Dexis Consulting Group (“Dexis”), a 500-person DC area global professional services firm supporting US foreign assistance programs, announced that it has partnered with CM Equity Partners (“CMEP”) to support future growth in the federal civilian marketplace.
“We are thrilled to get the financial backing of CMEP, with a nearly 30-year track record of investing in the federal services marketplace,” said Mihir Desai, CEO. “Our vision is to expand our social impact work within other agencies that make a difference to citizens, including natural disaster recovery, public health, climate change, and AI enabled citizen services. We can ramp up initiatives to support public sector leaders on even larger social impact programs through this growth capital infusion. We are excited to partner with CMEP to continue to build on the brand and legacy that we have built over the past 22 years”.
“We are looking forward to Dexis continuing to support our customers, providing them with lasting solutions to their most complex challenges, as we grow and broaden our business while maintaining the same culture and commitment to Dexis’s highly skilled employees and partners” added Mark McEuen, Chief Operating Officer. “We are more of the same, but at even greater scale.”
Dexis will continue to be led by Mihir Desai as CEO and Mark MuEuen as COO. Dexis has retained all members of the Board, including Mr. Sudhakar Kesavan, former CEO of ICF International (NASDAQ: ICFI).
About Dexis Consulting Group
Dexis (www.dexisonline.com) Founded by Mihir Desai in 2001, has evolved into a professional services firm that supports program design and delivery of foreign assistance programs. Dexis clients include the State Department, USAID, Center for Disease Control, and the Defense Security Cooperation Agency. In the last three years, Dexis was active in over 80 countries through its staff of over 500 professionals.
About CM Equity Partners
CM Equity Partners (www.cmequity.com), based in New York, NY, provides capital to the Federal services and aerospace and defense industries. For nearly thirty years, CMEP has partnered with management teams to build value by leveraging its long-standing industry knowledge, relationships, operating experience, and its corporate finance, M&A, and private equity expertise. CMEP provides an active and collaborative management approach to its investments, developing long-term strategic plans and supporting re-investment of profits to grow and broaden a company's revenue base and capabilities. CMEP’s investments are structured with flexibility across a broad spectrum of the capital structure, including equity, structured equity and mezzanine debt.