May 2016
DLH Holdings Corp.
Canaccord Genuity acts as financial advisor to DLH Holdings in connection with its acquisition of Danya International
Canaccord Genuity is pleased to announce that on May 3, 2016 its client, DLH Holdings Corp. (NASDAQ: DLHC), completed the acquisition of Danya International, a leading provider of technology-enabled program management, consulting, and digital communications solutions to the Federal Government.
DLH Holdings Corp. serves clients throughout the United States as a healthcare services provider to the Federal Government in health and medical logistics. Headquartered in Atlanta, Georgia the company was named a Top 100 Public Company by Georgia Trend and is a member of the National Defense Industry Association. DLH has over 1,250 employees working in 30 states throughout the country.
The acquisition of Danya International significantly expands DLH Holdings’ business in current and adjacent federal agencies. Danya's customers and capabilities are highly complementary to DLH’s existing work with the Department of Veterans Affairs ("VA"). The combined entity is a pure-play, technology-enabled government healthcare and human services company with a customer base including four of the largest government health agencies.
Canaccord Genuity acted as exclusive financial advisor to DLH Holdings in connection with the transaction. In this role, Canaccord Genuity helped advise on the transaction and provided assistance to the company in arranging debt financing.