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Meadowgate Technologies Merges With Government Services Provider ESi

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Meadowgate Technologies and Engineering Solutions LLC (ESi) have merged to create a new hybrid technology solutions and professional services company. Financial terms of the deal were not disclosed.

This is technology M&A deal number 111 that ChannelE2E and MSSP Alert have covered so far in 2023. See more than 2,000 technology M&A deals for 2022, 2021, and 2020 listed here.

About the Companies

Meadowgate Technologies, founded in 2004, is based in Annapolis Junction, Maryland. The company has 23 employees listed on LinkedIn. Meadowgate’s areas of expertise include comprehensive systems integration capability, having developed top-tier relationships with many of the country’s leading systems and software companies supporting the federal mission.

Engineering Solutions, founded in 1998, is based in Hanover, Maryland. The company has 78 employees listed on LinkedIn. ESi’s areas of expertise include Information Technology (IT), Mission Assurance (MA), Engineering Services, and Software Engineering.

The Newly Combined Company

ESi and Meadowgate will continue to be customer-facing under their respective brand names, the company said. At the same time, the combined company leadership, drawn from the existing ESi and Meadowgate executive teams, will be working together to begin the formal integration process and determine the future brand for the new company, it announced.

While there was little said about the company’s brand moving forward, it was announced that Meadowgate CEO Tom Lash, who joined Meadowgate earlier this year, will lead. The newly formed company will benefit from both businesses’ backgrounds as it serves the national security community, making Lash a good fit given his experience as a former national security leader at AWS’ Federal Division.

ESi’s existing client base will be valuable to the new firm as well, given its position within the national security ecosystem. Building on ESi’s success as a prime contractor, the firm brings a significant pipeline of new business to the combined organization to drive future growth, the company said.

Overall, Meadowgate’s growth strategy has centered on aligning offerings and talent with the national security community’s growing demand for scalable systems architectures and capabilities that enable seamless movement of data and workloads within hybrid environments. Meadowgate’s Integration Lab will be the R&D hub for the combined company, where the teams come together to apply their collective mission and technical understanding to design and develop new hybrid solutions that improve mission outcomes.

Ray Gomes, founder and CEO of ESi, who has announced his intention to retire, will remain with the combined business as a strategic adviser. ESi’s executive team, including Chief Operations Officer Amy Steinberg, Vice President of Programs Eddie Harless and Executive Vice President of Corporate Services David Thompson, will join the leadership team of the combined company.

Meadowgate Merges With ESi: Executive Commentary

Tom Lash, CEO, Meadowgate
Tom Lash, CEO, Meadowgate

Tom Lash, CEO, Meadowgate, commented:

"This combination is a pivotal move in our hybrid technology strategy. ESi’s technical expertise, specialist professional services, and profound understanding of the mission objectives of their customers blend exceptionally well with the product knowledge and systems integration expertise of the Meadowgate team. We are particularly excited at the potential this creates for collaboration on new hybrid product and service innovations through our Integration Lab, working alongside our customers and partners in industry. We can’t wait to get started."

Ray Gomes, founder and CEO of ESi, said:

"I am delighted that the team at ESi will be a cornerstone of this exciting growth strategy. As I step aside as ESi CEO, it has been my priority to ensure that the company has the best possible opportunity to build on its success for the long term within an employee-focused culture. Coming together with Meadowgate to create a business at the nexus of technology and the mission opens new paths to growth and strengthens our value to customers, presenting more opportunities for the team to shine. I look forward to seeing the company thrive at the forefront of building the hybrid solutions of the future."

KippsDeSanto & Co. acted as the exclusive financial adviser to ESi on this combination.