Capstone Partners Recognized at 16th Annual Americas M&A Atlas Awards

Boston, MA – Capstone Partners, a leading middle market investment banking firm, is pleased to share its recognition at the Global M&A Network’s 16^th Annual Americas M&A Atlas Awards in New York on February 6, 2025.

The firm was honored to receive M&A Deal of the Year and Government Tech/Services Deal of the Year for its work advising on two recently announced transactions, underscoring the firm’s leadership in executing high-impact transactions. Additionally, Director Kenny Green was honored as a Rising Star Dealmaker.

• M&A Deal of the Year: Spin Systems sale to Dine Development Corporation (Navajo Nation).

Capstone Partners advised Spin Systems—a data analytics and AI/ML-driven intelligence visualization firm—to Diné Development Corporation, a Navajo Nation owned company that provides government contracting services in the defense, civil, intelligence, and state and tribal arenas.

The transaction represents an accelerating shift in the federal government’s IT spending priorities sparked by the rise of artificial intelligence (AI) and machine learning (ML) technologies. Tess Oxenstierna, Managing Director and lead banker on the transaction, commented, “In a flood of information used to determine military readiness, big data analytics and AI/ML intelligence visualization provides insights into decision-making needed at the senior most levels in the Pentagon and combatant commands. We expect demand for these technologies to remain elevated, and M&A interest from both financial and strategic buyers to grow as they look to capitalize on robust government and civilian demand for AI/ML-enabled services.”

The deal team also included Vice President Hilary Morrison.

• Government Tech/Services Deal of the Year: AstreaX’s sale to DC Capital Partners.

Capstone Partners advised AstreaX Inc. and Aura Solutions (collectively AstreaX)—a leading provider of software development and implementation services for government modernization technologies—on its sale to private equity firm DC Capital Partners.

Ted Polk, Managing Director at Capstone Partners, noted, “AstreaX represents the third IT modernization business for government agencies that we have represented in recent years. Given the efficiencies and improved services it enables, we expect that there will be continued market interest in such opportunities for the foreseeable future.”

The deal team also included Vice President Brian Gerner.

• Rising Star Dealmaker: Kenny Green

Each year, the Global M&A Network honors the achievements of outstanding young professionals in the M&A, private equity, and restructuring industries who have displayed a successful track record of value-creating deals and strong leadership qualities.

Kenny Green, a Director within Capstone’s Consumer Investment Banking Group, has over ten years of experience serving clients on transactions involving mergers & acquisitions, divestitures, financial advisory, and capital raising activities, with a specific focus on the Multi-Unit Retail sector. Green recently worked on the deal team that advised Dobbs Tire and Auto Centers on a growth investment from Audax Private Equity—a notable transaction in the Consumer industry that marked the return of capital deployment from financial players in the space after a prolonged period of caution.

Ken Wasik, Co-Head of Investment Banking at Capstone, commented, “This well-deserved honor is a testament to Kenny’s exceptional talent, dedication to clients, and deep retailing sector knowledge. We are proud to have him on our Capstone team.”

At the same event, Managing Director and Head of Aerospace, Defense, Government, and Security Investment Banking (ADGS) Tess Oxenstierna was named Investment Banker of the Year, Capstone recently announced in a press release. Collectively, these recognitions highlight Capstone’s dedication to cultivating and developing top industry talent and delivering exceptional outcomes for its clients across the middle market.

ABOUT GLOBAL M&A NETWORK

Global M&A Network is a diversified news, information media, and forums company, as well as the host of various prestigious awards ceremonies honoring top talent in the M&A space. The Network produces high-quality “Intelligence Forums” and the world’s most prestigious M&A, Turnaround, and female leadership “Atlas Awards.” For more information, visit www.globalmanetwork.com.

ABOUT CAPSTONE PARTNERS

For over 20 years, the firm has been a trusted advisor to leading middle market companies, offering a fully integrated range of investment banking and financial advisory services uniquely tailored to help owners, investors, and creditors through each stage of the company’s lifecycle. Capstone’s services include M&A advisory, debt and equity placement, corporate restructuring, special situations, valuation and fairness opinions, and financial advisory services. Headquartered in Boston, the firm has 175+ professionals across the U.S. With 12 dedicated industry groups, Capstone delivers sector-specific expertise through large, cross-functional teams. Capstone is a subsidiary of Huntington Bancshares Incorporated (NASDAQ: HBAN). For more information, visit www.capstonepartners.com.

For More Information Contact:

Rebecca Levesque
Head of Demand & Lead Generation
rlevesque@capstonepartners.com

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