CHANTILLY, Va., April 25,
2024 /PRNewswire/ -- VTG, an industry-leading
national security solutions provider, announced today that it has
acquired Vana Solutions, LLC, a Dayton,
Ohio-based digital transformation innovator. Vana provides
end-to-end digital transformation expertise combined with
cutting-edge technologies to deliver secure cloud environments,
data fabric solutions, and advanced analytics for mission-critical
national security programs.
"I am pleased to welcome the Vana team to VTG," said
John Hassoun, VTG President and CEO.
"Vana is a perfect cultural and strategic fit. It adds deep digital
domain expertise, bolsters our portfolio of differentiated
technologies, and expands our market presence to the U.S. Air Force
– especially to the key commands headquartered or operating from
Wright-Patterson Air Force Base."
Founded in 2005 by Srujal Sheth and Sunit Sheth, Vana's highly skilled, highly
technical professional workforce has earned a reputation for
best-in-class innovation in the digital space by leveraging its
proprietary technology solutions – epicAgile, vKesi, TurboKT, and
vIOLA – to solve complex national security challenges, primarily
for U.S. Air Force missions and programs. Vana CEO Srujal Sheth
said, "I am so proud of our remarkable team – Vana's success is a
testament to their exceptional talent, commitment to our customers,
and collaborative spirit." COO Sunit
Sheth added, "VTG shares our passion for the mission and
innovative culture. I'm excited about our partnership and for the
next phase of our journey."
The acquisition of Vana will enable VTG to offer a more
extensive portfolio of digital transformation and cloud services,
solutions, and technologies to a combined customer base that now
spans the Defense enterprise and Intelligence Community. This
acquisition is VTG's first since receiving a majority investment
from private equity investment firm A&M Capital Partners in
September 2023.
About VTG
VTG delivers modernization and digital
transformation solutions that expand America's competitive
advantage in the modern battlespace. Headquartered in Chantilly, Virginia, VTG provides full
lifecycle engineering for naval, aerospace, network, and digital
requirements. Whether at sea, in the air, on land, or in
cyberspace, VTG delivers Tomorrow's Transformation Today. For more
information, visit us at www.VTGdefense.com.
About A&M Capital Partners
A&M Capital
Partners is Alvarez & Marsal Capital's flagship investment
strategy focused on middle-market control transactions in
North America with total assets
under management of $4.0 billion.
A&M Capital Partners has a strong and referenceable track
record of serving as a trusted partner to founders, corporates, and
management teams, providing the capital and strategic assistance
required to take businesses to the next level of success. A&M
Capital Partners invests in businesses across a wide range of
sectors including Business Services, Industrials, Manufacturing,
Food & Beverage, Healthcare, Consumer & Retail, Government
Services, Financial Services and Energy Services.
About Alvarez & Marsal Capital
Alvarez &
Marsal Capital is a multi-strategy private equity investment firm
with approximately $5.9 billion in
assets under management across six funds and four investment
strategies. The firm is led by a highly experienced investment
team, which is augmented by a strategic association with Alvarez
& Marsal ("A&M"), one of the largest operationally-focused
advisory firms in the world. Alvarez & Marsal Capital combines
a focus on middle-market private equity investing, with deep
operational expertise, industry knowledge and global corporate
relationships, making Alvarez & Marsal Capital an attractive
partner to management teams and business owners. Alvarez &
Marsal Capital is headquartered in Greenwich, CT with offices in Los Angeles, CA and London, England. For more information, visit
www.a-mcapital.com.
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SOURCE VTG