Congratulations to Base2 and BlueHalo on the recent acquisition. CAVU Advisors is proud to have supported Base2 over the years and with supporting the acquisition process.
BlueHalo, an Arlington Capital Partners Portfolio Company, Announces the Acquisitions of Base2 Engineering and Fortego in Cyber and SIGINT Portfolio Expansion
BlueHalo, a portfolio company of Arlington Capital Partners, announced its acquisition of Base2 Engineering (Base2) on December 21, 2020. Maryland-based Base2 is a provider of complex, mission-critical, and SIGINT solutions that serve the most demanding missions in national security. Base2 specializes in the design and development of cutting-edge cyber solutions across the domains of Computer Network Operations (“CNO”), Signals Intelligence (“SIGINT”), and Quick Reaction Capability (“QRC”).
CAVU Advisors has provided accounting outsourcing, financial consulting, and PMO financial outsourcing to Base2 since its inception.
Susan Beall, CEO of CAVU Advisors, stated: “We are excited for Base2 and its future growth with BlueHalo and the synergies that can be realized in fulfilling their important mission work. It has been rewarding to be part of helping Base2 grow and add value over the last 10+ years. Helping companies navigate growth is our passion.”
“The CAVU team had our financial history and forecast ready to iterate real-time as we prepared for the sale process. Their efforts helped make the diligence effort go very smoothly. Our level of preparedness was the culmination of CAVU supporting our financial operations and planning over our company’s lifetime. CAVU supported our systems implementations, cost proposals, financing, DCAA audits, PMO financial, and everything else financial. Our data was clean, and our back up support was ready to go. The accounting and PMO team at CAVU did an outstanding job for Base2 and helped us successfully cross the finish line.”
– Mike Curry, CEO, and co-founder of Base2
“CAVU provided the timely, accurate information required to advance the acquisition process” said Robert Richards, CFO of the acquirer BlueHalo. “I was impressed with their capabilities across the range of historical financials, ERP system management, through financial planning and analysis. They were able to provide us with the information we needed when we needed it.”
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About CAVU Advisors
CAVU Advisors is a financial consulting and accounting outsourcing firm for government contractors. CAVU is fully staffed with experienced government contracting accounting specialists and controller to CFO level financial advisors. CAVU provides quality, timely accounting while remaining government compliant and monitoring your key business metrics. CAVU was founded by Govcon business owners in 2006 and has served more than 100 companies.
About Base2 Engineering
Base2 is a provider of mission-oriented services and solutions serving the Intelligence Community, DoD, and other Government customers. Our solutions traverse cyberspace, fly in unmanned and manned aircraft, sail the seas, and orbit the earth.
About BlueHalo
BlueHalo is purpose-built to provide industry-leading capabilities in the domains of Space Superiority and Directed Energy, Missile Defense and C4ISR, and Cyber and Intelligence. BlueHalo focuses on inspired engineering to develop, transition, and field next-generation capabilities to solve the most complex challenges of our customers’ critical missions and reestablish our national security posture in the near-peer contested arena.
About Arlington Capital Partners
Arlington Capital Partners is a Washington, DC-based private equity firm that is currently investing out of Arlington Capital Partners V, L.P., a $1.7 billion fund. The firm has managed approximately $4.0 billion of committed capital via five investment funds. Arlington is focused on middle-market investment opportunities in growth industries including government services and technology, aerospace & defense, healthcare, and business services and software. The firm’s professionals and network have a unique combination of operating and private equity experience that enable Arlington to be a value-added investor. Arlington invests in companies in partnership with high-quality management teams that are motivated to establish and/or advance their Company’s position as leading competitors in their field.