FAIRFAX, Va., May 26, 2016 /PRNewswire/ -- ECS Federal, LLC ("ECS"), a rapidly-growing provider of mission critical solutions to U.S Defense, Intelligence Community and Federal Civilian customers, announced today that it received the Private Company Deal Team of the Year Award from the Association for Corporate Growth ("ACG").
In 2015, ECS completed several successful strategic acquisitions to strengthen the company's position in the defense and intelligence communities and enter the defense healthcare information systems and research fields. These acquisitions also allowed ECS to secure a significant presence at the Space and Naval Warfare Systems Command Center, Charleston.
During 2015, ECS also secured a partnership and significant financial investment from Lindsay Goldberg LLC, a New York-based private investment firm that specializes in making long-term investments in privately-owned businesses. In addition, ECS amended its existing credit facility to significantly increase its available credit and added Capital One, National Association, TD Bank, N.A., Regions Bank, and Citizens Bank of Pennsylvania as lenders. SunTrust Bank, acting as administrative agent, and Bank of America, N.A. continued as lenders to the company under this facility.
The investments leveraged decades of focus in engineering disciplines, advanced research, cloud engineering, data visualization, and secure communications that enable information sharing across multiple defense and intelligence agencies and between coalition partners. The acquisitions allowed ECS to further increase its market share in DARPA/IARPA and in advanced DoD special projects supporting mission critical systems designed for sea, land, air, and space applications. ECS also was able to branch into the area of light manufacturing of Radar Cross Section Measurement Systems used in stealth programs and Flight Termination Systems used on test ranges.
Since 2011, ECS has nearly tripled its revenues through a combination of above market organic growth and strategic transactions. "ECS is proud to have received this award from the National Capital Chapter of ACG" said George Wilson, CEO and President. "Our team has worked hard to grow organically at above industry levels and selectively source strategic acquisitions in mission critical areas to achieve our growth objectives. We could not have done so without the great support of our employees, our investor group and the syndicate of commercial banks that partner with us."
About ECS Federal, LLC
ECS delivers engineering, scientific, and technical expertise and mission critical solutions to Department of Defense and Federal Civilian agencies. As an externally assessed CMMI Level 3 company, as well as an ISO 9001:2008, ISO/IEC 20000 and ISO/IEC 27000:2013 certified company, ECS' award-winning expertise and commitment to quality services are critical in meeting the missions of our customers. Headquartered in Fairfax, Virginia, ECS has nearly 2,000 employees throughout the United States and has been recognized as a Top Workplace by the Washington Post. For more information, visit our web site at www.ecs-federal.com.
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SOURCE ECS Federal, LLC