Washington, D.C. – May 8, 2025 — NobleReach™, a nonprofit dedicated to scaling private-public partnerships through talent and innovation in the national interest, is proud to announce the addition of Dr. Ralph Semmel and Dr. Jill Tiefenthaler to its board of directors.
For more than four decades, Semmel has spearheaded the development of breakthrough technologies that have maintained U.S. leadership in next-generation national security and space exploration capabilities. As the director of the Johns Hopkins Applied Physics Laboratory (APL) for the past 15 years, he leads more than 9,000 staff in innovative research and development projects for the Department of Defense, NASA, the Intelligence Community and other federal agencies.
Tiefenthaler is the chief executive officer (CEO) of the National Geographic Society, where she leads the organization’s mission-driven work, guiding a global community of National Geographic Explorers — scientists, educators and storytellers — to illuminate and protect the wonder of our world. Prior to the Society, she spent more than 30 years in higher education, teaching at and leading some of the nation’s premier liberal arts institutions, including Colgate University, Wake Forest University and Colorado College, where she served for nearly a decade.
“Jill and Ralph bring experiences that add unique value to our work to scale America’s talent and innovation infrastructure,” said Arun Gupta, CEO of NobleReach. “They are both exemplars of the leadership we seek to cultivate through our programs, embodying the entrepreneurial mindset and cross-sector acuity required to transcend institutional barriers and drive change.”
In addition to his research and scientific contributions, Semmel has published and presented extensively in the areas of artificial intelligence and large-scale database systems – a testament to his long-standing impact in these emerging technology fields. Tiefenthaler has similarly ushered in a new era of growth and global impact at the National Geographic Society. She launched the organization’s strategic plan to drive significant impact and is leading the launch of National Geographic Museum of Exploration in 2026 — the most significant expansion of the Society’s public space in its 137-year history.
“Jill and Ralph continue to make an enormous impact across the public and private sectors,” said Hon. Lisa Disbrow, Board Chair. “I look forward to working with both of them on initiatives we’re pioneering here at NobleReach to support our nation’s emerging leaders, entrepreneurs and changemakers who will help the U.S. stay ahead of its adversaries in technological and scientific innovation.”
“As a life-long educator, it’s always been incredibly meaningful to me to guide talented young people during the most transformative period of their lives,” said Tiefenthaler. “That’s why I’m honored to join the NobleReach community. Their work creates a catalytic spark: building enriching pathways that empower emerging leaders to ideate, innovate and develop technologies and scientific advancements for good — addressing some of today’s most complex challenges.”
“A robust innovation ecosystem depends on close and trusted connections among leaders in industry, the research community and government, along with a shared commitment to our national and economic security,” said Semmel. “There is so much innovation potential within our nation that we can unleash, and it all starts with building and leveraging the right partnerships between universities, local institutions and federal, state and local agencies.”
About NobleReach™️
NobleReach™️ Foundation, a nonprofit based just outside Washington, D.C., has a mission to strengthen the security and prosperity of our nation through talent and innovation. NobleReach brings together the entrepreneurial agility of the private sector, the ideas of academia, and the scale and purpose of the public sector to drive innovation toward solving our nation’s technological challenges by inspiring the next generation of mission-driven changemakers. Our talent initiatives are focused on bridging professionals in tech and entrepreneurship fields with opportunities in government. Our innovation efforts center around NobleReach experts partnering with government research agencies to commercialize cutting-edge research.
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WASHINGTON, D.C. – April 3, 2024 – NobleReach™, a nonprofit dedicated to scaling private-public partnerships around talent and innovation in the national interest, today announced that Sreenivas (Sree) Ramaswamy would join the team full-time as its Chief Innovation Officer. Sree served as senior advisor to the U.S. Secretary of Commerce from early 2021 to 2024, focusing on emerging technology, supply chain resiliency and industrial policy. As a NobleReach Fellow, he advised the organization on technology, talent and innovation incubation to support U.S. national and economic security.
“NobleReach’s mission to deepen America’s talent and innovation ecosystem to strengthen our national and economic security is a natural corollary to my work in and out of government on emerging technology and industrial policy,” said Sree Ramaswamy, Chief Innovation Officer. “We are at a unique moment of enormous challenge and opportunity, and it’s critical that the private and public sectors align to maximize the competitive utility of our research capabilities.”
Over the last three years, NobleReach has collaborated with over 100 Defense Advanced Research Projects Agency (DARPA) and National Science Foundation (NSF) funded researchers and ventures to build out a path towards dual-use impact.
The Science to Venture program is a platform to drive local innovation in the national interest. Specifically, NobleReach partners with universities, local institutions, and federal agencies to develop local commercialization talent trained in proven methods to identify and advance promising research, driving regional growth and national impact. Sree will lead the innovation and management of the S2V program.
“A true public-private sector ‘dual citizen’ of industry and government, Sree embodies NobleReach’s mission to inspire top entrepreneurial thinkers to solve big problems, bringing his own wealth of experience from both government and the private sector to his new role,” said Arun Gupta, CEO of NobleReach. “Sree’s expertise and background position him perfectly to lead our work to drive innovation in the national interest and build out our Science to Venture program.”
Prior to his service at the Commerce Department, Sree was a Partner in McKinsey & Company’s Washington DC office and at the McKinsey Global Institute (MGI), the non-profit business and economics research arm of McKinsey. Prior to joining McKinsey in 2008, Sree spent nearly a decade in the US aerospace and telecom sectors with roles in engineering and regulatory affairs. He holds three patents, an MBA, and Master’s and Bachelor’s degrees in computer engineering and telecommunications.
About NobleReach
NobleReach™️ Foundation, a nonprofit based just outside Washington, D.C., has a mission to strengthen the security and prosperity of our nation through talent and innovation. NobleReach brings together the entrepreneurial agility of the private sector, the ideas of academia, and the scale and purpose of the public sector to drive innovation toward solving our nation’s technological challenges by inspiring the next generation of mission-driven changemakers. Our talent initiatives are focused on bridging professionals in tech and entrepreneurship fields with opportunities in government. Our innovation efforts center around NobleReach experts partnering with government research agencies to commercialize cutting-edge research.
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WASHINGTON, D.C. –Last week, NobleReach sponsored Howard University’s 19th annual National Minority Case Competition. At this two-day conference, 11 teams comprised of top MBA talent competed to solve real-world challenges, with this year’s focus on strengthening supply chains by harnessing artificial intelligence (AI). After the competition, teams from the University of Alabama (1st place), Georgia State University (2nd place), and The Ohio State University (3rd place) were named winners and awarded over $30,000 in cash prizes for their accomplishments.
This year’s theme, Future-Ready Supply Chains: Integrating AI for Global Social Impact, challenged teams from 11 universities nationwide to develop a comprehensive strategy for strengthening supply chains by leveraging AI. Participating universities included Georgia State University, The Ohio State University, Boston University, University of Rochester, University of Alabama, Southern University, University of Tennessee at Knoxville, North Carolina A&T State University, Suffolk University, Fayetteville State University, and Morgan State University.
“It was an honor to partner with Howard University and to have a front row seat to the hard work and ingenuity of these talented MBA students. They are passionate about solving today’s biggest problems and having a positive impact on our future, and I congratulate them on their many achievements,” said Dr. Linda Bixby, Executive Vice President of Academic Partnerships, NobleReach.
“Congratulations to all the winners and participants of the National Minority Case Competition! Your exceptional work demonstrated your innovative thinking and highlighted the pivotal role our MBA students play in shaping the future of technology. At Howard University, we are incredibly proud to see students leading the charge in finding creative solutions to global challenges,” said Dr. Mariko Carson, Director of Graduate Affairs, Howard University School of Business. “Thank you to our sponsors and to NobleReach for helping to create this year’s memorable competition.”
“There’s nothing more powerful than combining the skills and commercial sensibility you learn in business school and an awareness of the problems that can only be solved by the private and public sectors working together,” said keynote speaker Sreenivas (Sree) Ramaswamy, Fellow, NobleReach and former senior advisor to the 40th US Secretary of Commerce. “The most important lesson I took from my time in government is that public service-minded business talent is the most essential component of strengthening American competitiveness.”
Teams were evaluated on whether their plans aligned with national security priorities and whether they made a positive social impact by ensuring ethical and sustainable supply chains. A panel of judges from NobleReach judged teams on their creativity, clarity, quality of analysis, and more. The winning team was awarded $12,000, the first runner-up received $10,000, and the third received $8,000.
Media can find b-roll HERE and photos can be found HERE.
For media inquiries, please contact:
Katharine Viles
Director of Communications
katharine.viles@noblereachfdn.org
NobleReach Foundation to offer public service curriculum and internship programs to strengthen the pipeline of diverse tech talent to the intelligence community through NSA partnership.
Washington, DC – January 15, 2025 – NobleReach Foundation™ has signed a five-year Education Partnership Agreement (EPA) with the National Security Agency to offer STEM education support, certificate and internship programs, including the Innovation for Intelligence, Innovation for Impact™ curriculum and Innovation for Public Service™ Certificate, to 22 Minority Serving Institutions (MSIs) through a Cooperative Research and Development Agreement (CRADA). The partnership will enable students with critical science, technology and entrepreneurship skills to engage with public service issues, pursue mission-driven work and consider a future career in the intelligence community.
“We worked with NobleReach to secure tangible opportunities for bright, committed young people to put their skills to use solving the unprecedented national security challenges we face,” said Karen Presley, Director, Office of Research and Technology Applications at NSA. “Our greatest strength as a nation is the diversity of its people, who come from all walks of life to answer the call to serve.”
Participating MSIs include:
“Tuskegee University has always been involved in solving national problems,” said Dr. Mark A. Brown, President and CEO of Tuskegee University. “This partnership supports our work to prepare students with industry-appropriate certifications, badging and meaningful internships. This is yet another example of Tuskegee’s dedication to prepare leaders to serve our nation when needed.”
“Our students exemplify the talent we need to compete on today’s global stage,” added Brian Shedd, Executive Director for the Office of Innovation and Commercialization at The University of Texas Permian Basin. “This program provides a welcome avenue to attract strong candidates to the national security community to bolster talent development in essential fields like cybersecurity and AI.”
NobleReach’s Innovation for Impact program is a semester-long for-credit graduate university course that challenges STEM, business and policy students to leverage entrepreneurial methods and tools to solve urgent civil, environmental, security, social and technological challenges in today’s world. The Innovation for Public Service Certificate is a 10-plus credit hour certificate and internship program available to STEM undergraduate students to deepen their exposure to public service and build connections with local and national government, policy research centers and federal agencies.
“Participants in our programs consistently demonstrate the desire to solve big problems and make a positive impact,” said Dr. Linda Bixby, NobleReach Foundation Executive Vice President for Academic Partnerships. “This partnership will create new pathways for mission-driven students to access careers in national security to the benefit of all.”
About NobleReach Foundation
NobleReach Foundation, a nonprofit based just outside Washington, D.C., has a mission to strengthen the security and prosperity of our nation through talent and innovation. NobleReach brings together the entrepreneurial agility of the private sector, the ideas of academia, and the scale and purpose of the public sector to drive innovation toward solving our nation’s technological challenges by inspiring the next generation of mission-driven changemakers. Our talent initiatives are focused on bridging professionals in tech and entrepreneurship fields with opportunities in government. Our innovation efforts center around NobleReach experts partnering with government research agencies to commercialize cutting-edge research.
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Tysons, VA – August 13, 2024 — NobleReach™, a nonprofit dedicated to supporting the U.S. government and nation through talent and innovation, is proud to announce the addition of Mr. Krishnan Rajagopalan to its growing board of directors.
Rajagopalan is a talent acquisition expert with decades of experience across all industries. He currently serves as the CEO Emeritus of Heidrick & Struggles and in his previous role was the CEO of the firm. Heidrick & Struggles is a +$1 billion global leadership advisory firm providing executive search, leadership assessment and development, and culture-shaping services.
“We’re thrilled to welcome Krishnan to the Board and know his experience in talent creation and development will help guide our mission and shape the government’s approach to talent,” said Arun Gupta, CEO of NobleReach. “We have a real superstar in Krishnan. We look forward to working with him and witnessing his impact.”
“As Board Chair, I look forward to working with Krishnan on our top-tier talent programs to support the mission-driven leaders and innovative thinkers who work to help the U.S. remain competitive,” said Hon. Lisa Disbrow, Board Chair.
Rajagopalan was named to Bloomberg Business Week’s “100 Most Influential Executive Recruiters in the World” and has experience recruiting and hiring for companies and organizations from dozens of industries that will aid NobleReach in its talent programs.
“As an incoming Board member, I’m honored to be able to work alongside leading voices in public service, talent acquisition and innovation,” said Rajagopalan. “Supporting talented professionals inside and outside of our government will be a cross-sector effort and I’m thankful to NobleReach for this exciting opportunity.”
About NobleReach Foundation:
NobleReach Foundation, a nonprofit based just outside Washington, D.C., has a mission to strengthen the security and prosperity of our nation through talent and innovation. NobleReach brings together the entrepreneurial agility of the private sector, the ideas of academia, and the scale and purpose of the public sector to drive innovation toward solving our nation’s technological challenges by inspiring the next generation of mission-driven changemakers. Our talent initiatives are focused on bridging professionals in tech and entrepreneurship fields with opportunities in government. Our innovation efforts center around NobleReach experts partnering with government research agencies and universities to commercialize cutting-edge research.
For media inquiries, please contact:
Katharine Viles
Director of Communications
katharine.viles@noblereachfdn.org
19 participants placed at eight federal agencies and three industry-leading tech companies in tech, science and entrepreneurship roles
Washington, DC – August 7, 2024 – The NobleReach™ Foundation today announced the inaugural class of NobleReach Scholars.
These 19 early-career tech, science and entrepreneurship professionals will embark on a one- or two-year journey, stepping into fully compensated roles within government or private sector organizations focused on tackling complex challenges with major societal impact. Each scholar was selected from among hundreds of candidates from 90 universities nationwide, rigorously evaluated and matched to the unique needs of their assigned partner.
This first class of scholars will engage in five critical areas: artificial intelligence, biotechnology, cybersecurity, business process innovation and materials manufacturing.
NobleReach Scholars have been placed at eight federal agencies with responsibilities spanning defense and national security, the economy, climate and health. Additional participants include Anduril, Ozark and Thermaquil, three industry partners at the forefront of public sector innovation.
“Our nation must tap into the best and brightest minds to address the always-evolving wave of challenges we face,” said Jen Easterly, Director of the Cyber and Infrastructure Security Agency, one of the host agencies. “The vigilance and resilience we need to compete on the global stage demands a whole-of-society approach. That starts with people, in and out of government.”
In addition to hands-on experience, scholars will benefit from multidisciplinary programming from mission-driven industry partners and mentorship from leading public and private sector leaders across the five core themes.
“In today’s complex strategic environment, our national security is best served at the intersection of the government and industry sectors,” said Gen. John Raymond, former Chief of Space Operations and mentor for scholars placed at the U.S. Space Force. “The NobleReach Scholars program places incredibly talented young professionals alongside government employees to grow the future workforce needed to maintain the United States’ global advantage.”
“The scholars program aims to inspire a lifelong passion for public service among tomorrow’s leading technologists, scientists and entrepreneurs at the beginning of their careers,” said NobleReach Foundation CEO Arun Gupta. “Wherever their journeys take them – to government, the private sector or academia – NobleReach Scholars will always be part of a community united in their dedication to driving positive entrepreneurial change for societal impact.”
“Our scholars represent the best of a new generation of professionals committed to advancing the public good,” echoed the Honorable Lisa Disbrow, NobleReach Board Chair. “Amid paradigmatic shifts in the technology landscape and unprecedented global security challenges, our competitive advantage is and has always been our young people.”
NobleReach will begin accepting applications for the 2025 cohort on September 30, 2024.
For media inquiries, please contact:
Katharine Viles
Director of Communications
katharine.viles@noblereachfdn.org
About NobleReach Foundation:
NobleReach Foundation, a nonprofit based just outside Washington, D.C., has a mission to strengthen the security and prosperity of our nation through talent and innovation. NobleReach brings together the entrepreneurial agility of the private sector, the ideas of academia, and the scale and purpose of the public sector to drive innovation toward solving our nation’s technological challenges by inspiring the next generation of mission-driven changemakers. Our talent initiatives are focused on bridging professionals in tech and entrepreneurship fields with opportunities in government. Our innovation efforts center around NobleReach experts partnering with government research agencies to commercialize cutting-edge research.
Tysons Corner, VA – August 1, 2024 – Today, NobleReach Foundation launched its inaugural Innovation for Impact™ Educators Training, convening representatives from academia, industry, non-profits and government. This three-day intensive training aims to equip participants with cutting-edge tools and methodologies to inspire and empower the next generation of mission-driven changemakers.
Adapted from Lean Startup principles, the tools and methodology taught during the Educators Training form the cornerstone of the Innovation for Impact course – a graduate-level offering designed to address critical civil, environmental, security, social, and technological challenges through hands-on entrepreneurship education and collaboration with government and the private sector.
“It’s not about creating start-ups, it’s about creating entrepreneurs to solve our most pressing and complex problems,” said Steven Weinstein, creator of the Innovation for Impact course and General Partner at America’s Frontier Fund. “This course is about teaching students the entrepreneurial mindset, helping them realize they can make an impact and giving them the tools to do so.”
The training included collaborative sessions that immersed participants in innovation practices, focusing on practical applications for tackling global challenges. It also featured discussions around technology and talent led by experts including Weinstein, as well as NobleReach Fellow Sree Ramaswamy, former senior advisor to US Secretary of Commerce Gina Raimondo, and Arun Gupta, CEO of NobleReach and author of national bestseller Venture Meets Mission.
“With technology, trust is very important. It is crucial that our broader society, especially youth, are engaged with public service and the challenges that technology and entrepreneurship can help us overcome,” said Gupta. “Give people tech, but more importantly, allow them to learn and explore it—and there’s no better place to explore than at our universities.”
“Our strength is our country’s creativity at the grassroots level, and universities play a critical role in that. The ability to spot and develop new innovations and technologies is our differentiator on the global stage,” said Ramaswamy.
Lauren Barry, an alumna of the Innovation for Impact course at Rollins College, reflected on her transformative experience, noting, “It changed my life, changed how I approach school, and will change how I approach my career.”
Participants heard firsthand from panels of course instructors and student alumni from participating universities including James Madison University, Northwestern University, Rollins College, Stanford University, University of Madison Wisconsin and University of Puerto Rico.
Representation spanned faculty and administrators from 18 universities, underscoring the program’s broad reach and impact. Additionally, participants from non-profit and government organizations included the Center for Climate Strategies, the Charlotte Chapter of the National Black MBA Association, EVRO, a non-profit consultancy for improving accessibility and neuro-inclusivity, and the U.S. Department of State.
NobleReach is committed to partnering with academic institutions around the country, providing opportunities for educators to help their students take advantage of mission-driven career pathways.
For more information about the Innovation for Impact Educators Training or NobleReach Foundation’s initiatives, please visit www.noblereachfoundation.org.
For media inquiries, please contact:
Katharine Viles
Director of Communications
katharine.viles@noblereachfdn.org
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About NobleReach Foundation:
NobleReach Foundation, a nonprofit based just outside Washington, D.C., has a mission to strengthen the security and prosperity of our nation through talent and innovation. NobleReach brings together the entrepreneurial agility of the private sector, the ideas of academia, and the scale and purpose of the public sector to drive innovation toward solving our nation’s technological challenges by inspiring the next generation of mission-driven changemakers. Our talent initiatives are focused on bridging professionals in tech and entrepreneurship fields with opportunities in government. Our innovation efforts center around NobleReach experts partnering with government research agencies to commercialize cutting-edge research.
Tysons, VA – May 20, 2024 – NobleReach® is proud to announce its official launch, marking a significant milestone in the organization’s journey of growth and impact to help inspire the brightest minds in America to become mission-driven changemakers. Since its founding in 2022, NobleReach has achieved notable early milestones and grown into a dynamic team of over 50 dedicated professionals committed to strengthening the security and prosperity of our nation through talent and innovation.
“As Board Chair, I am thrilled to see the progress that NobleReach has made to fulfill the charitable goals of the Board in creating the organization two years ago. By fostering academic programs, top-tier talent programs, and purposeful innovation, we’re shaping the future and nurturing the next generation of mission-driven leaders.”- said the Hon. Lisa Disbrow, Board Chair.
“The official launch of NobleReach represents a pivotal moment for our organization as we reflect on the incredible journey of growth and impact over the past two years,” said Arun Gupta, CEO of NobleReach. “We are immensely proud of the strides we’ve made in advancing talent and innovation and look forward to continuing to drive a spirit of optimistic and mission-driven change with industry and academia in support of our government and national prosperity.”
For more information about NobleReach® Foundation and its initiatives, please visit our newly launched website, noblereachfoundation.org.
For media inquiries, please contact:
Tina Anthony
SVP, Marketing and Communications
tina.anthony@noblereachfdn.org
About NobleReach Foundation:
NobleReach® Foundation, a nonprofit based just outside Washington, D.C., has a mission to strengthen the security and prosperity of our nation through talent and innovation. NobleReach brings together the entrepreneurial agility of the private sector, the ideas of academia, and the scale and purpose of the public sector to drive innovation toward solving our nation’s technological challenges by inspiring the next generation of mission-driven changemakers. Our talent initiatives are focused on bridging professionals in tech and entrepreneurship fields with opportunities in government. Our innovation efforts center around NobleReach experts partnering with government research agencies to commercialize cutting-edge research.
Tysons, VA – April 18, 2024– NobleReach® Foundation, a nonprofit dedicated to supporting the U.S. government and nation through talent and innovation, is proud to announce the integration of the Common Mission Project’s (CMP) Hacking for Impact staff and ongoing on-campus programs into its growing portfolio of mission-driven university programs.
Arun Gupta, CEO of NobleReach, said: “We are thrilled to welcome CMP’s Hacking for Impact program and team into the NobleReach family. This integration signifies more than just shared values and missions; it embodies a commitment to driving positive change. We are actively shaping a brighter future by empowering students to harness innovation and startup principles, fostering impactful societal change, and arming them with entrepreneurship skills.”
As a part of NobleReach, the Hacking for Impact program will adopt the new name “Innovation for Impact™” to align with NobleReach’s growing suite of academic programming and relationships with 400+ universities, including minority-serving institutions. NobleReach has recently launched its inaugural Scholars Program, which places early career talent with tech and business degrees into fully compensated roles within government or mission-driven organizations. In March, NobleReach collaborated with Purdue University’s College of Engineering to launch a first-of-its-kind Innovation for Public Service Certificate™.
“We are excited NobleReach is taking on the Hacking for Impact program to scale it across the United States,” said Pete Newell, Chairman of the CMP Board of Directors. “Through NobleReach’s extensive university partnerships and talent programs, this critical mission-driven entrepreneurship curriculum in climate, oceans, and the environment will inspire new mission-driven leaders. This exciting new chapter will harness innovation for the greater good.”
Innovation for Impact under NobleReach remains committed to enabling students to tackle the critical climate, oceans, environmental, and other issues we face as a nation and world through applied, experiential entrepreneurship education and convening the government and venture community into the classroom around these critical public problems.
“NobleReach Foundation looks forward to building on the innovative work of the Common Mission Project and scaling the reach and impact of Innovation for Impact with universities across the United States,” said Dr. Linda Bixby, Executive Vice President for Academic Programs at NobleReach.
For media inquiries, please contact:
Tina Anthony
SVP, Marketing and Communications
tina.anthony@noblereachfdn.org
About NobleReach Foundation:
NobleReach® Foundation, a nonprofit public charity based just outside Washington, D.C., operates at the intersection of industry, academia, and government. Its mission is to strengthen the security and prosperity of our nation through talent and innovation. Talent initiatives are focused on bridging professionals in tech and entrepreneurship fields with opportunities in government. Innovation efforts center around NobleReach experts partnering with government to support for the commercialization of cutting-edge, government-backed research.
Tysons, VA, Washington, DC & New York, NY – LMI, a provider of technology-enabled management consulting, logistics and digital & analytics solutions to the U.S. government, has agreed to sell its for-profit subsidiary to a consortium of investment firms: Declaration Partners (backed by the family office of David M. Rubenstein), Capitol Meridian Partners, and 22C Capital. The for-profit subsidiary will retain the LMI name. The remaining entity will be re-branded as nonprofit NobleReach Foundation™ and be a free-standing independent entity. Terms of the transaction, which is expected to close in Q3 2022, are not disclosed.
Doug Wagoner, LMI president and CEO, said, “This new partnership will better position LMI to innovate and support the missions of its government customers. Declaration, Capitol Meridian, and 22C bring an extensive knowledge of the government marketplace and a deep technology expertise, strengthening our ability to help our customers solve their complex challenges.” He added, “Our people are our greatest asset. This opportunity expands our ability to attract and retain the best talent while maintaining our winning LMI culture.”
“The federal government is in the early stages of a generational digital transformation of IT infrastructure. Under the proven and inspired leadership of Doug Wagoner, LMI is well-positioned to continue to be the technology solutions provider of choice to a range of government agencies,” said Adam Palmer of Capitol Meridian Partners, Elliot Wagner of Declaration Partners, and Eric Edell of 22C Capital.
They added, “We will support Doug and his team as they build on LMI’s rich 60+ year history of relationships in a cross-section of the federal government and accelerate the evolution of the platform into a digital-focused, tech-enabled solutions provider leveraging an in-house technology incubator to better serve its customers.”
Founded in 1961 to help the Department of Defense resolve complex challenges, LMI provides digital services, advanced analytics, logistics, and management advisory services across the federal government, including the Department of Defense, the Department of Homeland Security, and the health and intelligence communities.
The Honorable Lisa Disbrow, LMI’s chair, commented, “The evolution and separation of LMI and NobleReach Foundation™ is a necessary force multiplier that accelerates the opportunity to realize LMI’s mission and charter—driving greater value for employees, government, and society through two unique, exceptional organizations.”
KippsDeSanto & Co. served as the M&A advisor to LMI, and Macquarie served as M&A advisor to the investors. The investors were also advised by Latham & Watkins, Sidley Austin, and Paul Weiss on various aspects of the transaction.
LMI is a consultancy dedicated to powering a future-ready, high-performing government, drawing from expertise in digital and analytic solutions, logistics, and management advisory services. We deliver integrated capabilities that incorporate emerging technologies and are tailored to customers’ unique mission needs, backed by objective research and data analysis. Founded in 1961 to help the Department of Defense resolve complex logistics management challenges, LMI continues to enable growth and transformation, enhance operational readiness and resiliency, and ensure mission success for federal civilian and defense agencies.
Declaration Partners is a private investment firm that seeks to be a value-added capital partner and strategic resource to management teams and asset owners where patient, flexible capital provides an advantage. Declaration has approximately $2.5 billion in assets under management across its investment strategies, which include growth equity, real estate, platform company investments, fund seeding, and other opportunistic strategies. Anchored by the family office of private equity veteran and philanthropist David M. Rubenstein, Declaration invests on behalf of family offices and like-minded institutional investors. The firm was founded in 2017 and is headquartered in New York with an office in the Washington, DC area.
Capitol Meridian Partners was formed in 2021 to invest at the nexus of commercial and government markets, targeting opportunities where the firm can invest and drive value creation through active engagement with management. The firm draws upon the deep network of industry veterans curated over 25+ years of its principals’ experience in the sector to bring thoughtful strategic resources to each investment opportunity.
22C Capital is a private investment firm committed to delivering capital and critical resources to companies operating at the intersection of technology enablement and data analytics adoption. 22C partners with world-class management teams to build leaders in their respective markets. The firm’s operational and technology resources, including its affiliated data science organization, deliver practical, real-world support to help convert businesses’ challenges into opportunities and unlock their full potential.
Media Contacts
LMI
Robin Milton
(703) 727-8517
wmilton@lmi.org
Declaration, Capitol Meridian, and 22C Capital
Chris Ullman
(202) 641-2234
chris@chrisullman.com