WASHINGTON--(BUSINESS WIRE)--Jul 31, 2018--Integrity Applications Incorporated (“IAI”), a portfolio company of Arlington Capital Partners (“Arlington Capital”), today announced the acquisition of Dependable Global Solutions (“DGS”), a leading provider of cybersecurity and counterintelligence solutions to intelligence and defense customers in the federal government. DGS was founded in 2004 by Dai Do; the management team includes Joel Griffin, Chief Strategy Officer, and Travis Hyde, Chief Operating Officer. As part of the transaction Joel and Travis will join the leadership team at IAI as Vice Presidents.

“We are tremendously excited to welcome DGS to the IAI family,” said Dave Dzaran, President and CEO of IAI. “After our partnership with Arlington Capital earlier this year, DGS is the first of many investments, both organic and inorganic, aimed at not only bringing our collective capabilities to a broader set of defense and intelligence customers, but also facilitating our employees’ career growth by exposing them to adjacent mission areas to which their expertise from elsewhere in the Intelligence Community can be applied. With the acquisition of DGS, we will have over 1,100 employees with technical expertise in space, missile defense, cybersecurity and intelligence.”

Dai Do, CEO and founder of DGS, said “Both DGS and IAI have had immense success because of their common philosophy of putting customers first. As our growth trajectory and momentum accelerated this year, identifying the right partner to invest behind our expanding capabilities was the right strategic decision for our company. I don’t think we could have found a better home for our company and our employees than with IAI, and I’m very excited about the tremendous opportunities we have in front of us.”

David Wodlinger, a Partner at Arlington Capital, said “Dai, Joel and Travis’s dedication to both the success of their customers' mission as well as employee care made it clear that DGS would fit in well with IAI’s culture, and DGS’s capabilities in the domains of cybersecurity, insider threat, and counterintelligence are highly differentiated, and we expect to see strong growth in the demand for these services and solutions across IAI’s broader national security focused customer base.”

Ben Ramundo of Arlington Capital said, “DGS is well positioned to identify and resolve our nation’s most critical vulnerabilities, ranging from the attempts to compromise our critical infrastructure to the theft of intellectual property from top government research facilities. The importance of these missions, and the unique capabilities DGS utilizes to address them, reinforces IAI’s strategy of solving the most complicated problems facing our national security community.”

About Arlington Capital Partners

Arlington Capital Partners is a Washington, D.C.-area private equity firm that has managed $2.2 billion of committed capital via four investment funds. Arlington is focused on middle market investment opportunities in growth industries, including: government services and technology, aerospace/defense, healthcare, and business services and software. The firm's professionals and network have a unique combination of operating and private equity experience that enable Arlington to be a value-added investor. Arlington invests in companies in partnership with high quality management teams that are motivated to establish and/or advance their company's position as leading competitors in their field. www.arlingtoncap.com

About Integrity Applications Incorporated

Integrity Applications Incorporated (“IAI”) is a technology-driven, science, engineering, intelligence, and software solutions company with a nationwide presence primarily supporting the national security community. IAI has specific technical and domain expertise in intelligence, surveillance and reconnaissance systems including radar, electro-optical /infrared and MASINT payloads, ground systems, imagery-based geo-positioning and targeting, photogrammetric analysis, Service Oriented Architectures, unmanned systems, cybersecurity, and missile defense. IAI’s headquarters is in Chantilly, Virginia, with additional offices in California, Hawaii, Ohio, Michigan, Pennsylvania, Massachusetts, Maryland, and New Mexico. https://www.integrity-apps.com/

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CONTACT: Arlington Capital Partners

David Wodlinger & Ben Ramundo

5425 Wisconsin Avenue, Suite 200

Chevy Chase, MD 20815

202-337-7500

KEYWORD: UNITED STATES NORTH AMERICA DISTRICT OF COLUMBIA

INDUSTRY KEYWORD: TECHNOLOGY SECURITY PROFESSIONAL SERVICES FINANCE DEFENSE OTHER DEFENSE

SOURCE: Arlington Capital Partners

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PUB: 07/31/2018 12:00 PM/DISC: 07/31/2018 12:01 PM

http://www.businesswire.com/news/home/20180731005759/en