After two tumultuous years of CEO changes and an embezzlement controversy, NCI has announced that it will be acquired by HIG Capital for an enterprise value of approximately $283 million.
End of a Chaotic Chapter
NCI, a provider of IT and professional services and solutions to the federal government, replaced Founder and CEO Charles Narang with Brian Clark in 2015. Twelve months later, Clark left for other opportunities and was replaced by Paul Dillahay. Just three months after taking the reins, Dillahay was forced to fire his controller, Jon Frank. In September 2017, Frank will face up to twenty years in prison …read more
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