DLT Solutions

Last updated
DLT Solutions, LLC
Type Limited Liability Company
Founded1991 [1]
FounderThomas J. Marrelli
Headquarters
Herndon, Virginia
,
USA
Key people
Art Richer, CEO

Joe Donohue, CFO

Brian Strosser, President
Number of employees
350 (2019)
Website https://www.dlt.com/
Office of DLT Solutions in Herndon, Virginia DLT Bldg.jpg
Office of DLT Solutions in Herndon, Virginia

DLT Solutions is an American company in Herndon, Virginia. It is a value-added reseller of software and hardware and professional services provider to the federal, state, and local governments as well as educational institutions.

Contents

DLT Solutions was founded in 1991 by Thomas Marrelli, who died in 2002. In 2005, his heirs sold DLT Solutions to then–DLT President and Chief Executive Officer Rick Marcotte and then-Chief Financial Officer Craig Adler. DLT Solutions had revenue of roughly $800 million in 2012, $857 million in 2013 and over $900 million in 2014. In 2015, DLT was sold by majority owner MTZP Capital Group to private equity firm Millstein & Co. In 2015, the company had 230 employees in the Washington metropolitan area.

The company primarily resells software and hardware from Autodesk, Dell Software, Red Hat, Oracle Corporation, and Symantec. In 2014, it released two products, CODEvolved and Cloud Navigator, to help public-sector employees learn and implement cloud computing products.

History

DLT Solutions was founded in 1991 by Thomas J. Marrelli. [2] [3] DLT Solutions is a value-added reseller of software and hardware and professional services provider in Herndon, Virginia. [4] In July 2004, Rick Marcotte was appointed DLT's president and CEO after having been on its board of directors for a year. [5] After Marrelli died in 2002, his heirs in 2005 sold the company to DLT President and Chief Executive Officer Rick Marcotte and Chief Financial Officer Craig Adler. [2] During the acquisition, SunTrust Banks handled the financing, while BB&T Capital Markets and Windsor Group advised DLT Solutions. [2] Marcotte had worked with the founder, Thomas Marrelli, in the mid-1990s when Marrelli led Exide Electronics' federal systems branch and Marcotte was the new business development director. [6] In 2005, the company resold products from Oracle Corporation, Autodesk, Quest Solutions, Red Hat and Adobe Systems. [2]

The company mostly works with groups in the public sector such as the United States Department of Defense and local and state administrations. [7] In 2013, after federal spending shrunk, DLT's work with local and state governments increased more than with the federal government. DLT scored a contract with Colorado to install Oracle software for its health insurance marketplace. [8] In 2014, DLT's main vendors were Autodesk, Dell Software, Red Hat, Oracle Corporation, and Symantec, which DLT used for 80% of its enterprises. [9]

Millstein & Co. acquisition

On January 30, 2015, [10] DLT Solutions announced that private equity firm Millstein & Co. had bought it. [11] Prior to Millstein's purchase, MTZP Capital Group had been the majority owner. [11] In the acquisition agreement, Millstein & Co. operating partner Alan Marc Smith became the President and CEO of DLT Solutions, taking over from Rick Marcotte, who had been DLT Solutions President and CEO for over a decade. After the acquisition, Marcotte became DLT Solutions' board's vice chairman and consultant. [11] In three two years prior to the Milstein acquisition, DLT Solutions had revenue of roughly $800 million in 2012, $857 million in 2013 and over $900 million in 2014. [12] [11]

In the several months before the acquisition, DLT scored multimillion-dollar deals with the Social Security Administration, the United States Department of the Navy, NASA SEWP, the United States Department of Defense, and Internet2. [13] In 2015, the company had 230 employees in the Washington metropolitan area. [14]

Products

In April 2014, DLT released CODEvolved, a platform-as-a-service product that integrates Red Hat's OpenShift, Amazon Web Services, and DLT's domain knowledge. The technology is intended to help DLT customers quickly learn cloud computing products. [15] In June 2014, DLT released DLT Cloud Navigator, a basket of tools that helps public sector entities implement cloud technology. Cloud Navigator contains products from Oracle Corporation, Red Hat, and Amazon.com. [16]

Related Research Articles

<span class="mw-page-title-main">Oracle Corporation</span> American multinational computer corporation

Oracle Corporation is an American multinational computer technology company headquartered in Austin, Texas, United States. In 2020, Oracle was the third-largest software company in the world by revenue and market capitalization. The company sells database software and technology, cloud engineered systems, and enterprise software products, such as enterprise resource planning (ERP) software, human capital management (HCM) software, customer relationship management (CRM) software, enterprise performance management (EPM) software, and supply chain management (SCM) software.

<span class="mw-page-title-main">Red Hat</span> Computing services company

Red Hat, Inc. is an American software company that provides open source software products to enterprises and is a subsidiary of IBM. Founded in 1993, Red Hat has its corporate headquarters in Raleigh, North Carolina, with other offices worldwide.

<span class="mw-page-title-main">Citrix Systems</span> American software company

Citrix Systems, Inc. is an American multinational cloud computing and virtualization technology company that provides server, application and desktop virtualization, networking, software as a service (SaaS), and cloud computing technologies. Citrix products were claimed to be in use by over 400,000 clients worldwide, including 99% of the Fortune 100, and 98% of the Fortune 500.

Quantum Corporation is a data storage, management, and protection company that provides technology to store, manage, archive, and protect video and unstructured data throughout the data lifecycle. Their products are used by enterprises, media and entertainment companies, government agencies, big data companies, and life science organizations. Quantum is headquartered in San Jose, California and has offices around the world, supporting customers globally in addition to working with a network of distributors, VARs, DMRs, OEMs and other suppliers.

Ingram Micro is an American distributor of information technology products and services. The company is based in Irvine, California, U.S. and has operations around the world.

Autodesk Media and Entertainment is a division of Autodesk which offers animation and visual effects products, and was formed by the combination of multiple acquisitions. In 2018, the company began operating as a single operating segment and reporting unit.

Fortinet is a cybersecurity company with headquarters in Sunnyvale, California. The company develops and sells security solutions like firewalls, endpoint security and intrusion detection systems. Fortinet has offices located all over the world.

<span class="mw-page-title-main">Insight Enterprises</span> Global technology provider

Insight Enterprises Inc. is an Arizona-based publicly traded global technology company that focuses on business-to-business and information technology (IT) capabilities for enterprises. Insight focuses on three, primary solution areas: cloud and data center transformation, connected workforce, and digital innovation. The company is listed on the Fortune 500 and has offices in 19 countries.

<span class="mw-page-title-main">BigMachines</span> Configure, price, quote cloud software owned by Oracle

BigMachines, now Oracle Configure, Price, Quote (CPQ), was a software company founded in 2000 by Godard Abel and Christopher Shutts, which was acquired by Oracle in 2013. The software is designed to integrate with enterprise resource planning (ERP), customer relationship management (CRM), and other business systems to help companies automate the sales process. It specializes in software for configure, price and quote (CPQ). It can be used by internal teams, channel partners, VARs, distributors, customers, and outside representatives and partners.

<span class="mw-page-title-main">EPAM Systems</span> American technology company

EPAM Systems, Inc. is an American company that specializes in software engineering services, digital platform engineering, and digital product design, operating out of Newtown, Pennsylvania. EPAM is a founding member of the MACH Alliance.

Riverbed Technology LLC is an American information technology company. Its products consist of software and hardware focused on Unified Observability, Network Visibility, End User Experience Management, network performance monitoring, application performance management, and wide area networks (WANs), including SD-WAN and WAN optimization.

<span class="mw-page-title-main">NetSuite</span> Technology company

NetSuite Inc. is an American cloud-based enterprise software company that provides products and services tailored for small and medium-sized businesses (SMBs) including accounting and financial management, customer relationship management, inventory management, human capital management, payroll, procurement, project management and e-commerce software. NetSuite was founded in 1998 with headquarters in Austin, Texas. The company is widely seen as the first cloud computing software company, with its founding pre-dating that of Salesforce.com by about a month. Oracle Corporation acquired NetSuite for approximately US$9.3 billion in November 2016. The Oracle NetSuite Global Business Unit is managed by Executive Vice President Evan Goldberg as "Oracle’s Cloud ERP for Small and Mid-sized Enterprises with the ability to scale to Fortune 500 firms."

Micro Focus International plc was a British multinational software and information technology business based in Newbury, Berkshire, England. The firm provided software and consultancy. The company was listed on the London Stock Exchange and the New York Stock Exchange until it was acquired by the Canadian software firm OpenText in January 2023.

Acumatica provides cloud and browser based enterprise resource planning software for small and medium-sized businesses. The company is headquartered in Kirkland, Washington, in the Seattle metropolitan area.

<span class="mw-page-title-main">Zach Nelson</span>

Zach Nelson served as president and chief executive officer of NetSuite, Inc. prior to its acquisition by Oracle Corp.

Archibus is an Integrated Workplace Management System (IWMS) platform developed by Archibus, Inc. The platform is integrated bi-directionally with building information modeling and CAD design software. Archibus software is reportedly used to manage around 15 million properties around the world. Archibus can be integrated with Mobile, GIS, and ERP systems such as Oracle, SAP, Sage and others.

Lieberman Software Corporation is a cyber security software firm that develops automated privileged identity management and secure privileged access management software.

Orbitera is an American cloud services provider. A subsidiary of Google, the company develops and sells an e-commerce platform that automates billing and ordering processes for cloud marketplaces.

WatchGuard, formally known as WatchGuard Technologies, Inc is a Seattle, Washington-based network security vendor. Its products are designed to protect computer networks from outside threats such as malware and ransomware.

References

  1. ↑ "DLT Solutions". Inc. 2009. Archived from the original on 2009-08-17. Retrieved 2009-11-17.
  2. 1 2 3 4 Wakeman, Nick (2005-08-18). "DLT Solutions managers lead buyout". Washington Technology . Archived from the original on 2016-01-31. Retrieved 2016-01-31.
  3. ↑ Burke, Steven (2012-02-29). "Name Games: DLT Solutions Set To Block Federal Integrator From Using DLT Name". CRN Magazine . Archived from the original on 2016-01-31. Retrieved 2016-01-31.
  4. ↑ Censer, Marjorie (2013-01-14). "DLT reshapes business to boost services". The Washington Post . Archived from the original on 2016-01-31. Retrieved 2016-01-31.
  5. ↑ "Fannie Mae to Skip July's Benchmark Note Sale". The Washington Post . 2004-07-19. Archived from the original on 2016-01-31. Retrieved 2016-01-31.
  6. ↑ Mbuya, Judith (2004-08-09). "Rick Marcotte". The Washington Post . Archived from the original on 2016-01-31. Retrieved 2016-01-31.
  7. ↑ Harris, Anna (2015-09-11). "DLT Solutions moves to Loudoun's Dulles Tech Corridor". Loudoun Times-Mirror . Archived from the original on 2016-01-31. Retrieved 2016-01-31.
  8. ↑ Censer, Marjorie (2013-04-19). "Some contractors find success in state and local work". The Washington Post . Archived from the original on 2016-01-31. Retrieved 2016-01-31.
  9. ↑ Kim, Kathy (2014-04-09). "DLT Solutions' Emphasis On Software And Services Rakes In $857.1 Million In Revenue For 2013". CRN Magazine . Archived from the original on 2016-01-31. Retrieved 2016-01-31.
  10. ↑ Novinson, Michael; Sheridan, Jimmy; Saia, Rick (2015-10-28). "10 Solution Providers That Have Attracted Private Equity". CRN Magazine . Archived from the original on 2016-01-31. Retrieved 2016-01-31.
  11. 1 2 3 4 Kuranda, Sarah (2015-02-02). "DLT Solutions Acquired By Private Equity Firm Millstein & Co". CRN Magazine . Archived from the original on 2016-01-31. Retrieved 2016-01-31.
  12. ↑ McCarthy, Jack (2013-02-05). "DLT Solutions Adds AWS GovCloud To Its Cloud Services". CRN Magazine . Archived from the original on 2016-01-31. Retrieved 2016-01-31.
  13. ↑ Kuranda, Sarah; Edmond, Ramin. (2015-02-10). "DLT Solutions' New CEO Outlines His Vision: 'Protect The Legacy, Grow The Business'" (pages Archived 2016-01-31 at the Wayback Machine and 2). CRN Magazine . Archived from the original (pages 1 and 2) on 2016-01-31. Retrieved 2016-01-31.
  14. ↑ Aitoro, Jill R. (2015-01-30). "DLT Solutions sold, will move HQ to vacated Northrop space". Washington Business Journal . Retrieved 2016-01-31.
  15. ↑ Kim, Kathy (2014-04-05). "DLT Solutions Launches Private Cloud Platform Powered By Amazon, Red Hat". CRN Magazine . Archived from the original on 2016-01-31. Retrieved 2016-01-31.
  16. ↑ Wright, Rob (2014-06-11). "DLT Solutions Ups Its Cloud Game With New Procurement Tool For Government Clients". CRN Magazine . Archived from the original on 2016-01-31. Retrieved 2016-01-31.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.