Trowbridge has acquired IntelliWare Systems, expanding its portfolio of solutions with the addition of new national security customers and creating opportunities for employees within the combined company.
IntelliWare operates at the intersection of intelligence, law enforcement and homeland security, providing cyber, intelligence and IT solutions to the FBI, the U.S. Marshals Service and the departments of State and Homeland Security.
Trowbridge, which is backed by Enlightenment Capital, serves the defense, intelligence and federal civilian markets with digital solutions. Its President and CEO Cass Panciocco said the company is excited to welcome the IntelliWare team.
“IntelliWare adds complementary capabilities, a highly-skilled team of employees, and a new customer base that will help us further enable Federal agencies to integrate emerging technologies with complex systems, and conduct data and intelligence analysis for better informed, more efficient decision making,” he said.
And according to Trowbridge Chief Growth Officer Matthew Candy, IntelliWare’s customers in federal law enforcement and homeland security agencies have critical mission needs and growing budgets.
“We have identified several key opportunities to better serve our customers that neither business could pursue independently,” he said. “Together with Trowbridge’s strategic positions within defense customers, the combined business has the size, scale, and reach-back to further expand organically through additional solutions and contracting options.”
For IntelliWare, it’s an ideal match, said its CEO and Founder Dominic LaPore — especially considering the technical and operational capabilities of both companies and the shared commitment to customers’ missions.
“Our cultures are dedicated to excellence in delivering high-quality solutions, and we are proud to bring our collective capabilities to market with Trowbridge to enable critical Federal government national security missions,” he said.
Investment bank KippsDeSanto acted as the financial adviser to IntelliWare on this transaction.