Transactions

February 12 2025

KippsDeSanto & Co. advises Maveris, LLC on its sale to Harmonia Holdings Group, LLC, a portfolio company of Madison Dearborn Partners

KippsDeSanto & Co. is pleased to announce the sale of its client, Maveris, LLC (“Maveris” or the “Company”) to Harmonia Holdings Group, LLC (“Harmonia”), a portfolio company of Madison Dearborn Partners, a leading private equity investment firm based in Chicago, IL, that has raised aggregate capital of more than $31 billion since 1992.

Founded in 2015, Maveris has grown rapidly over the past decade as a provider of innovative, high-end cybersecurity solutions to the U.S. Federal Government across an impressive portfolio of prime contracts, with considerable depth at the Department of Veterans Affairs. The Company is committed to helping its customers create secure digital solutions, including cyber threat hunting, threat intelligence, and incident response capabilities to accelerate their missions. Maveris brings a team of nearly 250 employees with considerable subject matter expertise to its strategic combination with Harmonia, as it looks to develop new, innovation solutions to address its customers' challenges.

The Company is well-positioned to capitalize on the strong, recurring, long-term demand for its capabilities, supported by a proven track record of exceptional delivery. The combination with Harmonia, leveraging its experience, technical knowledge, and complementary capabilities in the government technology solutions market, will support continued growth across federal agencies.

This transaction highlights several key trends in the M&A market:

· Financial sponsors remain focused on complementary add-on acquisitions that offer new capabilities with high-end technology expertise, as well as immediate scale and customer access;

· Significant market demand for highly skilled engineers and subject matter experts, with in-demand cybersecurity capabilities; and

· Continued appetite for high-growth companies aligned with federal IT budgetary trends and strategic cybersecurity priorities with solutions that drive mission outcomes.

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Brian T. Tunney

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KippsDeSanto & Co. is pleased to announce the sale of its client, Maveris, LLC (“Maveris” or the “Company”) to Harmonia Holdings Group, LLC (“Harmonia”), a portfolio company of Madison Dearborn Partners, a leading private equity investment firm based in Chicago, IL, that has raised aggregate capital of more than $31 billion since 1992.

Founded in 2015, Maveris has grown rapidly over the past decade as a provider of innovative, high-end cybersecurity solutions to the U.S. Federal Government across an impressive portfolio of prime contracts, with considerable depth at the Department of Veterans Affairs. The Company is committed to helping its customers create secure digital solutions, including cyber threat hunting, threat intelligence, and incident response capabilities to accelerate their missions. Maveris brings a team of nearly 250 employees with considerable subject matter expertise to its strategic combination with Harmonia, as it looks to develop new, innovation solutions to address its customers' challenges.

The Company is well-positioned to capitalize on the strong, recurring, long-term demand for its capabilities, supported by a proven track record of exceptional delivery. The combination with Harmonia, leveraging its experience, technical knowledge, and complementary capabilities in the government technology solutions market, will support continued growth across federal agencies.

This transaction highlights several key trends in the M&A market:

· Financial sponsors remain focused on complementary add-on acquisitions that offer new capabilities with high-end technology expertise, as well as immediate scale and customer access;

· Significant market demand for highly skilled engineers and subject matter experts, with in-demand cybersecurity capabilities; and

· Continued appetite for high-growth companies aligned with federal IT budgetary trends and strategic cybersecurity priorities with solutions that drive mission outcomes.

LEAD INVESTMENT BANKERS

banker-photo

Brian T. Tunney

Contact Brian