ManTech International Corporation of Fairfax, VA announced June 16 that it has completed the acquisition of Knowledge Consulting Group (KCG), a rapidly growing cyber security advisor in both the public and private sectors focused on anticipating threats and implementing defensive countermeasures. ManTech will fund the acquisition from cash on hand with additional funding from its existing line of credit.
Headquartered in Reston, Virginia, and founded in 2000, KCG provides full lifecycle cyber security solutions in risk assurance, cyber operations, and infrastructure security to identify and manage risk for our nation’s most critical infrastructures and institutions. Leveraging its repeatable, full lifecycle approach, KCG can enable an organization to navigate the complexities of the evolving cyber security landscape and assure the security of its assets, information, and reputation. In addition, KCG is at the forefront of cloud security for government agencies as one of the first and most active cyber security companies accredited as a Third-Party Assessment Organization (3PAO) under the FedRAMP Program. KCG’s major customers include critical government agencies, such as the Departments of Homeland Security and Justice, as well as leading commercial solution providers.
The acquisition of KCG brings more than 200 cyber security professionals to ManTech’s Mission, Cyber and Intelligence Solutions Group, led by L. William Varner. The acquisition will be slightly accretive to 2015 financial results.
“ManTech is a cyber leader, and the acquisition of KCG fits with our strategy of expanding into the growing cyber services and homeland security markets,” said ManTech Chairman and Chief Executive Officer George Pedersen. “We are excited to add KCG’s talented people, trusted capabilities, and important customers to ManTech.”
“KCG looks forward to integrating seamlessly with ManTech to create the premiere provider of cyber defense solutions across federal and commercial customers,” said Dusty Wince, founder and chief executive officer of KCG. “KCG’s business leaders and I are all excited by the opportunity to leverage the resources of KCG and ManTech to expand our services to current customers and aggressively pursue new opportunities.”
Source: ManTech International Corporation