With 1,200 employees and a strong presence in the space and classified information services sector, Scitor, a leading provider of systems engineering, financial and management consulting, information services and other services for national priority government programs, was an attractive acquisition candidate. For Los Angeles-based Leonard Green & Partners (LGP), one of the nation's preeminent private equity firms, Scitor represented what would be the first government services company in its portfolio. In September 2007, Jefferies' Aerospace & Defense investment banking group acted as the exclusive financial advisor to Scitor in its sale to LGP for an undisclosed amount. Jefferies also served as the co-lead arranger and joint bookrunner on a $187.5 million committed secured credit facility, which supported LGP's acquisition of Scitor. The proper positioning of Scitor to buyers and financing sources was crucial to the success of these transactions as Jefferies balanced the diligence needs of potential buyers, lenders and ratings agencies, while keeping in mind Scitor's confidentiality requirements. Additionally, the Scitor financing was one of the first "regular way" syndicated loan transactions following a trend of market turbulence over the summer. Despite the market slowdown, Jefferies' pricing strategies were well received by the market and the deal offered new opportunities for Scitor to expand the range of its solutions and build on its platform. The transaction was hailed by Washington Technology as the #1 Big Impact Deal of 2007.