Chesapeake Corporate Advisors Serves as Exclusive Financial Advisor
Baltimore, MD – September 5, 2024 – Chesapeake Corporate Advisors (“CCA”) is pleased to announce it has served as the exclusive financial advisor to Sensible Solutions and Technologies, Inc. (“SSATI”), a custom software development and system integration leader in the US national security community, in its acquisition of DataSync Technologies, Inc. (“DataSync”), a leader in knowledge management and data analysis.
The DataSync acquisition positions SSATI to attract new government agency customers and expand its footprint within the intelligence community, while enhancing the company’s ability to support its many existing government agency contracts. By acquiring additional capabilities and talent, SSATI is strengthening the foundation needed to help government agencies tackle their most pressing technical challenges. The transaction also opens up greater career advancement opportunities for the DataSync team.
“Our two organizations will greatly benefit from each other’s strengths and synergies,” said Don Brinkley, executive vice president at SSATI. “CCA provided SSATI with expert guidance and assistance throughout the completion of this critical acquisition, and Marty O’Neill and Andy Spears were with us every step of the way while navigating the process. We’d be excited to work with them again.”
“We’re excited for the possibilities that joining forces with SSATI means for the DataSync team,” said Matt Rice, DataSync president. “SSATI’s leadership fully understands what it means to support its customers and employees and has built an organization to do that. Together, we are positioned to accomplish great things.”
The CCA investment banking team on this transaction included Managing Director Marty O’Neill and Vice President Andy Spears. The law firm of Offit Kurman served as legal counsel to SSATI.
“Our team greatly appreciated the opportunity to partner with SSATI and help this leading govcon business acquire a company that will greatly expand its capabilities and turbocharge its growth in the government contracting space,” Spears said. “CCA’s deep govcon experience and specific expertise in the national security sector proved valuable throughout the process and helped SSATI achieve an exceptional deal outcome.”
About SSATI
SSATI is an information technology service provider specializing in contract work with the federal government and defense agencies. We offer our customers the very best: our team of dedicated, knowledgeable information technology professionals are passionate about staying at the top of their industry. Our mission-critical experience and skills make us an in-demand partner for customers looking for excellence. SSATI was founded in 2003 by intelligence industry engineers who knew they wanted to work for a different kind of company. Today, our corporate culture remains employee-focused as we support our customers’ mission. We’re consistently rated one of the best places to work by local publications, and our growth comes as much from our own employees recommending and referring their colleagues as it does from our respected recruiting team. Learn more at www.ssati.com.
About DataSync Technologies
DataSync Technologies provides consulting excellence and real-time solutions for customers with complex information technology needs within the defense and intelligence communities. The company is a proven engineering leader with over 20 years of experience supporting intelligence community customers in identifying challenges and developing solutions that meet current mission needs while delivering the flexibility to address tomorrow’s landscape. Learn more at www.datasynctech.com.
About Chesapeake Corporate Advisors
Chesapeake Corporate Advisors is a boutique investment banking and corporate advisory firm providing strategic advisory services (value creation) and investment banking services (value realization) to companies in the lower middle market. For more information, visit www.ccabalt.com or call 410.537.5988.
