|By Business Wire||
|December 3, 2012 07:30 AM EST||
Galeos Group, LP (“Galeos” or “the Company”) announced today that one of the nation’s largest private equity firms, Welsh, Carson, Anderson & Stowe (“WCAS” or “the Firm”), has committed $300 million of equity capital to the Company. Galeos will be a new entrant into the federal government services and solutions space.
Galeos will be led by industry veterans Philip O. Nolan, James Brabston, Joseph M. Cormier and Randy Brooks. Mr. Nolan was formerly Chairman, Chief Executive Officer, and President of Stanley, Inc., a publicly-traded company that served the federal technology services market with particular focus on the Department of Defense and National Security space. Mr. Nolan joined Stanley in 1989 and led the company through a long and sustained growth cycle, which led to a successful IPO in October 2006 and eventual sale to CGI Group in August 2010 for over $1 billion. At the time of its sale, Stanley had nearly $1 billion in revenue, approximately 5,000 employees worldwide and was recognized several times by Fortune magazine as a “Top 100 Places to Work”.
Mr. Brabston was most recently a Senior Vice President and General Manager of CGI Federal’s $1 billion revenue Defense and Intelligence Business Unit and was Chief Operating Officer of Stanley, Inc. prior to its sale to CGI. Prior to becoming Stanley’s COO, Mr. Brabston was responsible for Stanley’s Mission Systems Group, which grew from $100 million to over $350 million in revenue in the areas of systems engineering, cyber-security and intelligence programs under his leadership. He has more than 20 years of direct experience with the U.S. Department of Defense and Federal Government customers.
Mr. Cormier was most recently Executive Vice President and Chief Financial Officer of Sotera Defense Solutions, Inc. (formerly Global Defense Technology & Systems, Inc.), a publicly-traded company that served the Department of Defense and National Security community exclusively delivering technology services, systems and solutions. Mr. Cormier was instrumental in executing Sotera’s strategic growth plan through its successful take private leveraged buyout in April 2011 for approximately $315 million and continuing to build the rebranded Sotera through organic growth and M&A transactions. Prior to Sotera, Mr. Cormier was a senior executive at ManTech International Corporation from 2005 to 2010 and served as Senior Vice President, Corporate Development through a rapid period of growth from $800 million in revenue to over $2 billion in revenue through organic growth and focused strategic acquisitions.
Mr. Brooks was most recently a Group Senior Vice President, for CGI Federal, formerly Stanley, Inc., leading its Army and Defense Intelligence business unit, which generated approximately $400 million of revenue. Prior to Stanley, Mr. Brooks was Vice President, Business and Strategic Development for Oberon Associates. In 2008, the Oberon acquisition by Stanley Inc. was named “Deal of the Year Over $100MM” by the Association for Corporate Growth National Capital. Mr. Brooks is a retired, highly decorated Army Intelligence Officer.
“We are delighted to partner with Phil, Jim, Joe and Randy in the federal government services market,” said Mike Donovan, a WCAS General Partner and Galeos Board member. “Their complimentary backgrounds and talents will position Galeos as one of the preeminent service providers in the industry.”
“We are excited about the opportunity to partner with a firm of Welsh Carson’s national reputation for helping entrepreneurs build successful enterprises,” said Phil Nolan, Chairman & CEO. “Their large commitment to this endeavor will enable us to quickly assemble a company of scale capable of competing with anyone in the federal government contracting space.”
About Galeos Group, LP
Galeos Group is a newly formed company that will provide a comprehensive range of services and solutions to federal government clients. The Company will assemble a large array of contract vehicles and domain expertise to quickly respond to our customers’ mission critical needs. Galeos Group will serve the entire spectrum of our customers’ life cycle needs by focusing on speed of delivery and providing exceptional value. For more information about Galeos Group, please visit www.galeosgroup.com.
About Welsh, Carson, Anderson & Stowe
Welsh, Carson, Anderson & Stowe focuses its investment activity in two target industries, information/business services and healthcare. Since its founding in 1979, the Firm has organized 15 limited partnerships with total capital of $20 billion. The Firm is currently investing an equity fund, Welsh, Carson, Anderson & Stowe XI, L.P. See www.welshcarson.com to learn more.
In his session at DevOps Summit, Tapabrata Pal, Director of Enterprise Architecture at Capital One, will tell a story about how Capital One has embraced Agile and DevOps Security practices across the Enterprise – driven by Enterprise Architecture; bringing in Development, Operations and Information Security organizations together. Capital Ones DevOpsSec practice is based upon three "pillars" – Shift-Left, Automate Everything, Dashboard Everything. Within about three years, from 100% waterfall, C...
Mar. 27, 2017 06:45 PM EDT Reads: 12,903
Adding public cloud resources to an existing application can be a daunting process. The tools that you currently use to manage the software and hardware outside the cloud aren’t always the best tools to efficiently grow into the cloud. All of the major configuration management tools have cloud orchestration plugins that can be leveraged, but there are also cloud-native tools that can dramatically improve the efficiency of managing your application lifecycle.
Mar. 27, 2017 06:00 PM EDT Reads: 2,994
SYS-CON Events announced today that Juniper Networks (NYSE: JNPR), an industry leader in automated, scalable and secure networks, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Juniper Networks challenges the status quo with products, solutions and services that transform the economics of networking. The company co-innovates with customers and partners to deliver automated, scalable and secure network...
Mar. 27, 2017 03:45 PM EDT Reads: 1,393
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm. In his Day 3 Keynote at 20th Cloud Expo, Chris Brown, a Solutions Marketing Manager at Nutanix, will explore t...
Mar. 27, 2017 03:30 PM EDT Reads: 2,952
SYS-CON Events announced today that SoftLayer, an IBM Company, has been named “Gold Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. SoftLayer, an IBM Company, provides cloud infrastructure as a service from a growing number of data centers and network points of presence around the world. SoftLayer’s customers range from Web startups to global enterprises.
Mar. 27, 2017 02:45 PM EDT Reads: 1,946
Some people worry that OpenStack is more flash then substance; however, for many customers this could not be farther from the truth. No other technology equalizes the playing field between vendors while giving your internal teams better access than ever to infrastructure when they need it. In his session at 20th Cloud Expo, Chris Brown, a Solutions Marketing Manager at Nutanix, will talk through some real-world OpenStack deployments and look into the ways this can benefit customers of all sizes....
Mar. 27, 2017 02:30 PM EDT Reads: 4,319
Deep learning has been very successful in social sciences and specially areas where there is a lot of data. Trading is another field that can be viewed as social science with a lot of data. With the advent of Deep Learning and Big Data technologies for efficient computation, we are finally able to use the same methods in investment management as we would in face recognition or in making chat-bots. In his session at 20th Cloud Expo, Gaurav Chakravorty, co-founder and Head of Strategy Development ...
Mar. 27, 2017 02:30 PM EDT Reads: 3,668
SYS-CON Events announced today that Linux Academy, the foremost online Linux and cloud training platform and community, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Linux Academy was founded on the belief that providing high-quality, in-depth training should be available at an affordable price. Industry leaders in quality training, provided services, and student certification passes, its goal is to c...
Mar. 27, 2017 02:30 PM EDT Reads: 4,021
SYS-CON Events announced today that CA Technologies has been named “Platinum Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. CA Technologies helps customers succeed in a future where every business – from apparel to energy – is being rewritten by software. From ...
Mar. 27, 2017 02:00 PM EDT Reads: 2,051
Interoute has announced the integration of its Global Cloud Infrastructure platform with Rancher Labs’ container management platform, Rancher. This approach enables enterprises to accelerate their digital transformation and infrastructure investments. Matthew Finnie, Interoute CTO commented “Enterprises developing and building apps in the cloud and those on a path to Digital Transformation need Digital ICT Infrastructure that allows them to build, test and deploy faster than ever before. The int...
Mar. 27, 2017 01:30 PM EDT Reads: 1,203
In his session at @ThingsExpo, Eric Lachapelle, CEO of the Professional Evaluation and Certification Board (PECB), will provide an overview of various initiatives to certifiy the security of connected devices and future trends in ensuring public trust of IoT. Eric Lachapelle is the Chief Executive Officer of the Professional Evaluation and Certification Board (PECB), an international certification body. His role is to help companies and individuals to achieve professional, accredited and worldw...
Mar. 27, 2017 01:15 PM EDT Reads: 738
What if you could build a web application that could support true web-scale traffic without having to ever provision or manage a single server? Sounds magical, and it is! In his session at 20th Cloud Expo, Chris Munns, Senior Developer Advocate for Serverless Applications at Amazon Web Services, will show how to build a serverless website that scales automatically using services like AWS Lambda, Amazon API Gateway, and Amazon S3. We will review several frameworks that can help you build serverle...
Mar. 27, 2017 01:00 PM EDT Reads: 2,070
SYS-CON Events announced today that Loom Systems will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Founded in 2015, Loom Systems delivers an advanced AI solution to predict and prevent problems in the digital business. Loom stands alone in the industry as an AI analysis platform requiring no prior math knowledge from operators, leveraging the existing staff to succeed in the digital era. With offices in S...
Mar. 27, 2017 01:00 PM EDT Reads: 1,468
SYS-CON Events announced today that Interoute, owner-operator of one of Europe's largest networks and a global cloud services platform, has been named “Bronze Sponsor” of SYS-CON's 20th Cloud Expo, which will take place on June 6-8, 2017 at the Javits Center in New York, New York. Interoute is the owner-operator of one of Europe's largest networks and a global cloud services platform which encompasses 12 data centers, 14 virtual data centers and 31 colocation centers, with connections to 195 add...
Mar. 27, 2017 12:45 PM EDT Reads: 1,377
The Software Defined Data Center (SDDC), which enables organizations to seamlessly run in a hybrid cloud model (public + private cloud), is here to stay. IDC estimates that the software-defined networking market will be valued at $3.7 billion by 2016. Security is a key component and benefit of the SDDC, and offers an opportunity to build security 'from the ground up' and weave it into the environment from day one. In his session at 16th Cloud Expo, Reuven Harrison, CTO and Co-Founder of Tufin, ...
Mar. 27, 2017 11:30 AM EDT Reads: 6,770