled with a full suite of complementary cybersecurity services, SixGen deploys unified cyber solutions in support of public and private networks, devices, and critical infrastructure. SixGen’s core offerings span vulnerability research, threat hunting, machine learning and data science, incident response, and cyber network operations. With a unique focus on integrating software with purpose-built hardware, the team’s experienced and credentialed cyber professionals develop customizable and proprietary solutions that go beyond traditional cyber compliance checks.
SixGen employs a critical mass of experienced, credentialed, and cleared subject matter experts (“SMEs”) with diverse backgrounds from premier military and cyber organizations to maintain its position as a trusted partner to well-funded customers across the national security landscape. With a world-class team of operators, pioneering developers, and engineers, and cyber data science and threat prediction utilizing cyber-AI platforms, SixGen offers industry leading red team capabilities, with bespoke expertise in emulating and assessing real-world threats, supported by a portfolio of next generation intellectual property. SixGen’s team protects national security interests across the expanding cyber battlefield from coordinated attacks by the most advanced cyber adversaries ranging from individual rogue actors to sophisticated nation-states.
The acquisition represents a new platform for Washington Harbour, affording SixGen a new partner at a key inflection point in its growth trajectory as the Company’s cyber services and high-end product suite are critical to the national security mission and designed to meet the unique and specific needs of the nation’s most important cybersecurity problems. Boasting recent awards on numerous signature programs, as well as access to key contract vehicles, SixGen is positioned for accelerated growth as an offensive cyber specialist in both its existing and untapped markets.
This transaction highlights several key trends in the cybersecurity M&A market:
• Significant market demand for technology-driven companies providing unified cybersecurity products and services;
• Companies deeply embedded on signature programs with high-profile agencies and customers remain highly coveted;
• Continued focus on high-growth firms with critical contract vehicles aligned with ample funding, administrative priorities, and an evolving threat landscape; and
• Significant appetite from financial sponsors for assets with leading market positions, differentiated solutions offerings, and experienced leadership teams
Read more in the full press release.
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 200 industry transactions since 2008, 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.