Moore Kingston Smith advises CACI Limited on the acquisition of Rowe IT Holdings Limited

Moore Kingston Smith Corporate Finance has advised CACI, a leading data and technology solutions company, on its acquisition of innovative IT consultancy business, Rowe IT, which provides software engineering, solution architecture and systems integration services.

CACI is a data and technology solutions business based in London, UK. Established in 1975, it employs over 1300 people to help transform their clients’ businesses through data and technology. CACI is a subsidiary of CACI International Inc, a US-based company that provides distinctive expertise and differentiated technology to U.S. government customers to strengthen national security.

Rowe IT is a technology solutions company based in Plymouth, England. They provide the public sector with services and solutions which assist their clients on their digital journey. Their solutions intend to have a positive societal impact for clients such as MOD, Met Office, UK Hydrographic Office, Forestry Commission and central government.

With Rowe IT’s client base including government and defence organisations, particularly within critical national infrastructure, this is a strategic acquisition for CACI. Driven by an ambitious team, with strong client relationships and innovative software solutions at the forefront of their success, this aligns with CACI’s philosophy making Rowe IT an excellent fit.

Moore Kingston Smith Corporate Finance, having previously advised CACI on their acquisitions of Bitweave and Cyber-Duck, were well-placed to provide financial and tax due diligence services due to their effective, successful relationship and their understanding of the client’s needs.

Moore Kingston Smith’s Corporate Finance team, led by Mike Orton, Partner, and Adele Hebditch, Director, provided financial due diligence. They were supported by Thomas Acland, Director, and Sam Talbot, Assistant Manager from the M&A tax team who provided tax due diligence and advice on the transaction.

Sanjeev Gandhi, Corporate Development Director at CACI said: “Working with Moore Kingston Smith Corporate Finance has been a positive experience once again. It’s the third time they’ve been our go-to for specialist due diligence services, and every time they provide excellent, pragmatic advice throughout. We’ve developed a close relationship with the team and would recommend their services to businesses looking to acquire.”

Mike Orton, Partner specialising in due diligence at Moore Kingston Smith Corporate Finance team, said: “Given their growth in recent years, we’re excited to see what the future holds for CACI. We were delighted to work with them on another successful acquisition, and Rowe IT makes a great addition to their group.”