FON Corporate Finance, LLC (FON CF) acted as the exclusive advisor to Innovative Decisions Inc. (now Innovative Decisions International) (IDI) in its sale to ITA International (ITA). The deal was successfully closed Sept. 1, 2020, with Managing Director Cameron Hamilton serving as lead investment banker.
Based in Vienna, Virginia, IDI is a management consulting firm specializing in decision and risk analysis, operations research and systems engineering for business and government customers. IDI helps analysts, managers and executive leaders achieve mission success using innovative analytics solutions that integrate organizational values, data, resources, and risks to inform decisions at the tactical, operational and strategic levels.
ITA International is a global service provider leveraging subject matter expertise, data analytics and technology ensuring mission success for customers, “In The Arena” (ITA). The company is headquartered in Newport News, Virginia.
“Bringing together ITA and IDI allows us to continue our mission to provide integrated service and solutions using data analytics and subject matter expertise,” said Mike Melo, chief executive officer, ITA. “We are ecstatic to have the IDI team join us as ITAers! Together, we will drive better decisions and better results for our global customers.”
“Any time we can be part of helping two companies come together that share such a similar vision of excellence and passion for customer service, we are honored to be part of the advisory team,” said Hamilton.
“This is a great opportunity for IDI and ITA, but also the first acquisition for both,” said Robert Liebe, senior vice president of the ITA Data Analytics Center and former president of IDI. “Cameron Hamilton’s advice and coaching helped us move through engagement and due diligence process with a focus on the promising outcomes we foresee. ITA is a great company with an ethos and vision that align with IDI’s strategy and core values. We’re excited about our future and grateful to Cameron for helping us position for mutual success.”
Contact information is as follows:
Jason R. Frank
Chief Executive Officer
FON Corporate Finance, LLC
FON Corporate Finance, LLC
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 family-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 https://fonadvisors.com/services/investment-banking/.