TYSONS, Va.--(BUSINESS WIRE)--LMI and FourWinds Limited Company, a management consulting firm advising national security customers, announced today that they have completed a definitive merger agreement under which LMI will acquire FourWinds. The LMI board of directors and leadership of both companies have unanimously approved the transaction. Terms of the purchase are not being disclosed.
The acquisition will enable LMI to expand its capabilities and reach in the intelligence community while continuing to provide the same mission-driven service to government.
“We selected a company that fits our culture, particularly in intelligence programs at LMI,” said Kellene Ecker, Director of Intelligence Programs. “We have the same beliefs and mentality of public service and have a longstanding partnership with FourWinds. In the intel community, we are like family. So this simply makes it a formal relationship.”
"We feel that LMI has a strong reputation for excellence and the right mix of capabilities and client relationships to take to new levels what FourWinds has built over the past six years,” said David Popelier, co-founder of FourWinds. “LMI shares FourWinds' philosophy of focusing on client impact, as well as taking care of its people, and provide them rewarding opportunities."
LMI conducted extensive research and due diligence to find an acquisition prospect that could grow the firm’s capacity in the intelligence community. With significant expertise in performance management, business analytics, and strategic communications, this acquisition will supplement LMI’s existing intelligence program capabilities.
“This acquisition nearly doubles our intelligence team’s size, and will allow us to combine very complementary skillsets to best serve the community,” said Ed Stanton, Senior Vice President of Strategic Growth at LMI. “M&A activities are implicit in the strategic plan and vital to growing our business. But of paramount importance is bringing in a business that fits with our culture and abides by our values.”
The acquisition stems from the LMI board of directors’ recent approval of LMI’s updated strategic plan, which includes mergers and acquisition activities as a vehicle for growth in federal and international markets.
"The combination of FourWinds' tailored solutions and accomplished staff, coupled with LMI's infrastructure, broader reach, and capabilities, will no doubt strengthen the level of service to clients as we move forward together," said Eduardo Caldera, co-founder of FourWinds.
"We look forward to many years of growing business in this sector together, strengthening our level of service to our clients, and ensuring our employees can develop their skills and talents in the process,” said Jonathan Widdifield, co-founder of FourWinds.
About LMI. LMI is a consulting firm dedicated to improving the management of government. With more than 1,000 consultants, we design and implement solutions to some of the toughest problems facing government managers in logistics, information technology, and resource allocation. For 55 years, LMI has placed our clients’ interests first.