Wyle to Acquire RS Information Systems

From PEsource

Financial Sponsor
Wyle to Acquire RS Information Systems
By Greenwich, CT
Jan 18, 2008, 18:04

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.

RSIS serves a range of defense, civilian and science and engineering customers, including the U.S. Air Force, NOAA, NASA, FAA and DARPA.

INFO SOURCES

Littlejohn & Co., LLC

FIRMS

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.

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.

RS Information Systems is focused on information technology and systems integration services. With more than 100 prime contracts with defense, federal civilian and law enforcement agencies, it has more than 1,400 employees at 10 offices and more than 50 customer sites. [1651 Old Meadow Road, McLean, VA 22102]

PEOPLE

George Melton, Wyle chairman, CEO and president

Edmund Feeley, Managing Director of Littlejohn & Co.

INTEGRATION

RSIS will operate as a fourth business unit called Wyle Information Systems. [Wyle has three existing business units of Aerospace, Life Sciences and Test Engineering & Research]

GUIDANCE

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.