Aronson LLC, a nationally ranked top 100 accounting and consulting firm today announced that it has acquired the GSA Schedule consulting business of Deltek’s Washington Management Group (WMG). This acquisition positions Aronson as the leading full service GSA Schedule consulting practice in the nation.
An official Deltek partner since 2002, Aronson’s Government Contract Services Group provides a full range of accounting and business solutions for government contractors, including Deltek implementations, financial and contract compliance, business system adequacy and Cognizant/OIG audit support.
Jeff Capron, Aronson’s managing partner, commented on the transaction, “The acquisition strengthens the longstanding partnership between Aronson and Deltek. It allows both companies to focus on their core capabilities in the government contracting market and continue to provide unparalleled service to clients.”
Aronson’s GSA Schedule practice is led by Hope Lane, a partner with more than 20 years of experience in the industry. Aronson serves a wide range of clients, from small contractors to Fortune 500 companies across the country, and provides a complete range of support that includes identifying, obtaining and maintaining GSA Schedule contracts, as well as resolving complex compliance issues.
The WMG business, which was acquired by Deltek in 2011, has more than 30 years of experience in contract management, risk management, contract compliance, advisory and consulting for government contractors.
This transaction will accomplish several key objectives:
An Alternate Sale or Liquidity Solution for Company Owners
Please join us for a presentation on Employee Stock Ownership Plans as an alternative to a traditional sale of business for owners of government contracting firms. A panel of legal, investment banking, accounting and wealth management experts, including an executive of an ESOP company, will discuss advantages offered by ESOPs, including opportunities for a partial or full sale of government contracting companies, tax exemptions and deferrals, and financing techniques. The presentation will include a discussion of:
Moderator: Alan Chvotkin, Executive Vice President, The Professional Services Council
Date: September 24, 2014
Time: Breakfast – 7:30am-8:00am
Panel Presentation – 8:00am-9:30am
Location: The Conference Center at the Maritime Institute, Dining Hall FG
692 Maritime Boulevard, Linthicum, MD 21090
Are you considering selling your business? Have you considered the tax issues associated with that sale? A seemingly typical sales negotiation and transaction can go bad if tax implications haven’t been property analyzed up front by a qualified professional. It is extremely difficult – and sometimes impossible – to roll back the clock on a negative outcome. Asking important tax questions beforehand can save you wasted time and effort. For example:
Can the purchasing party actually afford to acquire the business if the deal is not structured as an asset purchase?
How much does the seller need to actually net in cash monies after taxes to feel good about the deal?
Will the selling party be willing to accept part cash with the rest equity?
Can the equity be rolled over tax-free?
Do we have minority owners that are not cashing out and will roll over their equity to be part of the new ownership group?
Complicating all these issues is the reality that the tax code is full of irregular code provisions that quite often do not come to light until the deal is nearly complete. Restructuring and back pedaling to make all parties happy is
Learn Sequestration Strategies from Experience Professionals in the Government Contracting Field
Join us for a presentation by seasoned professionals in the field of government contracting as they share best practices for dealing with current challenges of doing business in the time of sequestration and answer your questions as a CEO, and from the legal and accounting perspectives.
There will be an opportunity for networking prior to the presentation.
Register today to reserve your spot at this informative breakfast presentation!
Elizabeth Rendon – Sherman, CEO, CFO
Don Walsh, Principal, Government Contracts
Date: Tuesday, September 17, 2013
Price: $35 for Members | $45 for Non-Members
Time: 7:45 a.m. – Registration & Continental Breakfast
8:00 a.m. – 9:30 a.m. – Presentation
Location: University of MD Univsersity College, 6865 Deerpath Rd., Conference Room 2128, Elkridge, MD 21075
As M&A valuations have declined for the majority of the Defense and Government Services market over the past five years, the adoption of Employee Stock Ownership Plans (“ESOPs”) is becoming a more viable partial exit strategy. Many business owners who are exploring a near term liquidity event are looking to ESOP transactions if an M&A exit is not feasible, or does not generate the appropriate valuation. A leveraged ESOP provides management and employees with a stake in the business, while providing liquidity to owners, often in a tax favorable manner.
Click here to continue reading this article, located in Aronson Capital Partners’ June Market Update.