Octo has announced that Meghan Gifford, Vice President of Corporate Development and Strategy, has been promoted to Vice President. Gifford is responsible for Octo’s mergers and acquisitions (M&A) activity, strategic planning lifecycle, and Integration Management Office (IMO).
Gifford works closely with Octo’s Board of Directors and Executive Leadership Team to align investments with strategy and drive long-term sustainable growth, and is responsible for Octo’s inorganic growth strategy, including identifying targets, evaluating targets, executing transactions, and leading the integration of acquired companies into Octo. Gifford created Octo’s IMO at the end of 2020, which serves as the governance body for M&A integrations. Gifford excels in her role as an executive charged with working across all areas of the business to build consensus, optimize processes, and execute consequential strategies in an environment that changes frequently and rapidly.
As Vice President, Gifford will continue to lead Octo’s inorganic growth strategy and evolve the company’s strategic positioning. “I am honored and excited to lead Octo’s Corporate Development function in this new capacity,” she said. “During my time at Octo, we have consistently evolved as an organization by expanding our technical capabilities, deepening our mission expertise, and providing opportunities for our talented employees. I look forward to partnering with leaders across the business to further drive long-term, sustainable, differentiated growth.”
Octo’s CEO Mehul Sanghani said, “Meghan is a true partner in Octo’s long-term growth and has been a tremendous asset throughout all of our strategic planning, execution, and inorganic growth. Not only does she have the experience to lead these initiatives, she has the passion and vision, a rare and extremely valuable combination. I’m pleased to work alongside Meghan at her new level of leadership.”
Prior to working for Octo, Gifford was a Principal at Wolf Den Associates, a strategy and management consulting firm focused on helping federal market participants accelerate their growth. There she led teams within the Transaction Advisory practice, where she advised strategic acquirers and financial sponsors on billions of dollars of transaction value across defense, civilian, and national security markets. Gifford holds a B.A. in Public Policy from Duke University.
Octo is a member of the Government Technology & Services Coalition, a non-profit organization for government contractors in the homeland security market.