Consortium of Declaration Partners, Capitol Meridian and 22C Capital Acquires LMI's For‑Profit Business
July 12, 2022
A consortium of investment firms—Declaration Partners (anchored by the family office of David M. Rubenstein), Capitol Meridian Partners, and 22C Capital—agreed to purchase LMI’s for‑profit subsidiary, which will retain the LMI name. The transaction, advised by KippsDeSanto & Co. and Macquarie, is expected to close in Q3 2022 and aims to accelerate LMI’s evolution into a digital‑focused, tech‑enabled government solutions provider.
- Buyers
- Declaration Partners, Capitol Meridian Partners, 22C Capital
- Targets
- LMI (for‑profit subsidiary)
- Sellers
- LMI
- Industry
- Government & Public Sector
- Location
- Virginia, United States
- Transaction Type
- Divestiture
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