Yesterday, NetStar-1, a leading management consulting business catered to the federal government and Whitney, Bradley and Brown, Inc. (WBB), a leading business transformation and realignment firm, announced that the two companies would be aligning their business operations. This decision was effective immediately.
WBB by Lake Capital invested in NetStar-1 back in 2007 and played a significant role in this merger.
“This merger extends our strategic initiative to become one of the leading management consulting organizations focused on the federal government,” said President and CEO of NetStar-1, Kevin Rowe. “That initiative began in October of 2010 when we divested our Technology Solutions and Commercial Sales divisions to focus exclusively on management consulting services. By joining our resources with WBB’s we gain substantial scale and broad agency coverage which will allow us to more aggressively grow our business. The resulting cost synergies of the merger will allow us to provide high quality services in an increasingly competitive market.”
Due to the merger, the new organization will have over 500 employees and $130 million in revenue. The new company will work under the WBB name, be headquartered in Reston, Virginia and focus on key clients at the Department of Defense, Department of Homeland Security, Department of Veterans Affairs, Department of Justice as well as the Office of Management and Budget.