A consortium of investors led by venture capital firm ClearSky has acquired engineering and analytics platforms provider Altamira Technologies for an undisclosed sum.
The investor group also includes Nio Advisors and McNally Capital and Altamira said Wednesday Peter Kuper, a managing director at ClearSky; Joseph Wright, chairman at ClearSky; and Ward McNally, a managing partner at McNally Capital; will join its board of directors.
œAs we enter the next phase of growth at Altamira, the team is excited to build on our position as the most well established and fully integrated mid-market provider of innovative solutions to defense and intelligence customers, Ted Davies, Altamira chairman and CEO and a former Wash100 Award winner, said in a statement to GovConWire.
œIt has been a tremendous honor to lead the organization and its incredible employees in becoming a premier mid-market innovation partner to the National Security Community, Altamira President Jonathan Moneymaker told GovCon Wire. œThe leadership team is poised and ready to capitalize on its market position partnered with ClearSky, McNally, and Nio to take the company to the next level in support of our National Security customers and their critical missions.
KippsDeSanto & Co. acted as Altamira™s exclusive financial adviser in the transaction. Bob Kipps, a former Wash100 winner, is co-founder and a managing director of KippsDeSanto. Cooley LLP advised Altamira on the deal™s legal aspect.
Altamira has seen a compound annual growth rate of more than 20 percent in the past four years and provides data analytics, engineering, cyber technology and support services to defense, homeland security and intelligence clients through its positions on multibillion dollar contract vehicles.
