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TASC-Affiliated Birch Parent Corp. Raises $4.3M - CBL
By Citybizlist Staff
CHANTILLY, Va. -- According to a Reg D filing with the U.S. Securities and Exchange Commission, start-up Birch Parent Corp. has raised $4.29 million from 12 investors through an open-ended equity offering.
Principals named in the filing include President and CEO T. Wood Parker; Bradley Kopp, CFO, treasurer and assistant secretary; Joseph Dodd, head of business development, secretary and assistant treasurer; and Vice Presidents Albert Pisani, Kerry Rines, Pamela Drew and Patrick Talty. All of them are part of TASC Inc., which shares the same Chantilly, Va., address as Birch.
TASC offers systems engineering and analytic expertise to help solve security challenges and threats. The company is a partner with global growth investor General Atlantic, based in Greenwich, Conn., and with Kohlberg Kravis Roberts & Co., a global alternative asset manager. KKR is based in New York and has office locations including Washington, D.C., and Houston.
Directors named in the Birch filing are David Langstaff, Steven Denning and Philip Trahanas, all of General Atlantic, and Adam Clammer, James Greene and David Kerko, the latter three of KKR.
Reg D filing: http://tinyurl.com/yal6fbl
Bios from TASC's Web site:
T. Wood Parker - President and CEO of TASC
Wood Parker leads a team of nearly 5,000 employees responsible for providing mission-focused advanced systems engineering and advisory services across the Intelligence Community, Department of Defense and civilian agencies of the federal government. TASC's broad portfolio of services includes cyber security; advanced concept and technology development; enterprise engineering and integration; program, financial and acquisition management; system/policy studies and analysis; test and evaluation; and program protection engineering. TASC also maintains numerous engineering and research laboratories and manages a robust independent research and development program to establish and deliver mission-critical technologies and capabilities.
Bradley Kopp - CFO of TASC
Brad Kopp oversees all aspects of business management for TASC. This includes finance and accounting operations, planning and budgeting, contracts and pricing, program business management, and procurement and subcontract administration. Prior to joining TASC, Mr. Kopp served as a director of Business Management for Northrop Grumman's Civilian Agencies group and the Defense group. There, he led many group-level initiatives, including cash flow improvement activities and the IT sector's contract set-up process improvement team.
Joseph Dodd - Vice President, National Systems
Joe Dodd leads TASC's business development, capture, proposal, strategy and marketing efforts. He is responsible for extending the company's success with existing customers in the defense, intelligence, federal, state and local markets and helping shape and capture new program opportunities consistent with business objectives. This includes both pursuit strategy development and customer influence activities associated with program formulation, funding and oversight support. Since joining TASC, Mr. Dodd has led growth initiatives foundational to increasing the division's revenues and new business pipeline by nearly 50 percent.
Albert Pisani - Vice President, Intelligence Operations
Al Pisani oversees the TASC organization that delivers specialty engineering, technical analysis, life cycle programmatic support and tactical operations support to the Defense and Intelligence Communities worldwide.
Kerry Rines - Vice President, National Systems
Dr. Kerry D. Rines oversees TASC's organization of highly skilled employees providing systems engineering, strategic planning, studies and analysis, systems integration, operations support, and program protection engineering for sophisticated national systems.
Pamela Drew - Vice President, Enterprise System
Dr. Pam Drew leads a team of more than 1,000 TASC employees who provide systems engineering, technology and architecture assessment, test and evaluation, and advisory services to the federal and civil, global security and selected military markets.
Patrick Talty - Vice President, Mission Engineering
Pat Talty leads a team of more than 1,700 personnel. He is responsible for the execution of an enterprise serving more than 45 organizations across the Intelligence Community, the Department of Defense and multiple defense agencies, including the Missile Defense Agency. Mr. Talty's team supports government organizations across the full weapon systems' acquisition life cycle. Their competencies include systems engineering and integration, policy studies and analysis services impacting national defense strategy, mission engineering and mission assurance, cyber security and acquisition, and financial management services.
Directors
Bios from General Atlantic's Web site:
Steven Denning - Chairman of General Atlantic
Steven A. Denning is the Chairman of General Atlantic. He joined the firm in 1980 and has built the organization into one of the leading global equity investment firms focused exclusively on investing in growth companies. He is a director of TASC, Inc. (Private), Gavilon Holdings, LLC (Private), IHS, Inc. (NYSE: IHS), Genpact (NYSE: G) and The Thomson Reuters Corporation (NYSE: TRI; TSX: TRI).
Mr. Denning joined General Atlantic after working with McKinsey & Company as a consultant. He received an MBA from Stanford Business School in 1978. Prior to business school, Mr. Denning served six years in the U.S. Navy, where he also obtained an MS degree from the Naval Postgraduate School in Monterey, California. He received a BS from the Georgia Institute of Technology in 1970.
Mr. Denning is a member of the Board of Trustees of Stanford University, the Advisory Board of the School of Economics and Management at Tsinghua University and serves on the Executive Committee and the Board of The Brookings Institute. He is Vice Chairman of the Board of the American Museum of Natural History and a member of the Board of Directors of The Nature Conservancy. He is Emeritus Chairman of the Stanford Graduate School of Business Advisory Board and a member of the Council on Foreign Relations, the McKinsey Investment Office Advisory Council, the Board of Trustees of the Bridgespan Group and the Georgia Tech Advisory Board. He was formerly a member of the Board of Trustees of the National Parks Conservation Association, the Connecticut Science Center, the Georgia Tech Foundation and the Cancer Research Institute.
David Langstaff - Special Advisor of General Atlantic
David H. Langstaff is a Special Advisor for General Atlantic, a global growth equity firm. In this role, Mr. Langstaff supports GA's active value-added approach to partnering with growth companies by providing strategic counsel to GA and its portfolio companies in the Business Services and Technology sector with a particular focus on government services.
Mr. Langstaff previously served as President, CEO and Director of Veridian Corporation, which specialized in mission-critical national security programs primarily for the intelligence community, military and other U.S. Government agencies involved in law enforcement and homeland security. In addition, Mr. Langstaff served as Executive Vice President and Chief Operating/Financial Officer of Space Industries International, Inc., which in 1993 merged with Calspan SRL Corporation.
Mr. Langstaff serves on the Board of Directors of SRA International (NYSE: SRX), where he Chairs the Compensation and Personnel Committee, and is a Trustee of The Committee for Economic Development. He also serves as a moderator of executive leadership seminars with The Aspen Institute, and chairs the Advisory Board of the Business and Society Program of The Aspen Institute, a policy program focusing on business education, ethics and values, and the challenge of confronting the behaviors and practices that contribute to excessive corporate and investor emphasis on short term performance.
Mr. Langstaff received a Bachelor of Arts degree, cum laude, from Harvard College in 1977, and earned a Master of Business Administration degree from the Harvard Graduate School of Business Administration in 1981.
Philip Trahanas - Managing Director of General Atlantic
Philip Trahanas is a Managing Director at General Atlantic, a global growth equity firm. Mr. Trahanas has a combination of experience in operating, investment banking and private equity roles. Mr. Trahanas co-leads the Firm's Business Services & Technology sector, and is a member of the Board of Directors at Trow Global, TASC and Quality Technology Services. Prior board affiliations include SRA International (NYSE: SRX), PowerDsine, Vindigo and ZTango among others.
Mr. Trahanas joined General Atlantic in 2000 from Morgan Stanley. During his tenure within Morgan Stanley's Investment Banking division, Mr. Trahanas worked on the High Technology Corporate Finance team, was a Merger and Acquisition specialist and was a member of the division's operating management team. His experience includes a wide array of financing and strategic M&A transactions across a broad range of industry sectors. Prior to joining Morgan Stanley, Mr. Trahanas was an electrical engineer at General Electric, where he specialized in communications equipment and semiconductor design.
Mr. Trahanas holds a B.E. in Electrical Engineering from The Cooper Union for the Advancement of Science and Art. He attended the University of Pennsylvania for his advanced studies and received an MBA from the Wharton School, where he graduated as a Palmer Scholar, and an M.S. in Engineering from the Moore School of Engineering.
Mr. Trahanas is a Trustee of The Cooper Union for the Advancement of Science and Art.
Bios from KKR's Web site:
Adam Clammer
Adam H. Clammer joined KKR in 1995 and currently heads the Technology Group. He has been actively involved with several companies, including Aricent (fka Flextronics Software), Avago Technologies (fka Agilent Semiconductor), Borden, Intermedia Communications, Jazz Pharmaceuticals, MedCath, NuVox, NXP (fka Philips Semiconductor), RELTEC, SunGard Data Systems and TASC. He is currently on the board of directors of Aricent, Avago, Kodak, NXP and TASC and is a member of the Operating Committee of SunGard. Prior to joining KKR, Mr. Clammer was with Morgan Stanley & Co. in Hong Kong and New York in the Mergers and Acquisitions department. He received a B.S. from the University of California and an M.B.A., with High Distinction, Baker Scholar, from Harvard Business School.
James Greene Jr.
James H. Greene, Jr. joined KKR in 1986. Since then, he has been involved with numerous portfolio companies. He played a significant role in the development of Accuride, Aricent, Avago Technologies, Intermedia Communications, NuVox (NewSouth Communications), Owens-Illinois, Randall's Food Markets, RELTEC, RJR Nabisco, Safeway, Shoppers Drug Mart, Stop & Shop Companies, Sun Microsystems, SunGard Data Systems, Tenovis and Zhone Technologies. Currently, he is on the board of directors of Aricent, Avago Technologies, NuVox, SunGard Data Systems and Zhone Technologies. He is head of the Industrials industry team and co-head of the Technology industry team. Prior to joining KKR, Mr. Greene had 14 years of banking experience as a Vice President of Bankers Trust Company in Los Angeles where he was involved in large corporate lending, management buyout financings and other merger and acquisition transactions, including KKR transactions. He has a B.S. from the University of Pennsylvania.
David Kerko
David M. Kerko has been with KKR since 1998 and was actively involved in the investments in Borden, Toys 'R' Us and NXP (formerly Philips Semiconductor). He is a member of the Technology industry team. Currently, he is on the board of directors of Avago Technologies. Prior to joining KKR, Mr. Kerko was with Gleacher NatWest Inc. where he was involved in a broad range of merger and acquisition transactions and financing work. He holds a B.S., summa cum laude, from The Wharton School, and a B.S.E., summa cum laude, from the School of Engineering and Applied Sciences, University of Pennsylvania. He was awarded the A. Atwater Kent Prize for top electrical engineering graduate.
