RESTON, Va., Nov. 12, 2013 /PRNewswire/ -- GAP Solutions, Inc. ("GAP Solutions" or the "Company"), a leading provider of professional and technical services primarily to civilian agency customers, is pleased to announce the recent acquisition of the Company by an entity led by Eric Wolking and Pat Flannery. Messrs. Wolking and Flannery are former Stanley Associates, Inc. executives with 35 years of combined operational, strategic, business development and merger and acquisition experience in the government services industry. Eric and Pat will join Diane Pairel, GAP Solutions' current President, in leading the Company, serving as Chief Executive Officer and Executive Vice President of Operations, respectively. All members of GAP Solutions' existing operations management team will remain with the Company.
"GAP Solutions is an outstanding platform for growth," said Eric Wolking. "The Company has an exceptional reputation with its customers and a talented and dedicated workforce. Moreover, it is positioned as a prime contractor in several high priority segments of the government market, including the federal healthcare arena. Diane and her team have done a fantastic job building the Company, and Pat and I are very excited about working with her to lead GAP Solutions through its next phase of growth."
Established in 1999, GAP Solutions provides a full spectrum of mission support services focused on emergency management, security and information management, managerial and administrative support, and logistics support. GAP Solutions' customer base includes the Department of Health and Human Services ("HHS"), Department of Homeland Security ("DHS"), Department of State ("State"), Department of Justice ("DOJ"), as well as various other civilian and defense agencies. The Company has distinguished itself through providing exceptional customer service and delivering cost savings to customers.
Leveraging GAP as a platform, the executive team is committed to building an agile company delivering high quality solutions to its increasingly discerning government customers at an affordable price.
Diane Pairel stated, "We believe the Company is poised to succeed in today's dynamic procurement environment. We look forward to executing our collective vision of building a leading government services company through organic and inorganic growth."
Bluestone Investment Partners played an integral role in the acquisition of GAP Solutions, identifying the opportunity for Messrs. Wolking and Flannery, leading due diligence, and facilitating financing for the transaction. The McLean Group served as an advisor to the Company. Wells Fargo provided financing for the transaction.
"The Bluestone team was critical to the success of our transaction with GAP Solutions. We value our trusted partnership with them and look forward to continue leveraging their market insight as we execute our consolidation strategy," said Pat Flannery.
SOURCE GAP Solutions, Inc.