Potomac Law served as counsel to Capstone Corporation in its acquisition by Client Solution Architects LLC (“CSA”). The transaction was announced July 1, 2021.
Capstone will be a wholly-owned subsidiary of CSA, which provides digital transformation services and solutions to U.S. Federal Government customers, particularly for Defense Department clients. CSA also received an investment from Blue Delta Capital Partners, a leading venture capital firm focused on the U.S. government services market, as part of the transaction. Financial terms of the transaction were not disclosed, although CSA noted that the combined company will have over $100 million in revenue.
Capstone, founded in 1984, is a leading government services and solutions provider,supporting customers across the country and in overseas locations. Headquartered in Alexandria, Virginia, Capstone’s capabilities span the full range of mission support services and cyber and information technology solutions.
With 120 lawyers in 20 states, DC-headquartered Potomac Law is one of the fastest growing corporate law firms in the country. The PLG deal team was led by Michelle DiCintio and included Laurent Campo, Gina Del Negro, Ruth Morrel, Roberta Anderson Sutton and James Warren.