Location: Herndon, VA
Initial Investment Date: 9/7/2001
GTCR partnered for the second time with Ken Bajaj (see AppNet) in 2002 to acquire Getronics NV’s U.S.-based government IT services business. DigitalNet was a provider of managed government network services, government information security solutions and application development and integration services to U.S. government defense, intelligence and civilian federal government agencies. This government technology company also provided seat management services and monitoring and maintenance of government computer systems on a per-desktop basis. This government technology company completed an initial public equity offering in October 2003 and was acquired by British Aerospace in October 2004.