SOS International, LLC’s newly announced acquisition of STG Group Holdings, Inc. expands SOSi’s current contract and target market and adds new, technical capabilities in cybersecurity, information assurance, software development and data analytics.
This will be SOSi’s third and largest acquisition since 2016. Together, the companies have 1,300 employees across the globe. Details of the deal were undisclosed.
“SOSi and STG have thirty-year legacies serving the national security community,” said Julian Setian, SOSi president and CEO. “We have complementary missions, customers and competencies. Our goal is to be the leading middle-market company in the federal technology services sector, differentiated by our private ownership structure and mission focus.”
Cowen served as SOSi’s exclusive financial adviser and Holland & Knight acted as legal counsel. Raymond James & Associates, Inc. served as STG’s exclusive financial adviser and Pillsbury Winthrop Shaw Pittman LLP acted as legal counsel.