GTCR, a leading private equity firm, announced last week that it has completed the previously announced sale of its portfolio company, Six3 Systems (“Six3”), to CACI International Inc. (CACI) a leading provider of information solutions and services to government customers, for $820 million.
Headquartered in McLean, Virginia, Six3 is a high-end national security and defense intelligence services provider focused on developing and acquiring specialized capabilities that cater to the intelligence community, Department of Defense and civilian security agencies. Six3 was formed in July 2009 by industry veteran Bob Coleman in partnership with GTCR. Through a series of four acquisitions, Six3 has established a strong presence in the areas of intelligence surveillance and reconnaissance, intelligence operations and cyber security.
Goldman, Sachs & Co. and J.P. Morgan Securities LLC served as Six3’s financial advisors and Kirkland & Ellis LLP provided legal counsel.
GTCR’s most recent transaction in government contracting in the Greater Washington, D.C. area was in 2004 with BAE’s acquisition of DigitalNet, founded by Ken Bajaj.