October 3, 2011, Advanced Programs Group, LLC (“APG”), the leading provider of Oracle e-Business services in the federal market, was acquired by CACI International, Inc. (NYSE: CACI) This acquisition expands CACI’s already strong presence in the business and government transformation arenas and aids CACI in providing solutions that are critical to the mission success of federal agencies. Outcome Capital acted as exclusive financial advisory to APG.
APG Founder and CEO, Bekim Veseli, said, “CACI has been a valuable long-term partner of APG and is a terrific fit for our customers and employees. With the addition of APG’s federal-focused qualifications and broad expertise in Oracle e-Business Suite and financial solutions, CACI further cements its leadership as a federal ERP solution provider.”
CACI President of U.S. Operations Bill Fairl said, “Advanced Programs Group is a wonderful addition to the CACI team, and their specialized knowledge of the Oracle e-Business Suite will greatly enhance our business transformation capabilities. We look forward to working with APG’s talented employees as we continue to provide solutions that will help our clients achieve mission-critical benefits and make better spending decisions.”
Paul Cofoni, CACI President and Chief Executive Officer, stated, “The acquisition of Advanced Programs Group enables CACI to lead the way in providing a joint contract lifecycle management and financial solution that is unique within our industry. Our clients already know us as a trusted integrator; as a Federal Shared Service Provider, we can now offer the functionality and ease of use federal agencies need to meet their business transformation and financial needs.”
Braun Jones of Outcome Capital said “We believe the acquisition of APG will create tremendous long-term strategic value for CACI and are pleased with the results we were able to achieve for our client.”
About Advanced Programs Group, LLC
Founded in 2004, Advanced Programs Group has 110 employees and its services include Oracle e-Business Suite (EBS) implementations, IT program management, enterprise architecture, and security services. APG manages the entire lifecycle of an Oracle implementation – including design, configuration, testing, deployment, maintenance, and enhancement phases – and is one of the only companies to successfully upgrade federal clients to the latest Oracle EBS release. APG has contract vehicles with several key civilian and Department of Defense clients, including the Department of the Interior’s (DOI) National Business Center (NBC), a shared service center that provides financial systems for multiple government agencies. APG’s revenue in calendar year 2010 was $41.9 million.
About CACI International, Inc.
CACI provides professional services and IT solutions needed to prevail in the areas of defense, intelligence, homeland security, and IT modernization and government transformation. It delivers enterprise IT and network services; data, information, and knowledge management services; business system solutions; logistics and material readiness; C4ISR solutions; cyber solutions; integrated security and intelligence solutions; and program management and SETA support services. CACI solutions help federal clients provide for national security, improve communications and collaboration, secure information systems and networks, enhance data collection and analysis, and increase efficiency and mission effectiveness. A member of the Fortune 1000 Largest Companies and the Russell 2000 index, CACI provides dynamic careers for approximately 14,100 employees working in over 120 offices in the U.S. and Europe.
BOSTON–(BUSINESS WIRE)–Outcome Capital, a highly specialized life sciences and healthcare advisory and investment banking firm, today announced that ELIOS Vision, Inc. completed a growth financing round to support its European commercialization. Outcome Capital served as the exclusive strategic and financial advisor to the company. ELIOS’ implant-free, minimally invasive Excimer Laser Trabeculostomy glaucoma procedure is approved […]Read More
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