Technology Holdings is pleased to announce that it has acted as the exclusive financial advisor to Cyber-Duck on its strategic sale to CACI.
Cyber-Duck is headquartered in London and has deep expertise in combining human-centred Service Design, User Experience (UX) and User Interface (UI) design with open-source technology including Laravel, Drupal and Acquia to create transformational, next-generation experiences, services, products and systems. Founded in 2005, Cyber-Duck is known to work with government and global brands in the UK and Europe. Further, it is an award-winning agency with 170+ awards and nominations across various geographies. Today the company has more than 100 employees, speaking 30+ languages and based around seven countries with over 186+ certifications in leading platforms and processes.
Established in 1975, CACI employs more than 1300 staff providing data and technology solutions and systems to clients in the UK, Europe and elsewhere in the world. CACI Ltd is a wholly owned subsidiary of CACI International Inc., an IT-services company publicly traded on the NYSE and employing over 23,000 staff globally.
With the acquisition of Cyber-Duck, CACI seeks to enhance its Digital Solutions Business. “We’re delighted to welcome Danny and his superbly talented team to CACI. Their significant skills and track-record of service delivery for clients makes them an excellent fit with our own Digital Solutions capability,” said Jeet Khaira, Managing Director of CACI’s Information and Management Systems Division. “We have common core values and a shared culture – a collaborative workstyle and a focus on solving real-world problems for clients. They are an important strategic addition to our business and bring real value-add skillsets to enhance our offerings for our clients.”
“Joining forces with CACI gives us scale, growth, more power, resources, support and a broader portfolio of offerings, including data analytics”, said Danny Bluestone, Cyber-Duck CEO. “We’re very excited about the next stage of our journey with significant potential for growth, innovation and to deepen our reputation, under the CACI banner, of delivering innovative solutions for clients. We’re looking forward to benefitting from a new dedicated building with CACI in Kensington Village, London and growing our team together.”
Vivek Subramanyam, Founder and CEO of Technology Holdings said “Cyber-Duck has built a truly outstanding end-to-end digital transformation solutions business with multi-platform capabilities, and it gives us immense pleasure to have delivered this outcome for them. This transaction is yet another testament to Technology Holdings’ deep expertise in the digital transformation space globally, with the sale of Cyber-Duck being our 32nd transaction in the space.”
Danny Bluestone, Founder and CEO of Cyber-Duck said “Technology Holdings has been an outstanding advisor from start to finish and provided trusted, highly valuable insights. Their knowledge of the digital transformation space was astounding, and we want to acknowledge their tireless work and dedication during the entire process which was instrumental in getting us to this great outcome – we couldn’t have done it without them. I was particularly impressed with the depth of their global coverage for the transaction, the positioning and the calibre of the buyers and private equity funds that they brought to the process, resulting in Cyber-Duck finding the perfect strategic partner for the next stage of our journey.”