Holland & Knight's Mid-Atlantic M&A Team Represents Clients in Three Major Transactions
September 19, 2006
WASHINGTON, D.C. – Holland & Knight has completed three deals on behalf of Argon ST, Multimax Incorporated
and CAS, Inc., clients of the firm. These transactions represent three of the six deals Holland & Knight's Mid-Atlantic M&A Team expects to close in the coming weeks.
A team led by Virginia-based partner
Michael M. Mannix
and supported by
Adam A. August, represented Argon ST (NASDAQ: STST) in a definitive
merger agreement to acquire San Diego Research Center Incorporated for $41
million. SDRC is a rapidly growing leader in wireless communications
networks and has achieved significant growth by addressing challenging and
important opportunities in the defense sector.
Washington D.C.-based partners
William Mutryn,
David Matuszewski
and Paul Pompeo,
with support from associate
Courtney Kamlet
represented Multimax Incorporated in an agreement to be acquired by Netco
Government Services. Netco will retain the Multimax name and all services
will be marketed and delivered under the Multimax brand. With the
acquisition the combined company, which will be headquartered in Herndon,
Virginia, will have revenues over $300 million and more than 1,000 employees
servicing 50 states. Multimax is the premier resource for performance-based
enterprise IT and communications services and solutions supporting the
Department of Defense, federal civilian agencies, and state and local
government entities.
Holland & Knight's Corporate/M&A practice group assisted client CAS, Inc.
with the sale of the company to EDO Corporation. CAS was a privately-held
Huntsville, Ala.-based company that provided the Department of Defense with
engineering services, logistics and support, and weapons-systems analysis. The
sale of CAS was valued at approximately $180 million. Washington, D.C.
area-based partners William Mutryn,
Sam Kastner,
Jane Tam,
Jocelyn Brittin,
Paul
Pompeo and Orlando partner
John Dierking assisted with the sale of CAS, with
support from associates Shannon Knotts,
Warner Kuppin and
Maria Lumb from the
firm's Washington, D.C. and Northern Virginia offices.
Contact: Katherine Diggs, (202) 419-2479