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New Deal


Announced

Declaration Partners, Capitol Meridian and 22C Capital to acquire LMI.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Pending

United States

Private

Private Equity

Management Consulting

management consulting

Majority

Friendly

Domestic

Synopsis

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Declaration Partners, NYC-based investment firm, Capitol Meridian, a private equity firm, and 22C Capital, a private investment firm, agreed to acquire LMI, a provider of technology-enabled management consulting, logistics and digital & analytics solutions. Financial terms were not disclosed. "This new partnership will better position LMI to innovate and support the missions of its government customers. Declaration, Capitol Meridian, and 22C bring an extensive knowledge of the government marketplace and a deep technology expertise, strengthening our ability to help our customers solve their complex challenges," Doug Wagoner, LMI President and CEO.

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