Announced
Completed
Financials
Tags
United States
Single Bidder
Private
Majority
agile engineering
Domestic
information technology solutions
IT Services: Other
Friendly
Completed
Acquisition
Private Equity
Synopsis
McNally Capital-backed Xcelerate Solutions, a defense and national security company, completed the merger with VMD, a cybersecurity, agile engineering, and critical infrastructure protection firm. Financial terms were not disclosed. We see this merger as a win-win. We share similar cultures, like-minded leadership, and a deep commitment to delivering positive mission outcomes. Since McNally Capital’s investment, we’ve been actively looking to expand our security and IT capabilities through M&A. McNally’s immense national security expertise, network, and efforts were instrumental in this transaction, and VMD is a great match,” Mark Drever, Xcelerate CEO.
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