Foley Represents ASEC in Sale to Markon

Foley & Lardner LLP represented Advanced Systems Engineering Corporation (ASEC) and its affiliated family of companies, leading providers of systems engineering, security, and programming support services to the federal government, in their sale to Markon, a government consulting firm backed by Sterling Investment Partners.

The acquisition reinforces Markon’s position as a trusted partner to federal agencies, particularly within the Intelligence Community and Department of Defense. ASEC’s focus areas – management, finance, systems engineering, cybersecurity, and software development – complement and align with Markon’s core competencies, enhancing the company’s capabilities to advance federal missions.

The Foley transactions team was led by partner Joe Derrigo, senior counsel Erin Hoffert, and associates Alison Hart and Miguel Beltran, with key subject matter expertise provided by government contracts partner Erin Toomey and associate Caitlin Trevillyan, as well as tax partner James Howard and associate Jacob Davis.