Declining Federal budgets and the uncertainty regarding backlog and future profitability will continue to impact valuation multiples in the Government Contracting sector. As our customers focus on alternative long term strategies for growth we will assist them with planning, due diligence, and preparation for either buy or sale side and ESOP alternatives. We utilize our years of expertise and proven strategic partners to assist customers in the planning, executing and modeling of these alternatives. Our team has performed strategic consulting to connect clients with investment bankers who are familiar with the industry and have a key understanding of the requirements necessary to facilitate a successful merger or acquisition in the government space. We also work closely with clients who are actively seeking growth opportunities through acquisition, and assist them with identifying potential targets and focused due diligence related to contract backlog and the target’s exposure to compliance risk.