“We are incredibly honored to have had the opportunity to represent Phacil and its leadership team on this transaction. This marks our second engagement with Phacil, having advised the company on its 2016 sale to an employee stock ownership plan (ESOP),” said Greg Nossaman, a senior managing director at The McLean Group. “The Phacil team executed upon a disciplined strategy to position the company for long-term success following its ESOP transaction. This process validated those efforts and creates a wonderful opportunity for the business to continue its success in partnership with By Light.”
“Phacil represents an exceptional platform in the government services market and has found great partners in By Light and Sagewind,” added Greg Woodford, a senior managing director at The McLean Group. “We look forward to following their combined successes as they continue to scale the business and support mission-critical needs of the federal government.”
“The McLean Group has been a trusted and valued partner to Phacil for several years,” said Tom Shoemaker, CEO of Phacil. “They have provided consistent support to us, starting with the ESOP formation, continuing with strategic advisory services, and culminating in a sale to By Light that represents an exceptional outcome for the company. They managed a highly disciplined process that enabled us to select what we know to be the right fit for our employees, customers, and stakeholders.”
Founded in 2001, Phacil is a leading provider of mission-focused, results-driven technology solutions to the federal government. The Company has delivered mission-critical IT services, including the modernization and assessment of IT systems, networks, and data centers; the implementation of cloud and other managed services to support web applications, infrastructure, and project management; cybersecurity threat identification, vulnerability testing and systems monitoring; and the development and implementation of cloud and other software solutions to assist with data migration, server hosting, web portals, and service desk support for federal defense, homeland security & law enforcement, and civilian agencies.
By Light is a leading provider of IT, cloud, cyber and infrastructure solutions to the US Federal Government. The Company provides services primarily to the Department of Defense, Veterans Affairs, Defense Information Systems Agency, and the Intelligence Community. By Light’s acquisition of Phacil is the Company’s second since it was acquired by Sagewind Capital in 2017.
ABOUT THE MCLEAN GROUP
The McLean Group 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. The firm’s 60+ professionals bring deep industry experience and relentless execution to every client engagement. TMG provides solutions that blend financial creativity with operational expertise. Whether The Firm is providing transaction advisory, valuation opinions or growth capital, its services are unmatched in these core markets.