Arlington Capital to acquire SPA, merge it with MCR

On October 6, Arlington Capital Partners announced that an affiliate has entered into a definitive agreement to acquire Systems Planning & Analysis, Inc. (SPA). The agreement is subject to customary closing conditions and regulatory approvals.

Following closing, Arlington’s existing portfolio company, MCR, LLC, will be combined with SPA. Dr. William Vantine, SPA president and CEO, will serve as president and CEO of the combined company.

Arlington’s investment facilitates the creation of a combined company that will provide specialized advisory solutions to the most critical and complicated government missions.  In joining forces, the companies represent the premier independent advisory firm with over 1,200 employees, approximately half of which hold advanced degrees, ~$350 million in revenues and 125 proprietary software tools. The transaction brings together two great companies to form an organization that is not only specifically built to serve government customers in a non-conflicted fashion, but also to provide a workplace that is tailor-made to cultivate and support highly credentialed subject matter experts who are invaluable to missions of national importance.

Founded in 1972, SPA provides systems engineering, modeling and simulation, advanced analytics, strategic advisory, industrial policy and program management to government and defense customers in the United States and Australia, including Strategic Systems Programs, the broader undersea and surface warfare community within the US Navy, Office of the Secretary of Defense (“OSD”), Defense Threat Reduction Agency (“DTRA”), Space Force, Air Force and the Australian Department of Defence.

Dr. William Vantine, CEO of SPA, said, “We are thrilled to be partnering with Arlington and MCR to fill an important void in the market and create an unmatched leader within the technical government advisory ecosystem. By leveraging the historical individual successes across each of our companies and pooling our organic investments in facilities, R&D and our employees, we are excited to move out to achieve our strategic vision after closing.”

David Wodlinger, a partner at Arlington, said, “We have long recognized the invaluable contributions to the mission that a unique cadre of elite advisory firms like SPA and MCR provide. We are excited to honor that proud tradition and help further the reach and deepen the capabilities of SPA and MCR by creating a combined enterprise that builds upon their complementary customer bases, geographies and intellectual property.”

Bill Parker, CEO of MCR, said, “MCR and SPA are two sides of the same coin. Our strength with customers such as the Space Force and Air Force perfectly complement SPA’s unique positions with customers like the Navy, DTRA and OSD. The combination will provide significant career advancement opportunities for our employees, and new capabilities and offerings for our customers.”

Ben Ramundo, a vice president at Arlington, said, “We are eager to build another platform serving the most important missions within the national security community. Through a combination of internal investments to supercharge what makes both companies special and potential acquisitions of other industry leading firms, the organization is primed to deliver its technical excellence to an ever expanding customer set.”

Source: Arlington Capital

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