Bob Kwaja
CFO, Two Six Technologies
Two Six Technologies formed in 2021 as the combination of Two Six Labs, IST Research and Trusted Concepts, under global investment firm The Carlyle Group. TST experienced a total revenue growth of over 50% in 2021 compared to 2020, with headcount growth increasing from 285 in February 2021 to over 500 in March 2022.
Bob Kwaja oversaw the integration of the three businesses and led the creation of a consolidated finance department to manage the new high-growth company. That included building new project finance and pricing departments, and expanding the accounting team to meet the growing requirements of the business.
“Our senior team greatly benefits from Bob’s leadership in all aspects of our operations,” said Joe Logue, TST CEO. “Bob possesses an ideal skill set of financial and M&A expertise combined with relevant operational experience in the cyber, defense and intelligence sectors.”
From early 2021 to today, Kwaja built foundational operational infrastructure for TST. Under his leadership, the company now operates common processes and systems, a process that included the consolidation of numerous separate timekeeping, forecasting, payroll and accounting systems.
2021 was a very important year for TST as it built the foundation of the company, including bolstering its management team, building out new systems, creating new departments and streamlining its processes while achieving significant top-line and bottom-line growth, Kwaja said.
“All our accomplishments over the past 18 months wouldn’t be possible without the hard work of our exceptional employees, especially the TST leadership team and our hard-working finance organization,” he said. “I am very fortunate to be part of such a great and supportive organization.”
Why Watch
2021 was all about building out the finance organization and creating common systems. The focus in 2022 will be to continue to train, improve and streamline processes across finance and the entire organization. Kwaja’s primary focus in 2022 is to continue to assist the company in realizing the revenue synergies from the three acquisitions, specifically building out a consolidated and integrated pricing model for TST’s proprietary product lines.