1901 Group, LLC

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1901 Group, LLC - overview

Established

2009

Location

Reston, VA-Virginia, US

Primary Industry

IT Infrastructure

About

1901 Group, LLC delivers IT services with a strong focus on cloud computing, cybersecurity, and managed services. The company enhances operational efficiency and data security for clients across various sectors. Founded in 2009 and headquartered in Reston, US, 1901 Group specializes in IT services. The company was acquired by Leidos, Inc.


on December 10, 2020, for USD 215 mn in a Trade Sale, following its ownership by Enlightenment Capital. The company has executed 2 significant deals to date. The 1901 Group specializes in providing IT services and solutions, primarily focused on cloud computing, cybersecurity, and managed services. Their core offerings are designed to enhance operational efficiency and ensure data security for clients in various sectors.


The company's services are tailored to meet the unique needs of government agencies, healthcare organizations, and commercial enterprises, helping them overcome challenges related to scalability, cybersecurity threats, and regulatory compliance. The solutions are deployed across multiple geographical markets, including the United States and select international locations in North America and Europe. By leveraging advanced technologies, 1901 Group aims to deliver innovative services that empower its customers to optimize their IT infrastructure and improve overall business performance. The revenue model of 1901 Group is structured around service subscriptions and managed service agreements that foster long-term partnerships with clients.


The company engages predominantly in B2B transactions, providing tailored IT solutions that meet the specific requirements of its diverse clientele. Transactions generally involve comprehensive agreements that encapsulate ongoing support and maintenance services, with clients committing to multi-year contracts that ensure stability and predictability in service delivery. Flagship offerings include managed cloud services and cybersecurity solutions, which are priced based on the complexity and scale of the services rendered. This structured pricing framework enables clients to effectively budget for IT expenditures while receiving high-quality, reliable support tailored to their operational needs.


Following the acquisition by Leidos, Inc. , which is expected to close in the first quarter of 2021, 1901 Group plans to leverage the capital from the USD 215 mn deal to expand its product offerings and geographic reach. The company aims to develop new services in cloud computing and cybersecurity while targeting emerging markets in North America and Europe. This strategy is designed to capitalize on growing demand in the IT services sector and to enhance its operational footprint.


Primary Industry

IT Infrastructure

Sub Industries

Offshore IT Services/IT Outsourcing, IT Infrastructure, IT Security/Cybersecurity, Analytics & Performance Software, Monitoring & Security Software, Systems Management Software

Website

www.1901group.com

Verticals

Artificial Intelligence, Cloud Computing

Company Stage

Acquired

Total Amount Raised

Subscriber access only

1901 Group, LLC - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Trade SaleCompleted1901 Group, LLC-
GrowthCompleted1901 Group, LLC-

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1901 Group, LLC - employee data

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