Salient Federal merges with CRGT
Salient Federal Solutions Inc. has agreed to merge with CRGT Inc. to form Salient CRGT. Financial terms weren’t announced. Salient, a Frotenac portfolio company, provides IT and engineering services to the intelligence, defense, homeland security, and federal markets. CRGT, which is backed by Bridge Growth Partners, is an IT services provider for the Federal Government. Evercore and Credit Suisse served as Bridge Growth’s financial advisors. Wells Fargo Securities and Houlihan Lokey advised Frontenac and Salient.
11 August 2015•4 mins read
