As first reported on GovCon Wire, Michael Santelli has elevated to president of OMNIPLEX World Services Corp., a position he will hold concurrently with the chief operating officer role he assumed in 2012.
Santelli joined OMNIPLEX at an important time, with his announcement as the new COO coming only three days after the company publicly disclosed it had been acquired by Altamont Capital Partners.
It was the second acquisition Altamont Capital had closed that month.
He had in fact been working with the Altamont Capital team for a period of months to prepare for the takeover through due diligence and other work.
“Partnering with the Altamont Team will allow OMNIPLEX to continue to grow and invest in additional areas inside and adjacent to current core offerings,” Santelli said at the time, also noting that Altamont Capital’s stated focus on investing in strength of leadership teams was in line with OMNIPLEX’s “operational and cultural foundation.”
Before joining OMNIPLEX, Santelli had previously worked for USIS for 12 years, a period marked by ‘transitional growth,’ according to OMNIPLEX.
In addition to integrating a more than $50 million acquisition and overseeing the 2008 integration of USIS’ investigative services and national security divisions into a combined government business, Santelli helped lead sales to equity firms Welsh, Carson, Anderson & Stowe; The Carlyle Group; and Providence Equity Partners while with USIS.
OMNIPLEX reports that Santelli’s integration helped generate a 25 percent increase in revenue and a more than 10 percent profitability margin, as measured by earnings before interest, taxes, depreciation and amortization.