Salient Federal Solutions, Inc.
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Salient Federal Solutions, Inc. - overview
Location
Fairfax, VA, US
Primary Industry
Software
About
Salient Federal Solutions, Inc. provides specialized IT services designed to enhance efficiency and operational effectiveness within government agencies, focusing on critical areas such as cybersecurity and IT modernization. Salient Federal Solutions, Inc. is a provider of tailored IT services for government agencies, focusing on cybersecurity and IT modernization.
The company was acquired by CRGT Inc. in August 2015, which was part of a strategic move to expand their product offerings. The firm is headquartered in Fairfax, US, and operates under the umbrella of CRGT Inc. , which has a portfolio managed by Bridge Growth Partners.
The company was initially founded to address the IT needs of federal entities and has since evolved its service delivery model. The founder’s prior ventures are not publicly documented. Salient Federal Solutions, Inc. specializes in delivering comprehensive IT services to government agencies, including cybersecurity services, IT modernization, and data management solutions.
Their offerings are designed to tackle critical challenges faced by federal agencies, ensuring data protection and operational efficacy while aligning with government regulations. The company primarily serves federal government clients, with a focus on innovative solutions that meet the unique demands of technology and operations in the public sector. Salient Federal Solutions, Inc. generates revenue through direct contracts with government agencies, primarily engaging in service-based agreements that encompass various IT functions.
Their revenue model includes multi-year contracts for services such as cybersecurity and IT modernization, typically featuring milestone-based payments. This structure fosters strong performance-based relationships with clients, ensuring long-term engagement and recurring revenue streams based on tailored service offerings. In line with its growth strategy, Salient Federal Solutions, Inc. plans to expand its product offerings and enhance service capabilities through the synergies realized from its acquisition by CRGT Inc.
The combined entity aims to design new cybersecurity and IT modernization solutions targeted for release post-2015. The recent acquisition is expected to leverage the strengths of both companies to penetrate new markets, focusing on enhancing operational capabilities within existing federal contracts. The acquisition aims to support long-term growth through an expanded portfolio and deeper engagement with government clients.
Current Investors
Salient CRGT, Inc., Bridge Growth Partners
Primary Industry
Software
Sub Industries
IT Security/Cybersecurity, Engineering Software, Analytics & Performance Software
Website
www.salientfed.com
Verticals
EdTech
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Salient Federal Solutions, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | Salient Federal Solutions, Inc. | - | ||||||||
| Add-on | Completed | LIST Innovative Solutions, Inc. | - | ||||||||
| Add-on, Public to Private | Completed | ATS Corporation | - | ||||||||
| Add-on | Completed | Command Information, Inc. | - | ||||||||
| Add-on | Completed | SGIS | - |
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