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New Deal


Announced

Completed

Capitol Meridian, Declaration Partners, and 22C Capital-backed LMI completed the acquisition of JJR Solutions from Angel Fly.

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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Completed

Friendly

United States

Management Consulting

business management

Majority

Private

Single Bidder

Acquisition

Domestic

Private Equity

Synopsis

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Capitol Meridian, Declaration Partners, and 22C Capital-backed LMI, a provider of technology-enabled management consulting, logistics, and digital and analytics solutions, completed the acquisition of JJR Solutions, a business rooted in military service that is working to improve the nation’s health and security through user experience and technology solutions, from Angel Fly. Financial terms were not disclosed. “By integrating JJR Solutions' expertise into LMI, we are reaffirming our commitment to provide rapid, innovative, human-centered design solutions for our customers. We aim to empower the federal government to better understand and serve the needs of the people they support," Doug Wagoner, LMI CEO.

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