The McLean Group Advises NetCentrics on its Acquisition by Haystax Technology

MCLEAN, VA – August 5, 2014 – The McLean Group today announced that it acted as the exclusive mergers and acquisitions (M&A) advisor to NetCentrics Corporation (NetCentrics), on its acquisition by Haystax Technology Inc (Haystax), an Edgewater Funds’ portfolio company. Financial terms of the deal were not disclosed.

Founded in 1995, NetCentrics is a cybersecurity and network management solutions provider to defense and federal customers. NetCentrics’ acquisition by Haystax, an analytics and cloud computing solutions developer, creates a next-generation mid-market company delivering cybersecurity, advanced analytics, real-time threat assessment, IT enterprise management, cloud computing and secure mobility solutions.

“We have very strong cultural alignment and focus on bringing leading edge technology to our customer’s most difficult missions by providing differentiated solutions with innovation and agility,” said Haystax’s CEO William B. Van Vleet III. “The NetCentrics team has proven expertise, strong leadership and complementary skills and capabilities. Their size, scale and infrastructure, along with a strong contract base, provide a formidable foundation for acceleration of growth in a number of critical areas.”

NetCentrics’ CEO Bob Dougherty stated, “Since founding NetCentrics almost 20 years ago, we’ve worked to offer top-notch technical solutions to our clients and create a corporate culture that has strong core values and a commitment to employees. The McLean Group went above and beyond to find us a partner in Haystax wherein we can extend our culture and build an environment where creative thinking, imaginative engineering and thoughtful leadership will take our combined organization to new levels. Their expertise throughout this process provided invaluable help to the shareholders resulting in a transaction in which everybody involved can be incredibly proud.”

The McLean Group’s Aerospace, Defense & Government (ADG) practice advised on the transaction. This transaction adds to The McLean Group’s record of successful Defense and Government Services advisory assignments.

ABOUT THE MCLEAN GROUP

The McLean Group is a leading independent investment bank that provides merger and acquisitions (M&A), business valuation and strategic consulting services to middle market companies. The firm’s Aerospace, Defense & Government Services (ADG) team is one of the largest dedicated groups in the country and has deep transactional expertise in nearly every segment of the government market.

Our practice leads have advised on more than 150 government sector transactions with cumulative deal value exceeding $4 billion, including 43 transactions closed since 2010. Our firm’s M&A advisory and valuation services reflect our comprehensive industry knowledge, extensive transactional successes, commitment to providing senior-level attention to every client engagement, and real-time understanding of industry-specific valuation drivers.

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