Systems Planning and Analysis, Inc. (SPA), a leading provider of strategic advisory, systems engineering, modeling and simulation, advanced analytics, industrial policy, and program management solutions to government and defense customers in the United States and its Allies, has acquired Arena Technologies LLC (Arena). Founded in 2003, Arena is a specialized provider of systems engineering and trusted advisory services to the space and national intelligence community and related customers.
SPA President and CEO Dr. William Vantine said, "Arena aligns extremely well with our strategic inorganic priorities and provides access to new, dynamic customers for SPA's mission-proven, data-driven advisory tools and capabilities. The addition of Arena also strengthens our positioning in the fast-growing space domain, and we are excited to partner with Arena to share the SPA story and our cutting-edge capabilities with this critical customer set as a part of our broader corporate objective to build the premier trusted advisor for our customers. Consolidation has created a void in the technical advisory market, and this transaction marks the first of many investments we are making to fill it."
Arena cofounder and CEO John Pollard shared, "This transaction is an exciting time for Arena as we now have the weight of SPA behind us to expand our suite of capabilities and service offerings to meet the needs of our Intelligence Community customers and partners. Joining the SPA team will provide our employees with expanded career opportunities, and it will also establish a platform that prioritizes advisory work and the highly technical employees who are seeking an unconflicted home from which to continue serving the mission. With access to SPA's corporate infrastructure, credentials, and past performance, we are poised to rapidly expand in our current customer base and further support their mission. We are also better able to deliver differentiated capabilities to adjacent customers responding to similarly critical and complex threats and challenges."
Holland & Knight served as legal counsel to Systems Planning and Analysis. G Squared Capital Partners served as investment banker and Greenberg Traurig served as legal counsel to Arena.