August 27th, 2024 – DFW Capital Partners (“DFW”) announced today that it has completed an investment in B&A (the “Company”). Headquartered in McLean, Virginia, B&A is a leading information technology systems integrator on behalf of government agencies.
This partnership represents a bold step forward for B&A, with DFW’s capabilities and resources enabling the next stage of growth and providing the tools for continued operational advancement. Building on the strong foundation laid by B&A’s previous partnership with Battle Investment Group, which has been instrumental in the company’s success over the past two years, this new relationship positions B&A to accelerate its trajectory and unlock new opportunities.
DFW brings extensive experience investing in services business involved directly and indirectly with the government market. DFW’s proven track record of attracting and investing in human capital to drive growth, combined with its expertise in providing the financial, business development and strategic planning resources needed for scaling, were key factors in the decision to partner.
“The partnership with DFW marks a pivotal milestone for our company,” said Jonathan Evans, President and CEO of B&A. “We are excited to join forces with DFW, whose unparalleled resources and industry expertise will be key as we embark on this next phase of our journey. Together, we are poised to deliver even greater value to our customers while exploring new avenues for expansion.”
Doug Gilbert, Partner at DFW, said, “We were immediately impressed by B&A’s management team and the company’s remarkable 30+ year history of providing high quality information technology modernization services. B&A’s ability to grow alongside the nation’s most critical government agencies and evolve through technological change in the industry highlights their deep commitment to customer success. We are thrilled to partner with the B&A team and support them in navigating the next chapter of their growth story.”
B&A remains committed to its mission of supporting our clients to help fulfill their mission. With the support of DFW, B&A is well-positioned to achieve its long-term objectives of enhancing its technical service offerings, investing in strategic growth initiatives, and pursuing new market opportunities.
Holland & Knight represented DFW in connection with the acquisition, and Stellus Capital Management provided financing. DC Advisory advised B&A on the transaction. For more information about B&A, please visit www.bna-inc.com
About B&A
Headquartered in McLean, Va., B&A is a leading information technology systems integrator providing solutions through six primary service offerings: Cloud Migration & Modernization, Agile DevSecOps Delivery, Application Transformation, Data Science & Analytics, Human Capital Management, and Operations & Enablement. We are a company whose accomplishments exemplify the skills, dedication, and commitment of our most valuable asset: our people.
Visit the company website at www.bna-inc.com for more information.
About DFW Capital Partners
DFW Capital Partners is a well-established private equity firm focused on providing growth equity and equity sponsorship of middle-market companies, with over $2 billion in assets under management. The firm’s focus for the past 20 years has been on niche service businesses with strong operating management, where the firm can add value in crafting and executing on a strategic growth plan. DFW brings a partnership-oriented approach to investing alongside management teams and has a strong track record in investing in and supporting businesses at the cross section of government contracting and information technology service.
To find out more, visit, www.dfwcapital.com