Arlington Capital Partners, a Washington, DC-based private equity firm, acquired Integrated Data Services, Inc., an El Segundo, CA-based federal software provider.
IDS’ co-founders Jerome Murray and James Truhe retained a minority stake in the company as part of the transaction. Financial terms were not disclosed.
Founded in 1997 by CEO James Truhe, IDS is a provider of software and technology-enabled support and development for federal government customers. The company’s flagship software offering, Comprehensive Cost and Requirement (“CCaR”), is primarily utilized to automate manually-intensive processes centered around program portfolio management. IDS employs over 275 employees and serves nearly 30 customer locations across the Air Force, Army, Space Force and other defense and civilian departments.
FinSMEs
02/08/2023