Washington, D.C.-based Capitol Meridian Partners has made a strategic investment in Clarity Innovations, enhancing the Columbia, Md.-based software firm’s ability to pursue deals with the U.S. government and the national security industry. Terms of Capitol Meridian’s transaction, which closed in the fourth quarter, were not disclosed.
“After careful consideration of strategic alternatives, we unanimously concluded that a partnership with Capitol Meridian is the best next step in achieving our vision,” said Clarity co-founder and CEO Wes Daniels, a former Marine who previously served defense contractor Booz Allen Hamilton.
Security Focus
“The Capitol Meridian team shares our relentless focus on customer success and enhancing mission outcomes. We’re creating a strategic partnership to build and deliver capabilities faster to our customers in today’s evolving geopolitical environment,” he added.
Founded in 2012 by Daniels and Michael Kukuselis, a software veteran who has previously worked for the U.S. Department of Defense, Clarity provides a range of software services including data and cyber analytics, and security. Kukuselis served as the company’s chief technology officer until February.
Capitol Meridian partner Mike Gozycki called Clarity a “trusted partner to key U.S. government departments and agencies.”
“We are excited to partner with Wes [Daniels] and the Clarity team to support their mission and growth strategy by investing in the continued development of Clarity’s people, capabilities, and intellectual property as well as pursuing technology-driven, complementary acquisitions,” added Gozycki, who previously was a managing director at the Carlyle Group.
Capitol Meridian’s Prior Deals
Capitol Meridian, established in 2021, has made three prior deals. It has investments in LMI, a Virginia technology and management consulting firm with significant government business; PrimeFlight, a Texas firm providing a range of aviation services including security; and Altumint, a Maryland company providing public safety and analytical solutions to state and local governments.
For Capitol Meridian, Raymond James served as exclusive financial advisor, Latham & Watkins served as legal counsel, and PwC provided financial advisory services. Macquarie Capital funded the transaction.
Baird served as the exclusive financial advisor and Miles & Stockbridge served as legal counsel to Clarity. Astrapi Leadership Consulting served as the strategic leadership consulting advisor to Clarity.
