The McLean Group Advises Groundswell Consulting Group on Its Sale to CollabraLink
ā
McLean, Va. ā July 12, 2022 ā The McLean Group is pleased to announce that it advised Groundswell Consulting Group on its sale to CollabraLink, a portfolio company of Washington Harbour Partners.Ā Groundswell is aĀ leading provider of Appian development and integration services to US federal agencies. The integrated company will assume the name Groundswell.
āWe have been extremely impressed with the vision and leadership of the Groundswell team, and their relentless desire to bring modern solutions to critical government missionsā, said Mina Faltas, Washington Harbourās Managing Partner. āThe combination of Groundswell and CollabraLink brings together two digital transformation leaders, now poised to make significant impacts for clients.ā
CollabraLink specializes in deploying modern solutions to highly complex federal mission and administrative challenges. CollabraLink serves a wide array of civilian and national security agencies with its robust full stack, low code, data science, ERP, supply chain, and cloud practices.
The McLean Group is extremely excited for the Groundswell and CollabraLink teams. As leaders in the federal market they are positioned for significant growth in the low-code industry, providing customized enterprise platform solutions across markets. We look forward to the expansion of the combined firms across the federal space.
– Andy Smith, The McLean Group
The merger with Groundswell expands CollabraLinkās footprint through federal civilian and defense agencies, and solidifies CollabraLink as the largest, most accomplished Appian integrator in the public sector.
āGroundswell is a world-class Appian delivery firm, complete with some of the most innovative, cutting-edge intellectual property, and senior talent in the Appian ecosystem,ā George Batsakis, CollabraLink Chief Executive Officer stated. āTogether, weāve formed a company that is focused on modernizing and transforming how the government delivers services through the application of next-generation technologies, expert talent, and modern, cloud- and platform-delivered applications and business models.ā
āThe Groundswell name reflects our commitment to bringing an unstoppable, seismic technology change to government.”
George Batsakis, Chief Executive Officer
Groundswell founders Blake Templeman, Eric Grinnalds and Justin Watts will continue with the firm as investors and operating executives.
āCollabraLink and Groundswell have a shared mission: to help government transform the way they deliver services,ā said Blake Templeman. āWeāre excited to expand our capabilities and continue the journey together.ā
The adoption of the Groundswell brand is reflective of CollabraLinkās focus on modern, innovative ways to solve significant and complex federal challenges. āAs CollabraLink and Telesto came together, and now as Groundswell joins the team, we have been re-thinking our brand,ā said George Batsakis. āCertainly, the combination of these powerful capabilities under one roof is nothing short of a seismic change. So how do we best convey this power to the marketplace? We found the answer right under our nose. The Groundswell name reflects our commitment to bringing an unstoppable, seismic technology change to government. It’s a name of strength, of energy, and reflects the momentum and impacts that CollabraLink + Groundswell + Telesto will make as a combined team.ā
The integrated Groundswell organization will remain headquartered in McLean, Virginia.
The McLean Group served as exclusive financial advisor to Groundswell Consulting Group. Holland & Knight and Whiteford Taylor Preston served as legal advisors to Washington Harbour Partners and Groundswell Consulting Group, respectively.
About Groundswell
Groundswell, previously CollabraLink Technologies LLC, is a premier technology integrator resolutely committed to solving the most complex challenges facing federal agencies today. We leverage our wealth of technology, capabilities, and expertise to help the government further its objectives and redefine what citizens can expect from digital government services. Our new name, Groundswell, represents our commitment to be an unstoppable, seismic change in government. For more information, visitĀ www.gswell.com
ā
About The McLean Group
The McLean Group, LLC is a 25-year-old boutique investment bank and financial services firm focused on the Defense, Government & Intelligence (DGI), Security, Critical Infrastructure, and Maritime markets. Its team of licensed professionals brings deep industry experience and relentless execution to every client engagement. The McLean Group provides solutions that blend financial creativity with operational expertise. Whether they are providing transaction advisory services, valuation opinions, or growth capital, the Firmās services are unmatched in these core markets. Learn more at www.McLeanLLC.com.
RECENT NEWS
Monthly Middle Market M&A Insider Report (July 2024)
The McLean Group’s dedicated M&A team highlights exciting developments in the Defense, Government, Intelligence, and Critical Infrastructure M&A Landscape for July 2024. In this report, we analyze the latest middle-market transactions, and we’re thrilled to unveil the insights in the May edition of our M&A Insiders Report. [ā¦]
McLean Advised Emagined Security on its Sale to Neovera a 424 Capital Company
The McLean Group advised Emagined Security on its recent acquisition by Neovera, a 424 Capital portfolio company. Emagined Security is a leading provider of professional services for information security and compliance solutions in highly regulated industries. Together, Neovera and Emagined Security will combine resources and knowledge to tackle the challenges of the ever-evolving cybersecurity landscape and regulatory requirements, especially within the healthcare, financial and government markets.Ā […]
Q2 2024 Mergers & Acquisitions Market Update
A comprehensive review of the Q2 2024 middle-market mergers and acquisitions (M&A) market activity within the defense, government, security, technology, and critical infrastructure sectors reveals […]