Close Menu
WashingtonExec
    Podcast Episodes
    LinkedIn Facebook X (Twitter) Instagram YouTube
    LinkedIn Facebook X (Twitter) Instagram YouTube
    WashingtonExec
    Subscribe To The Daily
    • News & Headlines
    • Executive Councils
    • Videos
    • Podcast
    • Events
      • 🏆 Chief Officer Awards
      • 🏆 Pinnacle Awards
    • About
    • Contact Us
    LinkedIn YouTube X (Twitter)
    WashingtonExec
    You are at:Home»News»Mergers & Acquisitions»Novetta Acquired by The Carlyle Group
    Mergers & Acquisitions

    Novetta Acquired by The Carlyle Group

    By Melissa ThompsonSeptember 10, 2015
    Share
    LinkedIn Facebook Twitter Email
    Peter LaMontagne, Novetta Solutions
    Peter LaMontagne, Novetta Solutions

    It was announced on August 27th that The Carlyle Group entered into an agreement with Arlington Capital to acquire Novetta, a niche provider of advanced analytics solutions. Terms of the transaction were not disclosed.

    Novetta works closely with the Intelligence, Defense, Homeland Security and commercial markets on national security issues in helping to analyze massive data sets. It has established itself as a leader in disruptive technology in four key areas of advanced analytics: data, cyber, open source/media and multi-int fusion.

    Peter B. LaMontagne, CEO of Novetta said, “After careful consideration of strategic alternatives, our board unanimously concluded that a Novetta partnership with Carlyle is the best next step in achieving our vision to be the world’s premier advanced analytics company. We remain dedicated to the success of our customers, partners, and employees and are excited to join with Carlyle, a long-term investor in our broad cross-section of aerospace, defense and commercial markets.”

    “We are exceedingly proud of Novetta’s advanced analytics technology and even more so of its application of these unique capabilities to challenges of national significance. Novetta will continue to drive innovation for its customers and we look forward to observing their success in the future,” said Michael Lustbader, a Partner at Arlington Capital Partners.

    “Novetta is an outstanding company and a clear leader in advanced analytics,” said Adam Palmer, Carlyle Managing Director and Head of Global Aerospace, Defense and Government services team. “We are excited to partner with Peter and his team to support Novetta’s mission and growth strategy by investing in the continued development of its people, capabilities and intellectual property as well as pursuing selective, technology-driven, complementary acquisitions.”

    Jeffrey Freed, Co-Founder and a Managing Partner at Arlington Capital, said, “Over the past five years, the focus on a growth-oriented investment strategy at Novetta has built value for all of the Company’s stakeholders. Under Peter LaMontagne’s continued leadership, such a focus will continue to bear fruit for Novetta’s customers, employees, and new partners in the years to come.”

    “Novetta is a world-class company whose success is driven by its highly talented workforce, entrepreneurial culture and unique technical offerings. We are excited by the prospects for its core government business and ongoing expansion into commercial enterprises, given its positioning with forward-looking early adopters, and its investment in next generation technologies in the areas of data and cyber analytics, open source intelligence and multi-int fusion,” stated Ian Fujiyama, the Carlyle Managing Director who led the transaction.

    “Novetta’s culture of innovation and its prominent role in the research and development efforts of the national security community make it a truly unique company,” said David Wodlinger, a Principal at Arlington Capital. “Management worked tirelessly to successfully execute the strategy we developed together, and this tremendous outcome is truly a testament to their steadfast work.”

    Robert Kipps, Managing Director, Kipps DeSanto & Company said this of the acquisition, “Arlington Capital’s sale of Novetta reflects a continuing trend of private equity groups leveraging today’s stronger M&A market to exit their legacy investments. However, the more interesting story is that Carlyle, a seasoned industry investor who rarely buys companies from other private equity groups, is actually the buyer (vs one of the larger strategic buyers). Carlyle’s purchase certainly suggests confidence in the market overall as well as in Novetta’s leadership’s ability to continue to successfully execute their growth strategy.”

    Related:  Novetta Solutions Develops Cyber Security Coalition, Novetta Solutions Acquires Digital Results Group and Sentinel Applied Analytics

    CSC

    Previous ArticleWashingtonExec Weekly E-Magazine: News You Need to Know
    Next Article WashingtonExec Summer Reading List: Sid Fuchs’ Picks

    Related Posts

    WATCH: RELI Group’s Ken Hofgesang on Driving Success with CMS’ CERT Program

    2025 Chief Officer Awards Winner: Mercury Systems’ Bill Ballhaus

    2025 Chief Officer Awards Winner: Siemens Government Technologies’ John Ustica

    Comments are closed.

    LinkedIn Follow Button LinkedIn Logo Follow Us on LinkedIn
    2025 Chief Officer Awards - Winners Revealed
    Latest Industry Leaders

    Top Cyber Execs to Watch in 2025

    Top Chief Technology Officers to Watch in 2025

    Load More
    Latest Posts

    WATCH: RELI Group’s Ken Hofgesang on Driving Success with CMS’ CERT Program

    June 12, 2025

    2025 Chief Officer Awards Winner: Mercury Systems’ Bill Ballhaus

    June 12, 2025

    2025 Chief Officer Awards Winner: Siemens Government Technologies’ John Ustica

    June 12, 2025

    CACI Wins $437M Contract to Support US Africa Command Ops

    June 12, 2025

    A CEO’s 3 Keys to Success: Jon Rucker Delivers Virginia Tech Grad School Commencement Speech

    June 12, 2025
    Quick Links
    • Executive Councils & Committees
    • Chief Officer Awards
    • Pinnacle Awards
    • Advertise With Us
    • About WashingtonExec
    • Contact
    Connect
    • LinkedIn
    • YouTube
    • Facebook
    • Twitter

    Subscribe to The Daily

    Connect. Inform. Celebrate.

    Copyright 2023 © WashingtonExec, Inc. | All Rights Reserved. Powered by J Media Group

    Type above and press Enter to search. Press Esc to cancel.