FON Advisors represents Global Research Analytics in its sale to Core One

FON Advisors Continues Its Active Support of IC Contractors

Arlington, Va. (February 27, 2023) Global Research Analytics, LLC (“GRA”) has been acquired by Sterling, Virginia-based Core One Group (“Core One”), in a transaction that enhances Core One’s support to its Tier 1 U.S. Intelligence Community (IC) customers. This transaction is an inflection point for both GRA and Core One and meaningfully strengthens the combined company’s professional services offerings to its federal government customers.  FON Advisors served as exclusive financial advisor to GRA on this transaction.

GRA has approximately 50 employees and has been a leading provider of human intelligence (“HUMINT”), linguistics, and data analytics services on highly sensitive, mission-critical projects within the IC since 2011.

Patrick Kennedy, President and Founder of GRA, stated that the deal “expands our capacity to offer tailored services and solutions to meet the most complex national security needs, and vastly improves the combined company’s ability to compete for and win new business in the IC space.  We were looking for a partner that shared GRA’s strategic vision, dedication to mission, and employee-first culture, and we’ve certainly found that in Core One.” Mr. Kennedy will continue to play a key management role in the combined business, leading the ongoing growth of Core One’s solution offerings to IC customers.

FON Advisors has more than two decades of experience in serving IC contractors, and its sector expertise was critical to the successful outcome for GRA. Mr. Kennedy also stated, “Having the support of FON throughout the transaction process was absolutely essential. They were able to articulate GRA’s unique capabilities and customer positioning, understood the sensitivities of the IC landscape and the contractors with which to engage, and helped negotiate and close the best deal possible for GRA and its employees.”

Core One has approximately 200 employees and has been providing specialized mission support, advanced training and logistics, and custom technical solutions to U.S. Special Operations and Intelligence Community customers since 2014. 

Rees Broome, PC served as legal counsel to GRA. Holland & Knight LLP served as legal counsel to Core One.  

Contact information is as follows: 

Cameron Hamilton
Managing Director
FON Corporate Finance, LLC
Phone: 703-214-7009 

ABOUT US:  FON Corporate Finance is a middle-market investment bank providing objective strategic and financial advice to its broad array of clients.  We specialize in providing M&A advice, private capital raising, and other financial advisory services to privately-owned businesses, divisions of large corporate parents, and portfolio companies of private equity firms focused on the ADG industry. Our services are built on comprehensive industry knowledge, extensive transaction experience, senior-level attention to every client engagement, and a real-time understanding of industry-specific value drivers.   

FON Corporate Finance, LLC is a SEC-registered broker-dealer and member of FINRA and SIPC. The information contained in this communication is not intended to be construed as an offer, solicitation, or a recommendation to purchase any security. Investment banking products and services within the United States are offered exclusively through FON Corporate Finance, LLC. For more information, visit

FON Advisors represents Global Research Analytics in its sale to Core One