Capstone Strategic Guides ITA International on Acquisition of Innovative Decisions
Capstone Strategic announced today that ITA International, a Newport News based federal contractor and professional services company has acquired management consulting firm Innovative Decisions.
TYSONS CORNER, Va., Oct. 27, 2020 /PRNewswire-PRWeb/ -- Capstone Strategic, Inc. (Capstone) announced today that ITA International (ITA), a Newport News based federal contractor and professional services company, has acquired Innovative Decisions Inc. (IDI), now Innovative Decisions International, a wholly owned subsidiary of ITA. IDI is a management consulting firm specializing in decision and risk analysis, operations research and systems engineering for business and government customers.
Capstone advised ITA on this acquisition and introduced Mike Melo, ITA's CEO, to Dr. Dennis Buede, IDI's Founder. "Bringing together ITA and IDI allows us to continue our mission to provide integrated service and solutions using data analytics and subject matter expertise. We are ecstatic to have the IDI team join us as ITAers! Together we will drive better decisions and better results for our global customers," said Melo.
Founded in 2005, ITA is a global service provider leveraging subject matter expertise, data analytics and technology ensuring mission success for customers, "In The Arena."
"Capstone helped identify the right prospect that shares our commitment to excellent service. Capstone's process brought us a great strategic match. Working with their team enabled us to swiftly refine our focus and build a strong foundational relationship with IDI," said Melo.
Serving as a third-party M&A advisor, Capstone guided ITA as they prioritized a robust pipeline of acquisition prospects while facilitating meetings between owners. "Our long-standing partnership with ITA allowed us to seamlessly implement a focused, strategic acquisition program. With IDI's people and complementary capabilities, ITA is now a step closer to achieving its grander vision," said John Dearing, Partner at Capstone.
About Capstone Strategic, Inc.
Capstone Strategic, Inc. is a consulting firm located outside of Washington DC specializing in proactive, external growth strategies, primarily mergers and acquisitions for the middle market. Founded in 1995 by CEO David Braun, Capstone has facilitated over $1 billion of successful transactions in a wide variety of manufacturing and service industries. Capstone utilizes a proprietary process, "The Roadmap to Acquisitions," to provide tailored services to clients in a broad range of domestic and international markets. Visit the Capstone website: http://www.CapstoneStrategic.com.
SOURCE Capstone Strategic
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