{"id":30681,"date":"2021-10-13T07:54:03","date_gmt":"2021-10-13T11:54:03","guid":{"rendered":"https:\/\/intelligencecommunitynews.com\/?p=30681"},"modified":"2021-10-13T07:54:03","modified_gmt":"2021-10-13T11:54:03","slug":"cerberus-acquires-netcentrics","status":"publish","type":"post","link":"https:\/\/intelligencecommunitynews.com\/cerberus-acquires-netcentrics\/","title":{"rendered":"Cerberus acquires NetCentrics"},"content":{"rendered":"

On October 12, Herndon, VA-based NetCentrics Corporation<\/a> announced that an affiliate of Cerberus Capital Management, L.P. has acquired the company. In connection with the transaction, Cerberus provided a capital investment that further strengthens NetCentrics\u2019 financial flexibility and supports its long-term growth plans.<\/p>\n

Cerberus, a global leader in alternative investing, brings to the partnership broad investment experience in the government sector as well as industry-leading operations and technology expertise. With Cerberus\u2019 support, NetCentrics is well-positioned to further accelerate its growth through continued investments in its capabilities and strategic opportunities. The partnership comes as NetCentrics, an established government contractor for nearly 30 years, continues to expand its business to serve customers in the public and private sector.<\/p>\n

“NetCentrics has a long track record of applying deep experience, a forward-thinking approach, and creative solutions to meet customers\u2019 evolving needs,\u201d said Joseph Naccarato, chief operating officer and chief credit officer of Cerberus Business Finance. \u201cWe look forward to partnering with the Company as it continues to be at the forefront of emerging technologies that support their customers\u2019 success.\u201d<\/p>\n

In the company\u2019s next phase of growth, Kenny Cushing has joined NetCentrics as chief executive officer. Cushing is a seasoned technology and cybersecurity leader with more than 25 years of experience in the public and private sector.<\/p>\n

Cushing commented, \u201cNetCentrics has become a trusted partner by consistently helping customers solve their most complex problems for today as well as tomorrow. I\u2019m honored to join the talented team and guide the Company in its next chapter. Cerberus has a powerful combination of industry experience and technology and operating expertise. With their backing, I am confident we will be able to drive our business\u2019 growth while continuing to invest in our market-leading capabilities.\u201d<\/p>\n

Naccarato added, \u201cKenny is an accomplished and passionate leader and will be a terrific partner as NetCentrics captures strategic opportunities to reach even greater heights.\u201d<\/p>\n

Cushing has extensive business leadership, management consulting, and military experience across the private sector, U.S. Department of Defense (\u201cDoD\u201d), intelligence community, and federal civilian agencies. He joined NetCentrics from Avantus Federal where he was senior vice president and led the company\u2019s defense division, overseeing its operations and growth strategy. Prior to Avantus Federal, Cushing served as the senior DoD official at the Cybersecurity and Infrastructure Security Agency (\u201cCISA\u201d) at the Department of Homeland Security. He also was General Dynamics Mission Systems\u2019 chief marketing officer and head of new cyber products, driving a market-focused culture and product leadership model to help the business leverage its capacity for innovation to solve the nation\u2019s most pressing security challenges.<\/p>\n

His career includes various leadership roles in the military, government, and business sectors, including chief technology officer at the National Reconnaissance Office Mission Operations Directorate; engagement manager for McKinsey & Co; and chief executive officer for several technology and business services companies. Cushing also maintains his military duties as director (Col, USAF Reserves) at CISA (DHS).<\/p>\n

Source: NetCentrics<\/p>\n

If you enjoyed this article, please consider <\/em>becoming a paid subscriber<\/em><\/a>. Your support helps keep our site ad-free.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

On October 12, Herndon, VA-based NetCentrics Corporation announced that an affiliate of Cerberus Capital Management, L.P. has acquired the company….<\/p>\n","protected":false},"author":9,"featured_media":25769,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[13222,13635,13225,12410,818,13663,106,99,16427,82,2882,16426],"class_list":["post-30681","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-company-news","tag-cerberus","tag-cerberus-capital","tag-cerberus-capital-management","tag-cyber","tag-cybersecurity","tag-enterprise-it","tag-ic","tag-intelligence-community","tag-kenny-cushing","tag-metered","tag-netcentrics","tag-netcentrics-corporation"],"yoast_head":"\nCerberus acquires NetCentrics - Intelligence Community News<\/title>\n<meta name=\"description\" content=\"On October 12, Herndon, 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