Littlejohn & Co. Portfolio Company Wyle Announces Acquisition of RS Information Systems
* Reuters is not responsible for the content in this press release.
Littlejohn & Co. Portfolio Company Wyle Announces Acquisition of RS Information Systems GREENWICH, Conn., Jan. 18 /PRNewswire/ -- Littlejohn & Co., a private investment firm, today announced that its portfolio company Wyle has completed the acquisition of RS Information Systems (RSIS) of McLean, VA, a premier federal systems integrator providing advanced services in information technology, systems engineering, telecommunications, scientific support and management consulting. The acquisition of the privately held company increases Wyle's 2008 revenue projection to approximately $800 million and the number of employees to more than 4,200. RSIS serves a range of defense, civilian and science and engineering customers, including the U.S. Air Force, NOAA, NASA, FAA and DARPA. "This acquisition significantly increases Wyle's federal information technology presence and further strengthens our presence in Washington, D.C.," said George Melton, Wyle chairman, CEO and president. "RSIS is a tremendous complement to our three existing business units of Aerospace, Life Sciences and Test Engineering & Research." RSIS will operate as a fourth business unit called Wyle Information Systems. Edmund Feeley, Managing Director of Littlejohn & Co. and a member of the Wyle Board, said, "Wyle continues to grow both organically and through strategic acquisitions. The acquisition of RSIS represents another logical step in Wyle's development as a leading provider of value-added technical services to the federal government and leading prime contractors." Wyle is a leading provider of specialized engineering, professional, technical, and IT services to military and civilian government agencies on long-term contracts. The company's core competencies include systems engineering, program management, test & evaluation, telecommunications, information assurance, research and various engineering services. The privately held company is headquartered in El Segundo, CA and has over 40 facilities nationwide. For more information, visit Wyle online at www.wyle.com or contact email@example.com. About Littlejohn & Co. Founded in 1996, Littlejohn & Co., LLC is a Greenwich, Connecticut-based control-oriented private equity firm seeking investment opportunities in the middle market sector that are undergoing a fundamental change in capital structure, strategy, operations or growth that can benefit from its operational and strategic approach. Contact: Chris Tofalli Chris Tofalli Public Relations, LLC 914-834-4334 SOURCE Littlejohn & Co., LLC Chris Tofalli of Chris Tofalli Public Relations, LLC, +1-914-834-4334, for Littlejohn & Co., LLC
- Malaysia military tracked missing plane to west coast: source |
- Malaysia air probe finds scant evidence of attack: sources |
- Ukraine forms new defense force, seeks Western help |
- UPDATE 1-Missing Malaysian plane last seen at Strait of Malacca-source
- Freescale loss in Malaysia tragedy leads to travel policy questions