DLS Marine is now the Marine Practice of The McLean Group
The McLean GroupDLS Marine Survey & Appraisal
Industry Focus

Defense, Government & Intelligence

We have been helping defense and government services contractors since 1997.

Overview

M&A and corporate finance for federal contractors

The McLean Group’s DGI practice provides M&A advisory and corporate finance services to middle-market defense and government companies. The team is led by senior finance experts, former industry executives, and former military and intelligence professionals.

We have completed transactions with many of the industry’s most prominent strategic buyers and defense and government-focused private equity firms, and we maintain close working relationships with key decision makers at the sector’s large and mid-tier public and private firms.

Our clients provide products and services to the DoD, the Intelligence Community and civilian government agencies.

Sector Coverage

Where our clients operate

Information Technology

Systems Engineering
Network Engineering
Software Development
Database Architecture
Hardware Manufacturing
Facilities Management

Advisory / Consulting

Financial and Strategic
International Development
Management
Human Capital
Acquisition
Health & Safety

Communications

C4ISR
SATCOM
Secure Networks
Component Manufacturing
Biometrics and Forensics
Information Assurance
Senior Team

Who leads the practice

Joshua Butler
Joshua ButlerManaging DirectorAdvises founder-owned businesses, sponsor-backed companies and corporate divestitures. Formerly Baird and Barclays Capital.jbutler@mcleanllc.com703.827.0008LinkedIn →
Mitch Martin
Mitch MartinManaging Director, Co-head DGILed or co-led more than 100 DGI transactions. West Point honors graduate, former Army infantry commander, MIT Sloan MBA.mmartin@mcleanllc.com703.752.9009LinkedIn →
Andy Smith
Andy SmithManaging Director, Co-head DGICPA accredited in business valuation, named a Super CPA by the Virginia Society of CPAs and a Top 50 CPA in Washington, DC.asmith@mcleanllc.com703.827.0233LinkedIn →
Track Record

Selected DGI Transactions

All Transactions →
Microtel acquired by Tyto Athene, an Arlington Capital portfolio company
Groundswell Consulting Group acquired by CollabraLink
Babel Street acquired by Veritas Capital
Applied Defense Solutions acquired by L3
Recent Publication

2025 M&A Year In Review

Our annual look at deal volume, valuations and buyer behavior across the defense and government services market.

Download the Report

Thinking about a transaction in the federal market?

A conversation with the DGI team costs nothing and usually clarifies timing, readiness and who the real buyers are.