Special Investigations Limited Company Announces Reorganization, Acquisition

CHANTILLY, Va., Nov. 21, 2017 /PRNewswire/ -- Special Investigations Limited Company ("SI") today announced a major corporate reorganization. Along with a significant infusion of additional equity capital, the CVE-verified service-disabled veteran-owned small business (SDVOSB) announced the acquisition of Enterprise Applications, Inc.

SI, which recently won its first federal prime government contract, also announced leadership changes and the addition of three new equity members.           

Based in Northern Virginia and founded in January 2014 by Michael Pocalyko, Special Investigations is the first investigative firm ever to be formed out of the securities and financial services sector.

Mr. Pocalyko of Reston, Virginia remains its majority member and will be managing director and CEO of the reorganized company.

F. Jack Liebau, Jr., a longtime investment management executive, corporate director, and current Chairman of Myers Industries, Inc., has joined SI as an equity member. At Mr. Pocalyko's request and nomination, Mr. Liebau was elected to serve as the company's non-executive chairman of the board.

David B. Bopst of Jarrettsville, Maryland, previously a senior executive of several Fortune 500 companies and the managing director of Enterprise Applications, Inc., joins SI as an equity member and managing director. Mr. Bopst also joins the company's board of directors.

Ellen Cole of Chantilly, Virginia, an experienced executive in franchising and information data systems, who served as an investigator and the founding global case manager of SI, has become an equity member and managing director. Ms. Cole joins the company's board of directors.

The recent equity infusions and leadership changes mark SI's transition to a professional services firm in the information technology, cybersecurity, investigations, and intelligence sectors, serving federal and state government and commercial private sector clients. With its acquisition of Enterprise Applications, SI can now provide a comprehensive range of information technology and business process optimization for government agencies and commercial clients.

SI currently provides investigative services to the Office of the Director, Office of Marine and Aviation Operations (OMAO), National Oceanic and Atmospheric Administration (NOAA), US Department of Commerce.

In the SI corporate reorganization, three business operating units have been formed:

Special Investigations (specinv.com) will continue providing highly sophisticated investigations in commercial and government markets, operating worldwide in integrity assurance; anti-fraud; anti-money laundering; financial forensics; international corruption investigations; legal support services; and open-source intelligence. Ms. Cole is managing director of Special Investigations effective with the reorganization.

SI Cyber (sicyber.com), a new business unit, will apply the demonstrated strength of the company's global intelligence and business skills to the challenges of cybersecurity with a unique approach to cyber intrusion solutions. It will deploy proprietary methods of the investigative practice alongside innovative customized IT solutions.

Enterprise Applications (enterpriseapplications.com) will continue to provide a comprehensive range of information technology and business process optimization solutions. Mr. Bopst is managing director of both SI Cyber and EA effective with the reorganization.

Each of the three business units will serve both government and commercial clients.

SI will be participating in the National Veterans Small Business Engagement (NVSBE) with the US Department of Veterans Affairs at the America's Center in St. Louis, Missouri, December 5-7, 2017.

Mr. Liebau, the chairman, commented, "It's a great opportunity to bring outstanding service to the public- and private-sector clients that can benefit from the unique capabilities that our triad of businesses can offer. Of course, I'm pleased, as well, to work with Michael Pocalyko. I admire Mike's service to our country, and I'm confident he'll bring the same commitment to his role at SI."

Mr. Pocalyko, the CEO, said, "I am honored to welcome aboard Jack Liebau, David Bopst, and Ellen Cole as SI begins our growth in information technology, cybersecurity, and investigations. Jack and I are also intentionally breaking new ground in corporate governance, sharing responsibility between an independent chair and the operating executives of SI. We are excited and committed as a government contractor to be delivering Mission-Task-Purpose in the nation's service."

Disclosures:

SI is a regulated business entity (Virginia SCC S485639-1, District of Columbia DCRA L00005023915) providing private security services and investigative services licensed by the Commonwealth of Virginia Department of Criminal Justice Services, VA DCJS 11-8775.

SI has been verified as a Service-Disabled Veteran-Owned Small Business within the meaning of 38 C.F.R. § 74.1 by the United States Department of Veterans Affairs (VA) Office of Small & Disadvantaged Business Utilization (OSDBU) Center for Verification and Evaluation (CVE) by approval letter dated September 28, 2017, verifiable at https://www.va.gov/osdbu; Mr. Pocalyko is the majority equity member upon whose service-disabled veteran status this designation of the company is based.

SOURCE SI