Top 30 Execs to Watch Spotlight:
Damian Perl has turned a one-man company into a global enterprise – and positioned himself as one of the world’s most well-connected personal security executives along the way. As founder of Global Strategies Group, Perl has grown his U.K.-based company into a leading investor and provider of integrated security and defense technology. Among its key investments, the company backed Global Defense Technology & Systems Inc. (GTEC), now known as Sotera Defense Solutions, guiding several acquisitions and its initial public offering, before selling it to a private equity firm in 2011.
Then something unexpected happened: Silence. In 2011 and 2012, Global Strategies Group took a step back from the U.S. government market. Waiting out the market proved to be a charm. In 2013, the firm reemerged, and established Global Defense & National Security Systems (GDEF), a public company formed to acquire operating businesses in the U.S. defense and national security sector.
Reason to watch: Now Perl is eyeing his next move — As chairman of GDEF, Perl helped guide the recent purchase of Reston, Va.-based contractor STG, in November 2015, for $165.5 million. Will Perl repeat his Sotera success? Our bet’s on STG – and more smart acquisitions ahead – under Perl’s GDEF chairmanship.
1 Comment
Took a step back from the market? He had his contracts with the Department of State and US Army canceled because of his hubris…. Where is Global Integrated Security now? Gone. Because of mismanagement and vainity.