Dec 13, 2023

Capstone Partners Advises Spin Systems, Inc. (SpinSys) on its Sale to Diné Development Corporation, a Navajo Nation Company

Capstone Partners advised Spin Systems, Inc. (SpinSys)—a data analytics and AI/ML-driven intelligence visualization government contractor—on its sale to Diné Development Corporation (DDC), a Navajo Nation owned company.

An award-winning software company focused on big data aggregation, virtualization, governance, and predictive modeling, Spin Systems amassed success throughout its 25-year history in delivering cloud-based sustainment and modernization solutions for the U.S. government, specifically for the Department of Defense. SpinSys CEO, Wael Ali, noted that, “our extensive experience in big data, visualization and cloud migration complemented DDC’s already robust IT services businesses.” For more information, please visit Spin Systems here.

The in-depth knowledge of government contracting coupled with the finessed negotiating skill delivered by Capstone every step of the way led to a successful outcome. This deal transformed the lives of our shareholders and has given an enormous opportunity to our SpinSys colleagues to cement the brand, and our legacy, for decades to come,

Shourya RayChief Operating Officer, Spin Systems

Capstone’s Tess Oxenstierna, Managing Director, noted, “Our Aerospace, Defense and Government team was delighted to lead this transaction to a successful close for SpinSys, finding the right buyer that can continue to scale the business.”

Since 2004, Diné Development Corporation (DDC) has been committed to providing government agencies with high-quality IT, professional, and environmental services. Wholly owned by the Navajo Nation, DDC strives to deliver exceptional solutions while generating sustainable economic prosperity for the Navajo Nation and advancing communities across the world. For more information about DDC and their family of companies, please visit

The expert investment banking professionals on Capstone Partners’ Aerospace, Defense, and Government Team work with leading middle market companies operating in the Government market to advise with their strategic decision-making in order to maximize financial outcomes at every stage of the business lifecycle. Our firm has developed a full suite of corporate finance solutions, including M&A advisory, debt advisory, financial advisory, and equity capital financing to help privately owned businesses and private equity firms address any need, ranging from growth and financial or operational advisement to an ultimate exit transaction. To learn more about this transaction, or about the benefits of starting a relationship with our Aerospace, Defense, and Government Banking Team, contact us here.