By Ross Wilkers
Dec 17, 2020
Blue Delta Capital Partners, a government market-focused investment firm, marked one of its most high-profile exits in November when PAE acquired intelligence analysis firm Metis Solutions for $92 million.
McLean, Virginia-based Blue Delta first partnered with Metis in 2016 to help that company steer through its next phase of growth, both organic and through acquisitions like that of Pluribus in 2019.
Worth pointing out is the eventual buyer of Metis is also very familiar to Blue Delta, which partnered with private equity firm Lindsay Goldberg to support the latter’s acquisition of PAE in 2011.
“There’s a lot of synergy for what they’re doing, and if you throw it in with Centra (which PAE acquired alongside Metis), that’s a compelling vision and opportunity for the Metis team to continue and grow in their professional journey,” said Mark Frantz, co-founder and general partner at Blue Delta.