Criterion Systems, Inc. Acquires Protas Solutions Inc.
Summary
Protas employees have joined Criterion’s Intelligence Solutions (IS) business unit, which focuses on providing systems integration, software engineering, and cyber operations-focused services to current and future customers. “Protas is the second acquisition we have made in the past year to support the growth of our Intelligence Solutions business unit,” stated Promod Sharma, President and CEO of Criterion. We are excited about the opportunities to collaborate with our Criterion colleagues on products and intellectual capital that can advance the Intelligence Community’s various, critical missions.” “This transaction highlights the continued demand for strongly positioned and established companies within the Intelligence Community,” said Mitch Martin, Managing Director, The McLean Group. The McLean Group, LLC is a 25-year-old boutique investment bank and financial services firm focused on the Defense, Government & Intelligence (DGI), Security, Critical Infrastructure, and Maritime markets. Since 2005, Criterion has provided cybersecurity, IT infrastructure operations, cloud/data center management, and systems engineering for our nation’s mission-critical environments across the Federal Government.