RLJ Equity PartnersÂ has acquiredÂ Phase One Consulting Group, anÂ Alexandria, Virginia-based companyÂ that provides advisory services on information technologyÂ strategy, agile development and organizational transformation, among other business areas.
The private equity affiliate ofÂ The RLJ CompaniesÂ said Monday that Phase One has existing client relationships with severalÂ federal civilian agencies and works directly with agency chief information officers on IT projects.
Jerad Speigel, CEOÂ of Phase One, said he believesÂ the partnership could bolster capabilities toÂ drive the company’s growth.
Bluestone Capital Partners served as financial adviser to Phase One, whileÂ LBC Credit Partners provided senior debt financing andÂ Enlightenment Capital provided mezzanine debt financing.
The latter two companies alsoÂ supported the acquisition throughÂ equity co-investments, Â RLJ Equity Partners said.