Summit2Sea Transaction Announcement
February 22, 2023
cBEYONData Expands Data Analytics Capabilities with Summit2Sea Consulting Acquisition
Acquisition facilitates cBEYONData’s ability to support federal government customers across all financial and ERP platforms
cBEYONData LLC (cBEYONData) announced today it has completed the acquisition of Summit2Sea Consulting, LLC (Summit2Sea). Founded in 2003, Summit2Sea is a provider of data analytics, robotic process automation, and enterprise application modernization across marquee DoD programs. With technology partnerships that include Oracle, Amazon Web Services, and UiPath®, Summit2Sea complements cBEYONData’s existing partnerships with SAP®, CGI Momentum®, and OneStream®. Summit2Sea has also developed a strong workplace culture, winning three straight Washington Post Top Workplace awards.
cBEYONData now employs over 350 professionals delivering data analytics, business intelligence, financial management, artificial intelligence, machine learning, cloud migration, robotic process automation solutions, and ERP architecture, design, and deployment services to clients including the Departments of Defense and Justice, Army, Navy, & Marine Corps, Defense Advanced Research Projects Agency, Defense Information Systems Agency, and the General Services Administration, among others. cBEYONData is a portfolio company of Bluestone Investment Partners.
Dyson Richards, Chief Executive Officer of cBEYONData, said, “The addition of Summit2Sea expands the capabilities and expertise of cBEYONData so that we are able to support the needs of customers across the federal government across all financial and ERP platforms.”
Laurian Eckle, CEO of Summit2Sea, said, “cBEYONData is the perfect partner to extend the reach of Summit2Sea while keeping our strong focus on the employee and the customer.” Bryan Eckle, CTO of Summit2Sea, added, “We’re excited to combine the two companies‘ product portfolios to offer a more robust solution to federal financial leaders, particularly in the area of business process automation.”
The senior leadership team from Summit2Sea including the founders, Laurian Eckle, Bryan Eckle and Chris Florman will remain as senior leaders with the company.
G Squared Capital Partners acted as exclusive financial advisor to Summit2Sea.
cBEYONData specializes in enabling federal agencies and organizations through innovative solutions and services which include business process re-engineering and improvement, enterprise resource planning, financial and logistics data management, business intelligence and analytics, technology modernization, data visualization, and business automation. Please visit www.cbeyondata.com for more information.
About Bluestone Investment Partners
Bluestone is a private equity firm investing exclusively in lower middle-market companies in the defense and government services arena. Bluestone’s principals have a long and successful track record owning, operating, investing in, and advising companies in the defense and government services sector. Please visit www.bluestoneinv.com for more information.