Paula Smithers Joins sbLiftOff as New Director, Expanding Aerospace Sector Expertise
Paula Smithers Takes the Helm at sbLiftOff
In a strategic move designed to bolster its leadership in the mergers and acquisitions advisory sector, sbLiftOff has announced the appointment of Paula Smithers as its new director. The Herndon, Virginia-based firm specializes in mergers and acquisitions in the lower middle market with a significant focus on government contracting, intelligence, and aerospace sectors.
Paula Smithers comes to sbLiftOff with a wealth of experience and industry insight, most recently serving as the Chief Financial Officer (CFO) at Newbrook Solutions. This company is known for providing mission system software solutions not only to the Federal Government but also to various organizations within the Intelligence Community. Newbrook Solutions was recently acquired by Edgesource Corporation, a company that offers a range of advanced technology solutions including Cloud Engineering, Data Engineering, Artificial Intelligence, Machine Learning, and Unmanned Aerial Systems for national security purposes.
Deep Industry Expertise
With a strong background enriched by her previous accomplishments, Smithers brings a deep understanding of the intricacies involved in growing companies that cater specifically to the Department of Defense and the Intelligence Community.
"As a certified CPA and a GovCon entrepreneur, Paula's expertise will be invaluable to sbLiftOff as she assists business owners looking to transition or sell their companies, effectively helping them take the next step in their professional journeys," remarked Sharon Heaton, the company's CEO.
Smithers has previous experience leading the sale of Newbrook Solutions, through which she developed a keen interest in the mergers and acquisitions sector. She adeptly managed finance, due diligence, and valuation aspects during the process. As an Acquisition Manager, she was focused on consolidating deliverables, removing potential obstacles, and ensuring mutually beneficial results for both parties involved.
"I am drawn to the challenges present in investment banking; it is a unique aspect of finance that can dramatically influence not only company growth but also the lives of business leaders across the sector," Smithers stated.
sbLiftOff's Stellar Reputation
Choosing to join sbLiftOff was a deliberate decision for Smithers, who cited the firm’s outstanding reputation for client service and its unwavering commitment to fostering entrepreneurs in government contracting as driving factors.
Within the GovCon community of Northern Virginia and Fort Meade, Smithers has established herself as a proactive, results-oriented leader. Her experience and efficiency in streamlining operations, ensuring compliance, driving profitability, and an in-depth understanding of federal customers have earned her much respect among her peers and industry leaders. "I have a particular passion for partnering with small to midsize companies in the government contracting space," she mentioned, highlighting her dedication to supporting emerging businesses.
Paula Smithers holds a Bachelor's degree from the Rochester Institute of Technology and is a Certified Public Accountant. Residing in Northern Virginia with her family, she enjoys staying active through various outdoor activities, including running and cycling. Her multifaceted experience and unyielding commitment to excellence position her uniquely to contribute significantly to the team's goals at sbLiftOff.
With her onboard, sbLiftOff is poised to further enhance its capabilities in offering advisory services to those navigating the complexities of the M&A landscape, particularly in crucial sectors that support national defense and security.