Two Six Technologies has purchased Trusted Concepts for an undisclosed sum as part of efforts to expand its talent base, software offerings and capabilities and broaden relationships with intelligence community clients.
Herndon, Virginia-based Trusted Concepts operates with over 130 employees and has been providing software engineering, analytics, cyber, secure communications and encryption platforms and services to intelligence, defense and other national security customers since 2006, Two Six said Tuesday.
Trusted Concepts’ propriety security platform, TrustedKeep, offers object-level encryption to U.S. government clients.
“With our combined technical and operational capabilities, Two Six now has the means to more rapidly address the mission needs of a broad set of intelligence customers,” said Joe Logue, CEO of Two Six Technologies.
Two Six Technologies officially launched in February through the combination of Two Six Labs and IST Research acquired by global investment firm The Carlyle Group (Nasdaq: CG). The company is headquartered in Arlington, Virginia, and is focused on delivering products and services in the areas of cyber and space operations, intelligence and decision support, information operations, nextgen communications, microelectronics and data science to IC, defense and other national security clients.
Baird served as exclusive financial adviser to Trusted Concepts, while Miles & Stockbridge acted as legal adviser to the company.
Latham & Watkins advised Carlyle and Two Six Technologies on the deal’s legal aspect.
“There are significant commonalities between the two companies as both leverage technology to enable their customers’ missions. The cultural alignment and highly complementary skill sets are so compelling between the two companies,” said Jean Stack, managing director of Baird and a previous Wash100 Award winner.