Chesapeake Corporate Advisors Serves as Exclusive Financial Advisor
Baltimore, MD – February 12, 2026 – Chesapeake Corporate Advisors (“CCA”) is pleased to announce it has served as the exclusive financial advisor to ANALYGENCE, Inc. (“the Company”, now operating as Tharros). Tharros, founded in 2010 and headquartered in Fulton, MD, is a leader in vulnerability expertise, cyber research, cyber operations, and cyber capability development for the federal government.
Lonnie Parker, CEO of Tharros, said, “Blue Delta Capital Partners’ alignment with our mission and culture is what we were looking for in a partner. We’re confident this partnership will accelerate our long-term growth while preserving what makes our company special. Throughout the process, CCA provided exceptional guidance and ensured we stayed focused on what matters most including our people, our customers, and our long‑term mission.”
Marty O’Neill, Managing Director at CCA, added, “Working alongside Tharros through this transaction has been immensely rewarding. Blue Delta Capital Partners is aligned with Lonnie’s team in culture, capabilities, and long-term objectives. This partnership positions the Company for sustained success, and we’re proud to have played a role in this milestone.”
In addition to Mr. O’Neill, CCA’s investment banking team on this transaction included Director Andy Spears, and Associate Kevin Afriyie. McDonald Hopkins LLC served as legal counsel to Tharros.
About Tharros
Tharros is a leader in vulnerability expertise, cyber research, cyber operations, and cyber capability development for the federal government. Tharros’s tools include the only government-adopted vulnerability disclosure platform to cyber range development, providing unmatched visibility into emerging threats. To learn more, visit www.tharros.com.
About Blue Delta Capital Partners
Founded in 2009, Blue Delta is a venture capital firm focused exclusively on the U.S. Federal Government market. Blue Delta provides growth equity investments, strategic input, and deep federal market expertise in return for non-controlling ownership positions. To learn more, visit www.bluedeltacapitalpartners.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.
