Generational Group Advises Analysis, Design & Diagnostics in its Sale to SEACORP
By Generational Group
12/13/2021
Generational Group, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client Analysis, Design & Diagnostics, Inc. to SEACORP LLC. The acquisition closed December 7, 2021.
Analysis, Design & Diagnostics, Inc. (AD&D), located in Jacksonville, Florida, was founded in 1992 by owner and president Gary Donoher, and specializes in Acoustic Analysis, Underwater Acoustic Sensors, Advanced Data Processing and Modeling technologies for both marine mammal research and tactical naval applications. The Company’s state-of-the-art technology has been selected as a key component in the Navy’s next-generation naval mining capabilities portfolio.
As a leader in low power sensors and automated detection and classification technology, the Company’s technology is being integrated into unmanned undersea vehicles (UUVs) for improved situational awareness and in support of the Navy’s Anti-Submarine Warfare programs. The same technology is also being integrated into manned undersea platforms for force protection. The Company’s automated technology has played a key role in support of the Navy’s compliance with the Marine Mammal Protection Act and the Endangered Species Act.
SEACORP, LLC (SEACORP), a leading provider of engineering services and technology to the United States Navy. SEACORP is owned by KAPCO Defense, LLC, who purchased the company in March of 2021. SEACORP was founded in 1981 and has operations in Rhode Island, Connecticut, and Virginia. SEACORP has enjoyed steady, planned growth for over three decades. During this time, SEACORP has become the second-largest contractor to the Naval Undersea Warfare Center in Newport. SEACORP has been fully certified by NQA to the ISO 9001:2015 Quality Management System standards and is also Capability Maturity Modeling Integration (CMMI) Level II certified.
“We are excited to have Gary and the AD&D team join SEACORP. Their technical expertise complements and enhances much of the work SEACORP performs for the Navy,” said SEACORP Vice President Jason Vetovis. “This acquisition will allow the expansion of SEACORP’s existing Electromagnetic Systems portfolio through the integration of AD&D’s enhanced acoustics collection and processing capabilities.”
Mr. Donoher will continue with the company with a new title of Director of Southeast Operations, and the entire AD&D team will integrate into SEACORP’s Electronic Warfare Hardware Business Area.
“We are excited about the potential to further grow our business with the additional capabilities within SEACORP,” shared Mr. Donoher.
Generational Group Executive Managing Director, M&A-Technology Practice Leader, David Fergusson, and his team, led by Managing Director, M&A, Barry DeWitt, with the support of Vice President Mergers & Acquisitions, Alex Mironov, successfully closed the deal. Senior Managing Director Terry Stidham established the initial relationship with AD&D.
“Seacorp is a great acquiror for AD&D and its employees. The companies fit well together and with the acquisition complete, Seacorp can now leverage its ability to further develop and market AD&D’s cutting-edge acoustic sensor and data processing technology,” said DeWitt.
About Generational
Generational Group, headquartered in Dallas, TX, is a leading, award winning full-service M&A advisory firm. Generational has over 300 professionals across 16 offices in North America. The firm empowers business owners to unlock the full value of their companies through a comprehensive suite of services—including strategic growth consulting, exit planning education, business valuation, value enhancement strategies, M&A advisory, digital solutions, and wealth management.
Celebrating its 20th year, Generational has successfully closed nearly 1,800 transactions and has ranked #1 or #2 in all LSEG league tables for deals valued between $25 million and $1 billion in 2022, 2023, and 2024.
The firm was named 2024 USA Investment Banking Firm of the Year by the Global M&A Network and recognized as Investment Banking Firm of the Year by The M&A Advisor in 2022, 2024 and 2025.