KippsDeSanto & Co. advises JANUS Research Group on its recapitalization by CM Equity Partners
KippsDeSanto & Co. advises JANUS Research Group on its recapitalization by CM Equity Partners
KippsDeSanto & Co. is pleased to announce the recapitalization of its client, JANUS Research Group (“JANUS” or the “Company”), by CM Equity Partners (“CMEP”).
Based in Evans, GA, JANUS is a 350-person U.S. Federal services company providing engineering services as a solution, primarily for the U.S. Army and other Department of Defense (“DoD”) customers. JANUS centers of gravity are in Programmatic Services, Futures Research, Study and Analysis, Modeling & Simulation, Live and Virtual Training, Mission Command / Tactical Communications, Distributed Simulation / Experimentation, Specialty Engineering, Data Management, and Software Development.
The Company has established a foundational presence in its Augusta-Fort Gordon Cyber District marketplace, as well as considerable depth within the Command, Control, Communications, Computers Intelligence, Surveillance, and Reconnaissance (“C4ISR”) Center of Excellence located in Aberdeen Proving Ground (“APG”), and has closely aligned itself with DoD customers looking to grow investments in systems engineering, cyber, training, and technology innovation. JANUS has leveraged its extensive operational expertise, past performance, and technological know-how as a leading provider to mission-critical tactical communications programs to include more than 20 years supporting the U.S. Army Program Executive Office for Command, Control, and Communications-Tactical (“PEO C3T”) under the Project Manager Tactical Radio (“PM TR”) and Project Manager Tactical Network (“PM TN”) organizations. The Company is also positioned at the forefront of next generation tactical and strategic defense and intelligence capability requirements through support of Army Futures Command, Future Concepts Center, and Joint Modernization Command (“JMC”), amongst others.
Jeannette Loop, JANUS Founder and Chairperson, stated that she and her management team are pleased to be partnering with CM Equity “whose vision is aligned with our growth strategy and have sufficient scale, experience and capabilities to grow with us over time.”
We believe this transaction demonstrates several key trends in the government services M&A market:
- Keen market focus on differentiated engineering, analytic, and programmatic services mission support for well-funded government customers
- Deep domain and subject matter expertise, particularly when coupled with long-term relationships, are critical differentiators for sellers in a crowded M&A market
- Private equity firms continue to remain highly active in the government services market, given strong market dynamics and favorable credit markets
About KippsDeSanto & Co. KippsDeSanto & Co. is the largest independent investment banking firm exclusively focused on serving leading, 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.
Press Release
CM EQUITY PARTNERS ANNOUNCES THE RECAPITALIZATION OF JANUS RESEARCH GROUP, INC.
New York, June 12, 2019 – CM Equity Partners (“CMEP”) together with the Company’s founders and management, announce the recapitalization of JANUS Research Group, Inc. (“JANUS” or the “Company”). JANUS, headquartered in Evans, Georgia and founded in 1997 by Chairwoman Jeannette Loop, is a 350 person U.S. Federal services company providing engineering services as a solution, primarily for the U.S. Army and other Department of Defense (“DoD”) customers. JANUS centers of gravity are in Programmatic Services, Futures Research, Study and Analysis, Modeling & Simulation, Live and Virtual Training, Mission Command/Tactical Communications, Distributed Simulation/Experimentation, Specialty Engineering, Data Management, and Software Development.
Jeannie and Tony Loop will be members of the Board, with Ms. Loop continuing in her role as Chairwoman of JANUS.
JANUS will operate as a stand-alone company and will continue to be led by John Dewey as Chief Executive Officer and Rob Elich as Chief Operating Officer.
“We are excited to partner with CMEP to continue to build on the brand and legacy that we have built over the past 22 years” said Jeannie and Tony Loop.
John Dewey, CEO, said “We are looking forward to JANUS continuing to support our customers, providing them with lasting solutions to their most complex challenges, as we grow and broaden our business while maintaining the same culture and commitment to JANUS’s highly skilled employees and partners”.
About JANUS Research Group
JANUS (www.janusresearch.com) is an industry leader in Programmatic Services, Futures Research, Study and Analysis, Modeling & Simulation, Live and Virtual Training (with haptic feedback), Mission Command/Tactical Communications, Distributed Simulation/ Experimentation, Specialty Engineering, Data Management, and Software Development, primarily to the U.S. Army and other DoD customers.
About CM Equity Partners
CM Equity Partners (www.cmequity.com), based in New York, NY, provides capital to the Federal services and aerospace and defense industries. For nearly thirty years, CMEP has partnered with management teams to build value by leveraging its long-standing industry knowledge, relationships, operating experience, and its corporate finance, M&A, and private equity expertise. CMEP provides an active and collaborative management approach to its investments, developing long-term strategic plans and supporting re-investment of profits to grow and broaden a company’s revenue base and capabilities. CMEP’s investments are structured with flexibility across a broad spectrum of the capital structure, including equity, structured equity and mezzanine debt. CMEP is associated with Carl Marks & Co. (www.carlmarks.com).
