Bill Strang has significant management and operational experience in both government services and commercial companies. Over the past 25 years Bill has been a founder, majority owner, and principal executive at three separate companies. Two of these platforms, Sylvest Management Systems Corp. and NetStar-1, Inc., were exclusively focused on the defense and government services marketplace. Bill developed and managed a team that grew these firms both organically and through strategic acquisitions. After successfully operating and growing the businesses, he facilitated their sales to well established strategic and financial buyers that included The Carlyle Group, Dimension Data and Lake Capital.
Bill has repeatedly demonstrated his ability to identify attractive segments of industry growth and emerging market trends to create value in his business endeavors. By leveraging his industry expertise, Bill capitalized on the changing federal contract environment and related procurement reform initiatives in the early 1990s to enhance value for his first platform company, Sylvest Management Systems Corp.. He accomplished this by positioning Sylvest Management Systems Corp. to be among the first businesses to secure large-scale Government-wide Acquisition Contracts (GWACs). This strategy facilitated rapid organic growth for the company and made it an attractive acquisition target for larger private equity groups and strategic buyers. Concurrently, Bill cultivated a small commercial division which was ultimately spun-out of Sylvest Management Systems Corp. as part of its $50 million sale to the Carlyle Group in 1997, becoming Bill’s second platform business. Within four years, Bill and his team expanded the business from $3 million to $140 million in annual revenue through organic growth and two acquisitions of small, capability-enhancing companies. The commercial business was ultimately sold to Dimension Data for $150 million in 2001.
In 2002, with minimal capital investment, Bill established NetStar-1, Inc., a company focused on federal IT solutions. Bill led the company to successfully grow the business both organically, and through selective acquisitions resulting in a majority investment by Lake Capital in 2007. Bill stayed on as CEO to lead the next stage of growth for NetStar-1 resulting in a sale of half the Company in 2010. Upon the sale in 2010, Bill stepped down as CEO and now serves as non-executive Chairman of the Board.