Press Release
Press Release
Press Contacts: Erik Cummins, Matt Hyams, Olivia Thomas
08.02.18
WASHINGTON, DC—A team of Pillsbury lawyers led by Northern Virginia Corporate partner Matthew Swartz advised leading cybersecurity and counterintelligence provider Dependable Global Solutions (DGS) in its acquisition by Integrity Applications Incorporated (IAI), a portfolio company of Arlington Capital Partners. Founded in 2004, DGS provides solutions to intelligence and defense customers in the federal government. Terms of the deal were not disclosed. “We are tremendously excited to welcome DGS to the IAI family”
We are tremendously excited to welcome DGS to the IAI family,” said Dave Dzaran, President and CEO of IAI. “After our partnership with Arlington Capital earlier this year, DGS is the first of many investments, both organic and inorganic, aimed at not only bringing our collective capabilities to a broader set of defense and intelligence customers, but also facilitating our employees’ career growth by exposing them to adjacent mission areas to which their expertise from elsewhere in the Intelligence Community can be applied. With the acquisition of DGS, we will have over 1,100 employees with technical expertise in space, missile defense, cybersecurity and intelligence.”
Dai Do, CEO and founder of DGS, said “Both DGS and IAI have had immense success because of their common philosophy of putting customers first. As our growth trajectory and momentum accelerated this year, identifying the right partner to invest behind our expanding capabilities was the right strategic decision for our company. I don’t think we could have found a better home for our company and our employees than with IAI, and I’m very excited about the tremendous opportunities we have in front of us.”
Arlington Capital Partners is a Washington, DC-area private equity firm that has managed $2.2 billion of committed capital via four investment funds. Integrity Applications Incorporated is a technology-driven, science, engineering, intelligence, and software solutions company with a nationwide presence primarily supporting the national security community.
Along with Swartz, Pillsbury team members included Craig Chason, Ellen Grady, Tom Cho, Tara Shankar, Howard Clemons, Danielle Bradley, Nora Burke, Alex Ginsberg, Travis Mullaney and Meghan Doherty.