Four Inc. | June 01, 2022
Synopsys, Inc. has named Four Inc. as a federal aggregator. As part of Four Inc.'s boutique aggregation program, Four Inc. will deliver Synopsys Software Integrity Group application security solutions to the federal government through its government contract vehicles and network of channel partners. The program includes multi-year financial solutions and as-a-service products to support and develop Synopsys' government business.
Our agreement with Four Inc. is a milestone that will help expand the Synopsys portfolio's reach within the Federal IT ecosystem via a trusted federal aggregator. Broadening our business through the channel is one of our top strategic priorities. This agreement signals the continued momentum and growth we expect by further extending our world-class application security solutions through the channel in the Federal space moving forward."
Tom Herrmann, vice president of global channels and alliances within the Synopsys Software Integrity Group
Synopsys has been named a six-time Gartner® Magic QuadrantTM Leader for Application Security Testing, a three-time Forrester WaveTM Leader for Software Composition Analysis, and a two-time Forrester WaveTM Leader for Static Application Security Testing.
The Synopsys Software Integrity Group assists development teams in producing safe, high-quality software while minimizing risks and increasing productivity. Synopsys is a well-known leader in application security. Its static analysis, software composition analysis, and dynamic analysis tools help teams quickly find and fix vulnerabilities and problems in proprietary code, open source components, and application behavior.
Jeff Nolan, Four Inc.’s COO, avers that their government customers are more vulnerable to sophisticated cyber assaults that target vulnerabilities in source code development and network-based applications. They say Synopsys is a great fit for their boutique aggregation platform of services, and they are delighted to work with them. They are also happy to be able to offer their channel partners and government clients Synopsys application security testing solutions that are made to stop these threats.
Tyler Technologies | June 16, 2022
Tyler Technologies, Inc. announced that it has signed two agreements in Fairfield County, Ohio. The first is with the Fairfield County Probate and Juvenile Court for Tyler’s Enterprise Justice suite, powered by Odyssey®, and the second is with the Fairfield County Sheriff’s Office for Tyler’s Enterprise Public Safety suite, powered by New World™.
The Probate and Juvenile Court is currently operating a legacy case management system that is based on older technology and no longer serves the needs of the courts. The courts selected Tyler’s Enterprise Justice and Enterprise Supervision solutions to improve case management, streamline court processes, and manage all supervision processes and pretrial services more efficiently. These SaaS solutions will run on Amazon Web Services (AWS), the world’s most comprehensive and broadly adopted cloud offerings. This offering will bring added benefits to the courts that include increased availability and uptime of the products and enhanced security and compliance. This environment will also eliminate the need for the courts to build and maintain local servers.
“We are excited to modernize our court operations with Tyler as we’ve outgrown our current case management solution,” said Fairfield County Probate and Juvenile Court Judge Terre Vandervoort. “Deploying the solutions in the cloud gives us the added benefits of less strain on our internal IT resources and knowing we’re always receiving the latest software updates.”
The Fairfield County Sheriff’s Office has selected a number of solutions from Tyler’s Enterprise Public Safety suite, including Enterprise Computer Aided Dispatch (CAD), Enterprise Law Enforcement Records, Enterprise Police and Fire Mobility, and Enterprise Corrections. These fully integrated solutions will enable fast, easy access to critical information and improved workflow to make the agency work more efficiently. Not only do the solutions provide accurate and secure information for dispatchers, first responders in the field, and command staff, but the solutions will also ensure the sheriff’s office is compliant with state and federal mandates.
“The addition of these public safety solutions from Tyler will improve efficiency for all of our major activities, from dispatch to records and corrections management,” said Fairfield County Sheriff Alex Lape. “Our number one priority is keeping our community safe, and by having these comprehensive and accurate solutions assisting our first responders and dispatchers, we’ll be able to serve our community even better.”
We’re pleased to bring our premier justice and public safety solution suites to Fairfield County. The courts and sheriff’s office are already doing impressive work serving their constituents, and we are excited to help them increase efficiency, improve processes, and help their staff focus on the most crucial tasks.”
Rusty Smith, president of Tyler’s Justice Group
Fairfield County is located in central Ohio and is part of the Columbus metropolitan area. It has a population of roughly 162,000. The county is the sixth Ohio court jurisdiction to select Tyler’s Enterprise Justice solution and the 11th Ohio county to select Tyler’s Enterprise Public Safety solution.
About Tyler Technologies, Inc.
Tyler Technologies provides integrated software and technology services to the public sector. Tyler's end-to-end solutions empower local, state, and federal government entities to operate more efficiently and connect more transparently with their constituents and with each other. By connecting data and processes across disparate systems, Tyler's solutions are transforming how clients gain actionable insights that solve problems in their communities. Tyler has more than 37,000 successful installations across more than 12,000 locations, with clients in all 50 states, Canada, the Caribbean, Australia, and other international locations. Tyler has been recognized numerous times for growth and innovation, including Government Technology's GovTech 100 list and Forbes' "Most Innovative Growth Companies" list.
Avantus Federal | August 08, 2022
QinetiQ US, a wholly owned subsidiary of QinetiQ Group plc and a leading defense company providing mission-critical solutions in robotics and autonomous systems, sensing, protection systems, and next-generation autonomous vehicles announced today that it has entered into a definitive agreement to acquire Avantus Federal (Avantus) from NewSpring Holdings for an enterprise value of $590 million. The combination of QinetiQ US and Avantus will create a powerful growth platform to address the complex and large scale intelligence and defense challenges government customers face today. The closing of the acquisition is subject to customary conditions, including regulatory approvals, and is expected to close by end of calendar year 2022.
Avantus is a leading provider of mission-focused cyber, data analytics, and software development solutions to the Department of Defense, Intelligence Community, Department of Homeland Security, and other law enforcement and civilian agencies. From supporting sensitive national security customers on some of the most complex data engineering, cyber, and analytics problems in the world, to providing key mission operational, intelligence, and cyber support to special operators, and helping accelerate new technologies into the warfighter’s hands, Avantus has a strong track record of achieving speed-to-mission-impact.
“We have been thoroughly impressed by the quality of the Avantus employee base, leadership team, customer impact, and the sustained organic growth. We see great alignment in our culture and strategy, Avantus’ highly integrated business, core capabilities, and customer relationships complement QinetiQ’s distinctive offerings, allowing us to grow the services and solutions that benefit our combined global customers as their needs evolve at an accelerating pace.”
-Steve Wadey, Group Chief Executive Officer for QinetiQ Group plc.
Both Avantus and QinetiQ are best-in-class providers of technology services and support, cyber and intelligence solutions, and information services. With high-trust, established customer relationships within the most important and enduring mission areas, this acquisition enhances the go-to-market strategy for both companies.
“We believe that the combination of QinetiQ US and Avantus will create a unique business in the US and globally with a powerful performance culture and scaled technical differentiation, This acquisition is a transformational platform that delivers on our growth strategy of building a disruptive mid-tier defense and intelligence company.”
-Shawn N. Purvis, President and Chief Executive Officer of QinetiQ US.
Our market is evolving rapidly and demanding more of our customers every day, and joining forces with QinetiQ US will deliver solutions at scale to meet the moment, said Andy Maner, Chairman and Chief Executive Officer of Avantus. With a shared culture of absolute customer focus and employee investment and a structure built for agility and speed, this opportunity to combine with QinetiQ US strengthens our defense presence and combined position across our intelligence and homeland, law enforcement, and civilian portfolio, and we are poised to continue our joint mission as an innovator unique to our market.
The combination with Avantus will materially enhance QinetiQ US’s position in the largest defence and intelligence market in the world by creating a large full solutions US Defense contractor business well-positioned within high growth and durable market areas. Avantus brings a strong order backlog, and the acquisition creates a compelling platform for new scaling organic and inorganic growth for QinetiQ in the US.
Guggenheim Securities, LLC served as exclusive financial adviser to Avantus and NewSpring Holdings, and Baker Tilly provided financial due diligence expertise. Blank Rome LLP and Kirkland & Ellis LLP served as counsel to Avantus. Citizens and Gleacher Shacklock served as joint lead financial advisers and Baker McKenzie served as counsel to QinetiQ.
About QinetiQ US:
QinetiQ US is a leading defense and security company in the United States providing mission-led innovation at pace. QinetiQ US is a provider of technologically advanced services and products to the US Department of Defense and national security agencies, positioned to deliver key aspects of the modernization required to address our customers’ pivot to counter near peer adversaries. QinetiQ’s engineering services span the DoD and Intel community providing subject matter expertise in the areas of communications, sensor integration and research and development, survivability and unmanned ground combat systems.
QinetiQ US operates as the U.S. arm of QinetiQ Group plc (QQ.LSE), a global integrated defense and security company focused on innovation for defense, security and civil customers around the world. QinetiQ US employees are based predominantly in Virginia and Massachusetts and operate under a Special Security Agreement (SSA) with the U.S. Defense Counterintelligence & Security Agency (DCSA). QinetiQ US is creating new ways of protecting what matters most; testing technologies, systems, and processes to make sure they work as expected; and enabling customers to deploy new and enhanced-existing capabilities with the assurance they will deliver the outcomes required.
About Avantus Federal:
Avantus Federal is a mission-focused data, cyber, and space services and solutions company. As a mid-market powerhouse with an intentional blend of elite talent, infrastructure, and speed to impact, Avantus and its approximately 1,150 highly-cleared professionals lead with technical and domain expertise for its Defense, Intelligence, Homeland Security, and Federal Civilian customers.
Helping to solve some of the toughest national security problems and government missions, Avantus’ offerings enable services at scale, including cyber technologies and operations, data and software solutions, digital engineering and integration, intelligence analysis and operations, space domain capabilities, transformation and advisory services, and more.
About NewSpring Holdings:
NewSpring Holdings, NewSpring's dedicated holding company with a strategy focused on control buyouts and platform builds, brings a wealth of knowledge, experience, and resources to take profitable, growing companies to the next level through acquisitions and proven organic methodologies. Founded in 1999, NewSpring partners with the innovators, makers, and operators of high-performing companies in dynamic industries to catalyze new growth and seize compelling opportunities. The Firm manages over $2.5 billion across five distinct strategies covering the spectrum from growth equity and control buyouts to mezzanine debt. Partnering with management teams to help develop their businesses into market leaders, NewSpring identifies opportunities and builds relationships using its network of industry leaders and influencers across a wide array of operational areas and industries.