Generational Equity, a leading mergers and acquisitions advisor for privately-held, middlemarket businesses, is pleased to announce the acquisition of its client, CETECH, Inc., (CETECH), headquartered in Fairfax, Virginia, by Triumph Enterprises Inc., (Triumph), also headquartered in Fairfax, Virginia. The transaction closed on September 13, 2013.
CETECH provides a range of information technology support services to governmental agencies. The Company has a staff of experienced systems analysts, network security specialists and business operations personnel with the technical expertise to provide information security and communications system management, system transition, and operations engineering services.
The Company has been committed to customer satisfaction and problem solving for over 17 years, providing development, enhancement, and customization needs. CETECH was awarded a contract for Support of the Information Security Program Information Security Awareness Office, Office of the Chief Information Officer, and National Institutes of Health Supporting NIH. Managing Directors, Doug Smith, Jim Russell, and Vice President, Michael Goss, led the Generational Equity deal team that advised CETECH, Inc., on the transaction. Jim Russell, stated, "This transaction was the ideal situation in which a highly-strategic buyer was seeking an increased presence in key federal agencies and access to CETECH's specialized IT security services personnel and capabilities." Founded in 2005, Triumph offers the federal Civilian and Defense markets personalized knowledge-based professional services. Triumph offers world-class solutions to its clients and provides a culture of empowering a positive difference. Client focus, integrity, and imagination make up the leading core values of the Company.
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