RESTON, Va.–(BUSINESS WIRE)–Outcome Capital, an investment banking firm that serves middle market growth companies in aerospace, defense and government services, technology, and life sciences, is pleased to announce that Robbins-Gioia, LLC (“RG” or the “Company”) has been acquired by Acorn Growth Companies, a private equity firm based in Oklahoma City, OK, investing exclusively in aerospace, defense, and intelligence sector. Outcome Capital provided exclusive advisory services to the Company.
Based in Alexandria, Virginia, RG was the first firm to specialize in systems modernization solutions for the federal government and industry – transforming how they deliver and maintain readiness. The firm has evolved to be globally recognized for delivering purpose-built solutions to diverse challenges in business and government that modernize, secure and make its information technology architecture more efficient and effective through managed services, management consulting and innovative software tools, including The Jaguar Family of Advanced Scheduling Tools (JFAST™). JFAST is RG’s premier suite of software tools for planning, analysis and management of complex, mission-critical activities for defense organizations. The Company enables the readiness of some of the nation’s most critical military assets – keeping aircraft flying and ships sailing, using its JFAST scheduling systems.
“Finding and choosing the right strategic partner – in financial and cultural terms – for RG’s next phase of growth was essential and the Outcome Capital team, led by Tom Peltier, sculpted a process that did just that,” stated Brad King, CEO of RG. “We are delighted to become part of the Acorn Growth Companies portfolio and Outcome Capital played a significant role in a successful result for all parties.”
Tom Peltier, Managing Director of Outcome Capital, stated: “RG is a very unique technology solutions firm blending deep IP in powerful software tools, extensive domain knowledge, methodologies and processes to implement solutions critical to its customers’ operations across many disparate legacy systems. We enjoyed working with Brad and his team to craft the investment story and then take it to the right partners who would appreciate RG and its management team. We previously became acquainted with the Acorn team and we knew what they were looking for. Successfully bringing the two parties together was the most satisfying aspect of the transaction for us.”
About Outcome Capital
Outcome Capital is a unique investment banking firm that provides middle-market growth companies in the aerospace & defense, government services, technology, life sciences, and healthcare services markets with a value-added client-centric approach to merger, acquisition and corporate finance advisory services. The firm utilizes its proven approach to value enhancement by assisting boards and management teams in navigating both the financial and strategic markets and in implementing the best path for success. Outcome Capital’s strength stems from its unique ability to draw on its wide range of operational, strategic and transactional experience, its expertise across the value chain, and its broad industry relationships. The professionals at Outcome Capital take pride in their ability to help their clients make well-informed strategic decisions and recognize the full value created by their vision. www.outcomecapital.com.
Founded in 1980, Robbins-Gioia was the first firm specializing in program management services for the federal government. Today, they are the market leader in providing unique systems modernization and enterprise solutions focused on enhancing capabilities and improving performance and readiness for the federal government and industry. They deliver purpose-built solutions to diverse challenges in business and government through managed services, management consulting and software tools including JFAST™, RG’s premier suite of software tools for planning, analysis, and management of complex, mission-critical activities for defense organizations. www.teamrg.com.
Oded Ben-Joseph, PhD