XL Associates, Inc.

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XL Associates, Inc. - overview

Established

1989

Location

Vienna, VA, US

Primary Industry

Business Support Services

About

XL Associates, Inc. is a management and advisory firm specializing in IT and cybersecurity solutions tailored for the Federal government, offering critical services that address various operational needs. Founded in 1989 by Lloyd Mustin, XL Associates, Inc. is headquartered in Vienna, US.


The company focuses on providing expert management and advisory services, primarily to federal agencies. They completed one major deal on November 21, 2011, when The Halifax Group, alongside company management, acquired XL Associates, Inc. XL Associates specializes in expert management and advisory services with a strong emphasis on IT and cybersecurity solutions for the Federal government. Their offerings include cybersecurity, data management and analytics, and technical solutions for mission-critical requirements like homeland security and disaster relief.


Their services cater to a broad clientele, including government agencies and international organizations, across North America, Europe, Africa, Asia, and the Middle East. XL Associates operates on a B2B revenue model, engaging in contractual agreements with federal agencies and international organizations. Their revenue is generated through a combination of fixed-price contracts and time-and-materials agreements, reflecting the complexity of each engagement. This structured approach to pricing supports ongoing partnerships and repeat business, contributing to a steady revenue stream.


While specific upcoming products or services have not been disclosed, XL Associates is likely to continue focusing on expanding its IT and cybersecurity offerings. The company aims to target new geographic regions for expansion beyond its established markets in North America and Europe, although specific timelines have not been provided. The funding received from the acquisition in November 2011 is expected to support these growth initiatives, though detailed allocation plans have not been outlined.


Current Investors

Halifax Group

Primary Industry

Business Support Services

Sub Industries

Government

Website

www.xla.com

Company Stage

Buyout

Total Amount Raised

Subscriber access only

XL Associates, Inc. - 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)
BuyoutCompletedXL Associates, Inc.-
Unspecified ExitCompletedXLA, Inc.-

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