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
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
The McLean Group Advises Syntasa on Its Strategic Investment by Verix Equity Partners
The McLean Group served as exclusive financial advisor to Syntasa on its strategic investment from Verix Equity Partners, a private equity firm focused on founder-owned businesses across the national security and technology ecosystems. Syntasa provides a sovereign agentic AI and data platform delivering secure data preparation, governance, and orchestration across public cloud, private infrastructure, air-gapped environments, and the edge for defense, intelligence, and civilian government agencies and global commercial enterprises. […]
The McLean Group Advises TENICA Global Solutions on Majority Investment by McNally Capital
The McLean Group served as financial advisor to TENICA Global Solutions on its majority investment from McNally Capital, a Chicago-based private equity firm focused on founder-, family-, and management-led businesses in national security, defense, and industrial technology. TENICA, headquartered in Chantilly, Virginia, provides integrated engineering, mission operations, cybersecurity, and digital modernization solutions supporting critical space, intelligence, and defense missions for the U.S. Intelligence Community and Department of War. […]
Q2 2026 Mergers & Acquisitions Market Update
The McLean Group’s Q2 2026 M&A Insider Report tracks deal activity across Defense, Government & Intelligence, Physical & Cyber Security, Critical Infrastructure, and Maritime. Defense led the quarter with 98 closed transactions, headlined by TransDigm’s $2.2B acquisition of Victor Sierra Aviation and Jet Parts Engineering and Howmet Aerospace’s $1.8B acquisition of Consolidated Aerospace Manufacturing, with the Defense Systems index (+32.7%) topping all others over the trailing twelve months amid the Pentagon’s post-Iran munitions surge. Physical & Cyber Security closed 34 transactions led by ServiceNow’s $7.75B acquisition of Armis, with Cyber/Technology Security EBITDA multiples reaching 81.7x LTM. Critical Infrastructure closed 38 transactions and Maritime moderated to 13 amid Red Sea rerouting and Panama Canal constraints. The full report includes sector commentary, EBITDA valuation multiples, public company benchmarks, and representative transaction data for each sector. […]









