Private equity firm GTCR said it had approved the sale of its portfolio company Six3 Systems to CACI International. The latter would buy Six3 Systems from GTCR for USD 820 million. Financial advisors for Six3 included Goldman, Sachs & Co and JP Morgan Securities. Legal counsel was provided by the law firm of Kirkland & Ellis.
Six3 Systems is a Virginia-based strategic solutions provider to the intelligence, defense and civilian agencies of the US government. Bob Coleman and GTCR established the company in 2009. Through its acquisitions strategy, Six3 now had a strong footprint in the reconnaissance, intelligence surveillance and operations and the cyber security markets.
GTCR Managing Director Craig Bondy said, "We set out with CEO Bob Coleman and CFO Jack Pearlstein to build a specialized company focused on providing advanced capabilities in the high growth areas of signal intelligence, cyber security and intelligence operations. We are proud to see the strategic significance of Six3 get recognized in this transaction with CACI."
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