Thematic: software JOIN BETA
 
  back to the issue
STRATEGIC  |  GOVTECH · Defense & Intelligence
JANUARY 13, 2026
Bart & Associates (DFW Capital Partners) acquires Celestar
TARGET
Celestar
Celestar delivers multi-INT intelligence analysis, data enterprise support, and training solutions to U.S. Department of Defense and Intelligence Community agencies.
OwnershipFounder-owned
Headcount201-500 FTEs
HeadquartersTampa, Florida
Leadership
Gregory J. Celestan, Chief Executive Officer
Sell-side advisorD.A. Davidson
ACQUIRER
Bart & Associates
Portfolio company of DFW Capital Partners
OwnershipPE-backed · DFW Capital Partners
Headcount490 FTEs
HeadquartersMcLean, Virginia
Leadership
Jonathan Evans, President and CEO
Buy-side advisor
Spotted an error or advised on this transaction? Claim credit or send a correction
    MORE IN GOVTECH
Northcote Equity takes a minority stake in Aquila Learning Defense & IntelligenceSEP 17
Aquila Learning – training lifecycle management software (ALaRMS) for defence and aerospace organisations, covering analysis, design, delivery and assurance of complex, high-risk training programmes 
Kofile Technologies, Inc. (Audax) acquire ScantekSEP 16
Scantek – high-volume document scanning, digitization, records management, and cloud-based archiving services for government, healthcare, education, financial services, and manufacturing organizations in the Northeast 
TPG invests in Tablet Command Public Safety & JusticeSEP 16
Tablet Command – real-time incident command and response software for fire departments and public safety agencies, digitizing tactical command, unit tracking, personnel accountability, and post-incident reporting 
Volaris Group (Constellation Software) acquires Matrix Booking Civic Services & LibrariesSEP 15
Matrix Booking – desk, room, and resource booking SaaS for UK Central Government, Local Government, NHS trusts, and enterprise organisations managing hybrid workplaces 
Ubicquia acquires Databuoy Corporation Public Safety & JusticeSEP 14
Databuoy Corporation – acoustic gunshot detection and localization software and sensors for law enforcement, schools, airports, stadiums, utilities, and critical infrastructure operators 
NexPhase Capital invests in EVERYWHERE Communications Public Safety & JusticeSEP 14
EVERYWHERE Communications – mission-critical software platform combining resilient communications, workforce safety automation, and real-time situational awareness for government agencies and enterprise organizations operating in demanding environments across 175+ countries 
Browse the full register
 
Thematic: software SEARCH   CONTACT
© 2026 Thematic   |  Privacy Policy   |  Terms of Service
Thematic is a news publication, not an investment adviser. Nothing here is investment advice or a recommendation to buy or sell any security. Researched and compiled by Thematic; accuracy and completeness are not guaranteed.