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in M&A Activity, News

Mahfuz Ahmed: DISYS Eyes More Acquisitions to Expand Reach in Federal Contracting Sector

Digital Intelligence Systems acquired MAKE, a Chicago-based professional and information technology recruiting firm, in August and DISYS CEO and Founder Mahfuz Ahmed said the McLean, Virginia-based staffing and services provider plans to purchase more companies to further expand its presence in the federal contracting market, the Washington Business Journal reported Thursday. “Being in the Washington […] More

by Jane Edwards September 9, 2022, 11:44 am
in M&A Activity, News

Oliver Wyman Finalizes Booz Allen MENA Arm Acquisition; Souheil Moukaddem Quoted

Booz Allen Hamilton has completed the sale of its Middle East- and North Africa-focused business to management consulting firm Oliver Wyman. The financial details of the transaction were not made public. As a result of the closed acquisition agreement, the Booz Allen MENA team will be added to Oliver Wyman’s United Arab Emirates and Saudi Arabia offices, […] More

by Charles Lyons-Burt September 2, 2022, 11:57 am
in M&A Activity, News

ColdQuanta-Supertech Merger Offers DOE R&D Center Access to Quantum Research Tools

The Department of Energy’s Argonne National Laboratory sees the combination of ColdQuanta and Supertech providing an opportunity for the two companies to help quantum scientists advance their work through new computing technology platforms. Both companies have developed tools that could support research and development efforts at ARL’s Q-NEXT, one of the five National Quantum Information […] More

by Mary-Louise Hoffman August 24, 2022, 11:47 am
in M&A Activity, News

ICF Expands Health IT Capabilities With Finalized SemanticBits Acquisition

ICF has finalized its acquisition of public sector-serving health technology company SemanticBits, adding to the digital services and consulting firm’s health information technology capabilities. With the completion of the transaction, ICF now expects to see changes appear on its second quarter financial results when they go live in August, the Fairfax, Virginia-based consultancy said Thursday. […] More

by Charles Lyons-Burt July 14, 2022, 11:53 am
in M&A Activity, News

Kongsberg to Acquire AST SpaceMobile’s Majority Stake in Smallsat Developer NanoAvionics

AST SpaceMobile has agreed to sell its majority share in NanoAvionics, a Lithuania-based small satellite mission integrator and bus manufacturer, to Kongsberg‘s defense and aerospace business for approximately $68 million. The deal is anticipated to be completed in the third quarter, subject to customary closing conditions, and to bring about $28 million in net cash proceeds to AST […] More

by Kacey Roberts July 7, 2022, 11:40 am
in M&A Activity, News

L3Harris to Acquire 7.2% Stake in Laser Comm Tech Maker Mynaric; Daniel Gittsovich Quoted

L3Harris Technologies will acquire an initial 7.2 percent stake in laser communications equipment supplier Mynaric as part of an $11.4 million investment deal. Under the agreement, L3Harris will obtain 409,294 of the Munich-based company’s bearer stock for approximately $27.90 each share and also gain access to select testing platforms such as a satellite link emulator, […] More

by Mary-Louise Hoffman July 6, 2022, 11:56 am
in M&A Activity, News

Vectrus Forms V2X Following All-Stock Merger With Vertex; Chuck Prow Quoted

Vectrus has completed its all-stock merger with Vertex and formed V2X, a more diversified company that will provide defense, civilian, national security and international customers with mission support offerings. Chuck Prow “Through this transformative combination, we created a company with the scale and ability to compete for large integrated business opportunities by providing full life-cycle […] More

by Christine Thropp July 5, 2022, 10:04 am
in M&A Activity, News

Francisco Partners Introduces New Health Tech Company as IBM Asset Purchase Deal Closes

Francisco Partners has launched a new independent company, named Merative, upon completion of the private equity firm’s acquisition of health care data and analytics assets from IBM’s Watson business. The transaction was first announced in January and the investment company said Thursday it appointed Gerry McCarthy, a three-decade health care industry veteran, as CEO of […] More

by Mary-Louise Hoffman July 1, 2022, 11:30 am
in M&A Activity, News

CivicPlus Seeks to Grow Public Sector Tech Platform With Optimere Buy

CivicPlus, a citizen engagement software provider to local government customers, has completed its acquisition of digital communications technology company Optimere. The deal was first announced in May and Kansas-based CivicPlus said Friday that private equity firm Insight Partners backed the transaction with an additional investment. Brian Rempe, CEO of CivicPlus, said the company aims to […] More

by Mary-Louise Hoffman June 14, 2022, 11:48 am
in M&A Activity, News

ClearGov Adds CityGrows to Local Government Software Portfolio

ClearGov, a budgeting software provider to local government agencies, has acquired digital permitting and licensing automation company CityGrows. The acquisition marked ClearGov’s entry into the market for cloud-based software products built to help government personnel simplify their processing of permits and licenses, the company said Tuesday. CityGrows designed its platform for agency employees to manage workflows […] More

by Kacey Roberts June 8, 2022, 12:10 pm
in Cybersecurity, Executive Moves, M&A Activity, News

Godspeed Launches Consolidated Cybersecurity, Intell Brand SilverEdge With Robert Miller as CEO

Cybersecurity, software and intelligence services provider SilverEdge Government Solutions has been established through the merging of three technology organizations owned by Godspeed Capital Management. Robert Miller, former Parsons executive, will preside over SilverEdge as CEO, directing the united forces of Varen Technologies, Exceptional Software Strategies and Savli Group to serve the defense and intelligence communities, the private equity […] More

by Charles Lyons-Burt June 8, 2022, 12:05 pm
in M&A Activity, News

B3 Fully Integrated as Health IT Arm of Octo; Brad Palmer Quoted

B3 Group has completed its transition to operate fully under the umbrella of Octo, the information technology modernization company that acquired it in December 2021. Together, the two organizations have aligned their workforces to create a brand that serves a variety of government agencies including those in the defense, intelligence and federal civilian sectors with IT health […] More

by Charles Lyons-Burt June 6, 2022, 11:59 am