Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce the completion of another highly successful transaction in the cybersecurity and IT services industry. Clearsight served as the exclusive strategic and financial advisor to The Van Dyke Technology Group, Inc. in its acquisition by Jacobs Engineering Group Inc.
Jacobs Engineering Group Inc. (NYSE:JEC), one of the world’s largest and most diverse providers of technical, professional and construction services, announced it has acquired The Van Dyke Technology Group, Inc. (Van Dyke), a 180-person cybersecurity firm based in Columbia, MD specializing in identity and access management, threat mitigation and other advanced cybersecurity solutions for enterprise networks and cloud-based IT environments. The unique cybersecurity solutions developed by Van Dyke will strengthen Jacobs’ IT solution offerings to public sector clients, including those across the Intelligence Community and Department of Defense, and provide a differentiated capability across the private sector client base. Clearsight served as the exclusive strategic and financial advisor to The Van Dyke Technology Group, Inc. The terms of the acquisition were not disclosed.
Van Dyke provides advanced cybersecurity services and solutions designed to protect sensitive information within classified networks, with a focus on supporting the U.S. Intelligence Community (IC). Jacobs will look to Van Dyke for solutions that protect the increasing interconnectedness of capital investments. This acquisition highlights the importance of security within the new Internet of Things (IoT) world. Van Dyke’s solutions will enhance the capability to connect industrial control systems and enable advanced data analytics with leading-edge solutions to comprehensively protect critical infrastructure for a connected and secure enterprise.
Jed Van Dyke, CEO of Van Dyke, commented on the transaction process, “We were looking for an advisor and partner with a rare combination of technical depth and market breadth to help us articulate our unique value in a way that resonated with a rapidly evolving market. The Clearsight team brought a level of knowledge, experience, and passion that set them apart from the other firms. In selecting Clearsight, we got a partner who not only understood and managed the fundamentals, but who challenged our own thinking with creative options. Clearsight is definitely a partner you want working on your behalf!”
“Clearsight was honored to work with the Van Dyke team. The Company is one of the most important and highly trusted cybersecurity partners to the U.S. intelligence community and boasts some of the brightest minds in the cybersecurity sector. The highest priority was given to finding a special buyer with the right fit for the Van Dyke employees and customers and we are proud to have been a part of this transformational transaction,” said Gretchen Frary Seay, Co-Founder and Managing Director of Clearsight Advisors.