ASRC Federal Acquires Broadleaf, Inc., Expanding Presence with DoD and Federal Civilian Agency Customers
Deal Accelerates Growth with U.S. Army, U.S. Navy & the Defense Counterintelligence & Security Agency
McLean, Va. – April 23, 2023 – ASRC Federal announces the acquisition of Broadleaf, Inc., which provides leading information technology services including cybersecurity, network engineering and cloud migration, as well as professional services including training and program management.
The acquisition adds nearly 600 employees who deepen ASRC Federal’s presence at key U.S. Army commands, specifically Aberdeen Proving Ground, as well as the U.S. Navy and the Defense Counterintelligence and Security Agency, while also expanding the company’s portfolio with new DoD and Federal Civilian customers.
"This transaction brings together two highly experienced management teams and represents a win-win for both firms. The combined resources and expertise of these two companies will provide enhanced value and service to their customers for years to come."
– Mitch Martin, The McLean Group
“This acquisition strengthens and expands our presence within key DoD agencies while also providing growth opportunities with new customers,” said ASRC Federal President and CEO Jennifer Felix. “I know the high performing team at Broadleaf will blend seamlessly with the ASRC Federal culture, and together we’ll continue to excel in the support of important customer missions.”
“Broadleaf is thrilled to join the ASRC Federal family,” said Vince Apesa, president of Broadleaf. “Our team is passionate about driving mission success for our customers, and we look forward to joining forces with the depth of resources and talent available at ASRC Federal to provide even greater value to those we serve.”
For more information or to schedule an interview, please contact Kristy Chandler at kchandler@asrcfederal.com.
About ASRC Federal
ASRC Federal’s family of companies deliver successful mission outcomes and elevated performance for federal civilian, defense and intelligence agencies while building an enduring enterprise focused on customers, employees, and shareholders. Discover more about ENSCO at www.asrcfederal.com.
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 Firm’s services are unmatched in these core markets. Learn more at www.McLeanLLC.com.
RECENT NEWS
Monthly Middle Market M&A Insider Report (October 2024)
The McLean Group’s M&A team is excited to share our October edition of the M&A Insider Report! This month, we delve into the evolving trends shaping dealmaking within the DGI space. As the dust settles from the recent presidential election, our report offers a fresh analysis of recent high-impact government contracts and M&A activity, revealing how they’re reshaping the competitive landscape. Gain valuable intelligence to navigate this dynamic market and make strategic investment decisions. The M&A Insider remains your trusted resource for staying ahead of the curve in the DGI sector. […]
McLean Advised Dignari on Sale to Ernst & Young (EY)
The McLean Group advises DIGNARI on its recent sale to Ernst & Young (EY). DIGNARI, which uses a data-driven strategy to advise U.S. government clients, boasts a 300+ strong workforce […]
Q3 2024 Mergers & Acquisitions Market Update
A comprehensive review of the Q3 2024 middle-market mergers and acquisitions (M&A) market activity within the defense, government, security, technology, and critical infrastructure sectors reveals […]