- Details
- By Tribal Business News Staff
- Native Contracting
Chickasaw Nation Industries, Inc. (CNI) said last week that it acquired a Washington, D.C.-based management consulting firm that works with the federal government and the private sector.
Norman, Okla.-based CNI, a federally chartered corporation that is wholly owned by the Chickasaw Nation, said in a news release that it completed the acquisition of Washington Business Dynamics, LLC (WBD), an 11-year old consulting firm that provides business optimization services, mission management, and strategic solutions to federal customers in the civilian and defense sectors. The firm has won a variety of contracts across the Department of Defense and an alphabet's soup of federal agencies including the USDA, HHS and GSA, among others.
“Partnering with CNI will allow the WBD team to scale more quickly and still provide tremendous value to our customers,” WBD President Scott Caldwell said in a statement.
“We also see a close cultural fit with CNI’s core values around integrity, accountability, and customer service,” added WBD Co-Founder and Executive Vice President Keith Fawcett.
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WBD will augment CNI’s existing consulting practice with new customer relationships and top tier experts. With nearly 200 active contracts and 30+ federal agencies served by the CNI family of companies, WBD’s team of consultants will have exciting new opportunities to help federal clients solve difficult problems.
“We are excited about the synergies between WBD and our Federal Services division,” CNI President and CEO David Nimmo said in a statement.
The deal to acquire WBD is the third acquisition for CNI since 2021. Previous acquisitions supported their clients with cyber security services, systems engineering and integration, and program management support.
Stout Investment Bank served as the financial adviser to WBD. Bean, Kinney & Korman provided legal services to WBD. McAfee & Taft served as legal advisor to CNI.