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Arlington, VA
December 1, 2006
RGS
Associates, Inc., a leading provider of consulting services to federal
government agencies, today announces the retirement of its founder and
CEO, Dr. Richard G. Stieglitz. Thomas McMahon, President of RGS, will take on the additional role of CEO. "We
are happy for Dick as he embarks on this new phase in his career, and
we are very excited about our new association with CM Equity Partners
and their experience in helping government service providers accelerate
their growth" said RGS President and CEO, Tom McMahon.
RGS performed the management buyout of the firm in partnership with CM Equity Partners of New York. "With
3 consecutive years of 20% organic growth and a strong contract base
for 2007 and 2008, we intend to accelerate our growth by adding
selective acquisitions to our market strategy." stated Dyson Richards,
RGS Vice President. RGS remains committed
to supporting the programs critical to our Nation's security within the
Defense, Homeland Security and Intelligence Communities.
About RGS
RGS, headquartered in Arlington, VA,
is a professional services firm focused on helping federal agencies
transform their business operations. For the past 22 years, RGS has
helped their clients solve tough problems by taking a comprehensive
view of transformation and addressing changes to an organization's
mission, business practices, enabling technologies and the workforce in
tandem. This approach has become known as Integrated Change Management
(ICM) and sets RGS apart from other consulting companies based on the
superior results achieved by our clients. Find out more by visiting
RGS' web site at www.rgsinc.com.
About CM Equity Partners
CM Equity Partners is a
private equity investment firm which makes controlling investments in
middle market companies operating primarily in the U.S. and Canada.
Since 1993, CMEP has completed 39 acquisitions including private
companies, public companies, and public company subsidiaries. CMEP's
investments in the federal services sector include AverStar, Resource
Consultants (RCI), ICF International (Nasdaq: ICFI), and 3001
International, among others. |
