Sayres Defense, a prominent provider of defense mission support services to the US Navy, Department of Defense, and the broader National Security community, has announced the strategic acquisition of Global Systems Technologies (GST), a leader in defense and homeland security services. This acquisition positions GST as the third entity within Broadtree Partners’ Government Contracting (GovCon) platform, which already includes Sayres Defense and Joint Research and Development (JRAD).
Tim Reardon, with an esteemed career including senior roles at Lockheed Martin and Leidos, will helm the leadership of the merged entities as CEO. The acquisition marks a significant milestone in strengthening the combined companies’ legacy of excellence in the national security market. Together, GST, JRAD, and Sayres Defense aim to offer unparalleled, mission-critical support across various engineering domains, significantly enhancing service delivery to national security programs.
Charlotte-based Broadtree Partners, a middle-market private equity firm with a focus on aerospace, defense, intelligence, and federal civilian government services, leads the acquisition. Broadtree’s strategic investments have consistently aimed at fostering sustainable growth within the GovCon sector, with this acquisition being its fourth significant platform investment. The firm’s approach emphasizes partnering with high-caliber executives to drive value, ensure the continuation of company legacies, and maintain core values through flexible acquisition strategies.
The acquisition saw Holland and Knight serving as legal counsel for Broadtree Partners, Sayres Defense, and JRAD, while G Squared Capital Partners provided financial advisory services. Miles and Stockbridge acted as legal counsel for GST, ensuring a smooth transition and integration process.
The acquisition of GST by Sayres Defense, under the auspices of Broadtree Partners, signifies a robust expansion in the GovCon sector, promising to elevate the capabilities and service offerings in mission-critical defense and national security areas. This strategic move not only enhances the operational and financial leadership within the GovCon platform but also sets a precedent for future growth and acquisitions in the government contracting space.
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