Evergreen Advisors Capital, a middle-market investment bank, is proud to announce that it advised Trinity Enterprise Services, LLC (“Trinity”), a provider of full-lifecycle systems engineering and integration solutions to the U.S. Intelligence Community, in its sale to TENICA Global Solutions (“TENICA”), a leading provider of integrated engineering, mission operations, cybersecurity, and digital modernization solutions supporting critical space, intelligence, and defense missions.
“Trinity’s exceptional track record of supporting the Intelligence Community’s mission, combined with its highly talented workforce and longstanding customer relationships, makes it an ideal partner to strengthen our existing platform,” said Nicholas Scherling, President and CEO of TENICA. “This acquisition represents an important next step in our strategy to expand and reinforce TENICA’s already strong presence in the Intelligence Community and create a more comprehensive suite of mission-critical solutions. We look forward to welcoming and working closely with Ward, David, and the entire Trinity team as we build on their strong foundation, invest in new capabilities, and pursue opportunities to grow the combined business as we support the national security mission.”
“Joining TENICA represents an exciting next chapter for our business and our people. With access to the additional resources and capabilities necessary, we will be better positioned to serve our customers and to pursue new avenues for growth, including by expanding our technical offerings in software development and artificial intelligence, and further investing in our people,” said Ward Roberts, Co-Founder and CEO and David Benson, Co-Founder and COO of Trinity. “Selling Trinity was one of the most important decisions we’ve ever made, and Justin Horsman, Jesse Elkin, and the Evergreen Advisors Capital team were invaluable partners from start to finish. They took the time to understand what Trinity meant to us, our employees, and our customers, and helped us evaluate our options, introduced us to a range of potential partners, and ultimately guided us to the right fit with TENICA. Justin and the broader Evergreen team brought professionalism, clarity, and integrity that kept our long-term goals at the center. We’re grateful for their support and proud of the outcome we achieved together.”
“Trinity has built a strong business backed by technical expertise, trusted customer relationships, and a team that understands the unique demands of the Intelligence Community” said Justin Horsman, Managing Director of Evergreen Advisors Capital. “Our role was to help Trinity evaluate its strategic options, navigate the transaction process, and identify a partner aligned with the founders’ objectives and the company’s long-term future. TENICA presented a compelling opportunity to build on Trinity’s existing strengths while providing a platform for continued growth. We’re proud to have worked alongside Trinity’s leadership to help bring the transaction together.”
Evergreen Advisors Capital served as financial advisor to Trinity, and Miles & Stockbridge served as legal counsel. PilieroMazza provided legal counsel to TENICA.
About Trinity Enterprise Services, LLC
Founded in 2014, Trinity Enterprise Services is an Ashburn, VA-based provider of full-lifecycle systems engineering and integration services to the U.S. Intelligence Community. Its solutions span enterprise IT operations and infrastructure, data center and cloud, systems integration, cybersecurity and compliance, and mission integration. With more than a decade of experience supporting critical national security programs, Trinity has established a strong track record of performance across successive contract awards and developed deep technical expertise and longstanding relationships. Trinity also maintains established positions on long-term programs with customers, demonstrating the expertise of its people, industry relationships, and innovative solutions.
About TENICA Global Solutions
TENICA Global Solutions is a leading provider of national security, defense, cybersecurity, and information technology solutions supporting the U.S. Intelligence Community, Department of War, and other federal government clients. Leveraging deep operational expertise and an experienced team drawn from government and industry, TENICA delivers mission-critical capabilities spanning IT engineering and architecture, digital modernization, cyber defense, cloud and enterprise IT, mission resilience, program management, and acquisition support.
Headquartered in Chantilly, VA, TENICA has built a strong reputation as a trusted mission partner by combining technical expertise, operational understanding, and a commitment to execution. The Company delivers innovative, client-focused solutions that help clients address complex challenges, modernize critical capabilities, and achieve mission success.
About Evergreen Advisors Capital
Evergreen Advisors Capital, LLC is a leading investment banking and corporate advisory firm focused on assisting emerging growth and middle-market companies in the areas of corporate finance, growth and exit strategies, valuations, and advisory services.
Securities transactions conducted through Evergreen Advisors Capital/Member FINRA/SIPC