Bart & Associates Acquires Celestar

January 14, 2026

Bart & Associates (B&A), a portfolio company of private equity firm DFW Capital Partners, has acquired Celestar Holdings Corporation, a Tampa-based multi-INT intelligence services and solutions provider. The add-on strengthens B&A's intelligence capabilities—adding HUMINT, SIGINT, IMINT, MASINT and OSINT—and positions the combined company to pursue larger opportunities across the defense and intelligence enterprise (NGA, DIA, Combatant Commands).

Buyers
Bart & Associates (B&A), DFW Capital Partners
Targets
Celestar Holdings Corporation
Platforms
Bart & Associates (B&A)
Location
Florida, United States
Transaction Type
Addon

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