The federal and defense consulting firm LMI on Thursday said it has acquired Synaptech in a deal that adds new capabilities in modeling and simulation software and also expands its presence serving the space market.
Terms of the deal were not disclosed. Synaptech, which is based in Colorado Springs, Colo., has about 60 employees.
Synaptech has a proprietary software it calls Rapid Analysis and Prototyping Toolkit for Resiliency that provides an extensive, scalable architecture for modeling, simulation, analysis and visualization for the space warfighting domain, and for cross-domain warfare integration.
Zac Gorrell and Elias Peroulas, CEO and chief technology officer, respectively, of Synaptech and the company’s co-founders, will lead LMI’s space business.
“LMI is thrilled to be entering the fast-paced, growing space market by acquiring Synaptech, which protects our nation’s national security assets and provides senior leaders with Physics-backed decisional options,” Doug Wagoner, president and CEO of LMI, said in a statement. He added that the acquisition “enables LMI total multi-domain awareness at scale.”
LMI provides its customers with digital and analytic solutions, comprehensive logistics support, and management advisory services. The company’s markets are defense and space, health and civilian, homeland security and intelligence.
Synaptech’s financial adviser on the deal was KippsDeSanto & Co.