Integrity Applications Incorporated announces the acquisition of DGS
Integrity Applications Incorporated (“IAI”), a portfolio company of Arlington Capital Partners (“Arlington Capital”), announced on July 31 the acquisition of Dependable Global Solutions (“DGS”), a leading provider of cybersecurity and counterintelligence solutions to intelligence and defense customers in the federal government. DGS was founded in 2004 by Dai Do; the management team includes Joel Griffin, chief strategy officer, and Travis Hyde, chief operating officer. As part of the transaction Griffin and Hyde will join the leadership team at IAI as vice presidents.
“We are tremendously excited to welcome DGS to the IAI family,” said Dave Dzaran, president and CEO of IAI. “After our partnership with Arlington Capital earlier this year, DGS is the first of many investments, both organic and inorganic, aimed at not only bringing our collective capabilities to a broader set of defense and intelligence customers, but also facilitating our employees’ career growth by exposing them to adjacent mission areas to which their expertise from elsewhere in the Intelligence Community can be applied. With the acquisition of DGS, we will have over 1,100 employees with technical expertise in space, missile defense, cybersecurity and intelligence.”
Dai Do, CEO and founder of DGS, said “Both DGS and IAI have had immense success because of their common philosophy of putting customers first. As our growth trajectory and momentum accelerated this year, identifying the right partner to invest behind our expanding capabilities was the right strategic decision for our company. I don’t think we could have found a better home for our company and our employees than with IAI, and I’m very excited about the tremendous opportunities we have in front of us.”
David Wodlinger, a partner at Arlington Capital, said “Dai, Joel and Travis’s dedication to both the success of their customers’ mission as well as employee care made it clear that DGS would fit in well with IAI’s culture, and DGS’s capabilities in the domains of cybersecurity, insider threat, and counterintelligence are highly differentiated, and we expect to see strong growth in the demand for these services and solutions across IAI’s broader national security focused customer base.”
Ben Ramundo of Arlington Capital said, “DGS is well positioned to identify and resolve our nation’s most critical vulnerabilities, ranging from the attempts to compromise our critical infrastructure to the theft of intellectual property from top government research facilities. The importance of these missions, and the unique capabilities DGS utilizes to address them, reinforces IAI’s strategy of solving the most complicated problems facing our national security community.”
Source: Arlington Capital