The McLean Group Advises CollabraSpace on its sale to Eqlipse Technologies a Portfolio Company of Arlington Capital Partners
McLean, Va. – March 24, 2023 – Eqlipse Technologies, a newly formed platform of Arlington Capital Partners, has acquired CollabraSpace, a leader in providing real-time collaboration and enterprise software development solutions to both government and private industry. The Eqlipse Platform has industry-leading capabilities spanning full-spectrum cyber and signals intelligence (“SIGINT”) engineering, digital operations and identity management, and cutting-edge research and development (“R&D”). Eqlipse utilizes these core capabilities to deliver end-to-end mission-oriented solutions to key national security customers within the Department of Defense (“DoD”) and Intelligence Community (“IC”).
CollabraSpace, founded in 2001 and headquartered in Annapolis Junction, MD, is known for attracting and retaining an incredibly talented group of software and systems engineers with deep experience in the latest technologies. It is a proven leader in cybersecurity as well as software and systems engineering services supporting the National Security Agency.
"This transaction brings together two amazing management teams and will provide a solid footing for the newly established Eqlipse Technology Platform."
– Mitch Martin, The McLean Group
With the addition of CollabraSpace, Eqlipse now has over 600 employees across three primary locations – Herndon, Virginia; Annapolis Junction, Maryland; and Dayton, Ohio – and generates more than $200 million in revenue. The employee base is highly educated, with over 115 PhDs, and 45% of the workforce holds advanced degrees.
About Eqlipse Technologies
Eqlipse Technologies provides products and high-end engineering services to ensure our customers in the Department of Defense and Intelligence Community succeed in their most critical missions. Our industry-leading capabilities in virtual operations, identity management, signals intelligence, full-spectrum cyber and online operations, align with our state-of-the-art scientific research and technology services, ensuring that our essential national security agencies operate at the speed of innovation as their missions evolve to new battlefields. When innovation and mission are in total alignment, you’ll find Eqlipse. Learn more about Eqlipse at www.eqlipsetechnologies.com.
About Arlington Capital Partners
Arlington Capital Partners is a Washington, DC-based private equity firm that has managed approximately $7 billion in capital commitments. Arlington is focused on middle market investment opportunities in growth industries including government services and technology, aerospace & defense, healthcare, and business services and software. The firm’s professionals and network have a unique combination of operating and private equity experience that enable Arlington to be a value-added investor. Arlington invests in companies in partnership with high quality management teams that are motivated to establish and/or advance their company’s position as leading competitors in their field. For more information, please visit the A|C|P’s website at www.arlingtoncap.com.
About The McLean Group
For over 30 years, The McLean Group has been providing investment banking and financial services offerings focused on the Defense, Government & Intelligence (DGI), Security, Critical Infrastructure, Maritime, Facility Services, Unmanned Systems, and Public Safety markets. Our 60+ professionals bring deep industry experience and relentless execution to every client engagement. We provide solutions that blend financial creativity with operational expertise. Whether we are providing transaction advisory, valuation opinions, or growth capital, our services are unmatched in these core markets. Learn more at www.McLeanLLC.com.
RECENT NEWS
Monthly Middle Market M&A Insider Report (August 2025)
The McLean Group’s August 2025 M&A Insider Report highlights a month of dynamic transaction activity across defense, government, technology, and infrastructure sectors. Notable deals include acquisitions in ISR software, EO/IR satellite payloads, offensive cyber, aerospace components, and laser systems — underscoring strong buyer demand for mission-critical technologies and advanced manufacturing. Valuation multiples remain robust, driven by continued interest from strategic and financial sponsors seeking growth in high-priority national security and infrastructure markets. This report provides executives with a clear view of how current deal flow, sector dynamics, and valuation trends are shaping opportunities for both acquirers and sellers. […]
McLean advised South Central Water Company in its transaction with H2O America
The McLean Group advised South Central Water Company on the divestiture of its Cibolo Valley wastewater treatment plant and related assets to H2O America’s Texas Water Company. The transaction will expand TWC’s footprint in the Texas Hill Country by adding over 1,500 new wastewater connections, with more than 250 additional connections under contract. This acquisition strengthens TWC’s service area and provides customers with increased efficiency and enhanced customer experience solutions. […]
Sell-Side Financial Assessments: Preparing for a Smoother, Stronger M&A Process
In today’s competitive and fast moving M&A market, going to market without a fully developed financial narrative is a missed opportunity and often a costly one. For business owners looking to maximize value and minimize friction, proactive preparation is essential.
That’s where The McLean Group’s Sell Side Financial Assessment comes in. Designed to be more comprehensive and forward looking than a traditional Quality of Earnings (QoE) report, our assessment equips sellers and their advisors with the tools they need to […]