Brightstar Capital Partners, today announced that its portfolio company, ERC, LLC, and Oasis Systems, LLC (“Oasis”), have joined forces to scale and expand their agile software development, systems engineering and cybersecurity capabilities for mission critical defense and federal agencies.
The signing of the transaction’s definitive agreement was previously announced on April 13. By combining expertise in aviation, space, defense and cybersecurity with leading-edge innovations, the companies will bring together complementary capabilities and cultures to serve customers in more than 36 states across the U.S.
Tom Colatosti, Executive Chair of Oasis, will serve as Board Chair and CEO of the go forward company and Tim Nickerson, CEO of Oasis, will serve as Chief Operating Officer. The company will continue to operate out of headquarters’ locations in both Huntsville, Alabama, and Burlington, Massachusetts.
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“We are thrilled to hit the ground running and help our customers solve their greatest challenges by utilizing our expanded capabilities and resources,” said Colatosti. “Our motto has been ‘Serving Those Who Serve Us‘ and combining the cultures and mission focus of our two companies will enhance our ability to deliver advanced, full lifecycle solutions.”
“We will unite the strong performance records of ERC and Oasis and their history of delivering cutting-edge engineering, technology, and specialized services to support our customers’ missions,” said Nickerson. “We believe that our customers across national security and scientific industries will benefit from our expanded capabilities and achieve greater mission success.”
“The industry is evolving quickly, and we believe that this combination accelerates the company’s growth trajectory while continuing to deliver comprehensive solutions for new and existing customers,” said Michael Singer, Partner at Brightstar Capital Partners. “We are confident that Tom and the experienced leadership team will lead the combined company into a successful new era.”
“Our two companies are joining forces around one mission – customer success,” said Stacy Riley, Interim CEO of ERC. “With more than 5,000- employees and subcontractors across the country, we will be able to continue providing mission critical solutions for our customers and maintain our steadfast commitment to our nation and its future.”
ERC and Oasis share many important characteristics including an entrepreneurial engineering approach, core values, and a commitment to our nation and its future. Their common cultures are built on respect, empowerment, and collaboration.
Combined, ERC and Oasis will offer differentiated capabilities that deliver advanced, full lifecycle solutions in the areas of:
- Agile Software Development
- Cybersecurity
- Emerging Technologies
- Information Technology
- Mission Support
- Modeling & Simulation
- Research & Development
- Systems Engineering
- Test & Evaluation
ERC was advised by legal counsel Kirkland & Ellis and financial advisor Houlihan Lokey. Rothschild & Co served as the exclusive financial advisor to Oasis, and Sullivan & Cromwell served as legal counsel.
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