Exclusive advisor to Xpect Solutions

KPMG Corporate Finance LLC is pleased to announce the sale of Xpect Solutions (“Xpect” or the “Company”) to NewSpring Holdings, NewSpring’s majority investment strategy focused on sector-specific platform builds.

Headquartered in Reston, VA, Xpect is a leading provider of cutting-edge enterprise IT and security solutions to the Federal Bureau of Investigations (FBI), Department of Justice (DOJ) and the National Institutes of Health (NIH) agencies. Xpect offers a wide range of solutions, including engineering and network infrastructure, cybersecurity, cloud services, and data center management. The Company’s emphasizes secure and reliable technology tailored to meet the complex requirements of federal entities, ensuring mission-critical operations that help federal agencies anticipate and combat evolving criminal threats.

“We are extremely excited about the next chapter for Xpect with NewSpring Holdings as our partner. KPMG’s industry expertise and understanding of the government contracting market was critical in guiding us towards a successful outcome. KPMG’s proactive approach was key to a smooth process,” CEO, Ash Halim said of the acquisition.

This transaction underscores NewSpring’s thesis-driven approach, which better enables direct sourcing and exclusive opportunities through deep industry connections.

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

• Private equity interest in the government services middle market remains strong with a focus on acquiring strong, established privately held companies
• Support of key agencies with funding and IT needs that are aligned with government spending priorities
• Strong activity and a desire for prime contracts and in-demand capabilities including engineering and network infrastructure, cybersecurity, cloud services, and data center management
• Entrenched customer relationships with strong past performance and credentialed staff

NewSpring

NewSpring is a lower-middle market focused private equity firm that partners with the innovators, makers, and operators of high-performing companies in dynamic industries to catalyze new growth and seize compelling opportunities. The Firm manages approximately $3.5 billion across five distinct strategies covering the spectrum from growth equity and control buyouts to mezzanine debt.

KPMG Corporate Finance, LLC

The global Corporate Finance practice of KPMG International’s network of independent member firms was ranked #1 as the top M&A middle-market adviser globally by Refinitiv, based on number of completed transactions, for the past 20 years.

Trust KPMG Corporate Finance, LLC with your next transaction.

https://corporatefinance.kpmg.com/us/en.html