JY Systems

KPMG Corporate Finance LLC is pleased to announce the sale of JY Systems, LLC (“JY” or the “Company”) to Markon Solutions (“Markon”) a portfolio company of Sterling Investment Partners (“Sterling”).

Founded in 2015 and headquartered in Windsor Mill, MD, JY specializes in engineering across a multitude of areas including Cyber Engineering, Systems Engineering, Software Development, Tier ½ Linux Admin support, and RF spectrums including 802.11 and Cellular that operate on Ground, Sea and Aerial platforms. JY is tactically positioned on multiple, interconnected contracts within the core of their IC customer, providing end-to-end support, SIGINT tool development, and support for leading technologies for national security customers.

"Joining Markon is a transformative step for JY Systems. Through this partnership, we bring our expertise and firmly embedded relationships with key clients while gaining access to new opportunities and resources that will elevate our team’s ability to deliver impactful mission solutions," said Josh and Yanina Glantz, CEO and Vice President of JY Systems. “KPMG’s institutional knowledge of the IC/DoD market as well as their ability to articulate JY’s strategic position in the national security market to the buyer universe was key,” added Josh.

This deal highlights a number of Government Services M&A trends:

• Strong activity and a desire for high-end technical lead positions, entrenched customer relationships, extensive contract footprint, and a well-funded backlog providing multi-year revenue and cash flow visibility
• Support of key national security agencies with funding and IT needs that are aligned with government spending priorities
• Enhancing high-end capabilities and gaining new key clientele that expands across primary intelligence agencies
• Private equity interest in the government services middle market remains strong with platforms looking for bolt-on acquisitions to gain access to new customers, capabilities, and contracts

This strategic acquisition expands Markon’s expertise in systems, software, and cyber engineering, particularly in support of Signals Intelligence (SIGINT) and Cyber Security missions.

Markon Solutions

Based in Falls Church, VA, Markon is a national consulting firm with a federal government focus, specializing in enterprise technology, business operations, and critical infrastructure for the Intelligence Community and civilian and defense agencies.