Wyle, an El Segundo, Calif.-based provider of tech and other services to military and civilian government agencies, has acquired RS Information Systems, a McLean, Va.-based federal systems integrator. No financial terms were disclosed. Wyle is a portfolio company of Littlejohn & Company.
PRESS RELEASE
Littlejohn & Co., a private investment firm, today announced that its portfolio company Wyle has completed the acquisition of RS Information Systems (RSIS) of
The acquisition of the privately held company increases Wyle's 2008 revenue projection to approximately $800 million and the number of employees to more than 4,200. RSIS serves a range of defense, civilian and science and engineering customers, including the U.S. Air Force, NOAA, NASA, FAA and DARPA.
“This acquisition significantly increases Wyle's federal information technology presence and further strengthens our presence in
Edmund Feeley, Managing Director of Littlejohn & Co. and a member of the Wyle Board, said, “Wyle continues to grow both organically and through strategic acquisitions. The acquisition of RSIS represents another logical step in Wyle's development as a leading provider of value-added technical services to the federal government and leading prime contractors.”
Wyle is a leading provider of specialized engineering, professional, technical, and IT services to military and civilian government agencies on long-term contracts. The company's core competencies include systems engineering, program management, test & evaluation, telecommunications, information assurance, research and various engineering services. The privately held company is headquartered in
About Littlejohn &
Founded in 1996, Littlejohn & Co., LLC is a Greenwich, Connecticut-based control-oriented private equity firm seeking investment opportunities in the middle market sector that are undergoing a fundamental change in capital structure, strategy, operations or growth that can benefit from its operational and strategic approach.