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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
in M&A Activity, News, Wash100

Carlyle to Acquire ManTech for $4.2B; Kevin Phillips Quoted

ManTech has initiated an all-cash deal to be purchased by investment firm Carlyle for approximately $4.2 billion in total enterprise value. The national security technology services provider said Monday that the acquisition, in which shareholders will receive $96.00 per share in cash, is estimated to close in the second half of the calendar year 2022. […] More

by Charles Lyons-Burt May 16, 2022, 11:51 am
in M&A Activity, News

Oliver Wyman to Acquire Booz Allen’s Consulting Operations in MENA Region; Karen Dahut Quoted

New York City-based management consultancy Oliver Wyman has agreed to purchase a Booz Allen Hamilton consulting practice that operates in the Middle East and North Africa region. Terms of the deal were not disclosed and the two companies expect to close the transaction later this year, according to a joint statement released Tuesday. Booz Allen […] More

by Mary-Louise Hoffman April 5, 2022, 11:51 am
in M&A Activity, A Activity, M&amp, News

Booz Allen to Buy Cybersecurity Contractor EverWatch From Enlightenment Capital; John Hillen Quoted

Booz Allen Hamilton has agreed to acquire cybersecurity platform provider EverWatch, a portfolio company of Enlightenment Capital, in a push to expand its classified software and analytics offerings for national security customers. EverWatch will operate as a wholly-owned subsidiary of Booz Allen under Judi Dotson, president of the national security sector, once the transaction is […] More

by Naomi Cooper March 16, 2022, 11:51 am
in M&A Activity, A Activity, M&amp, News

Vectrus, Vertex Announce All-Stock Merger to Create Global Government Services Company; Chuck Prow Quoted

Vectrus and the Vertex Company have reached a merger agreement to combine their service offerings in support of various defense sector needs. The all-stock transaction will officially close in the third quarter of 2022 and is intended to create a more wide-ranging revenue stream in terms of locations, customers and contract types from the Department of Defense […] More

by Charles Lyons-Burt March 7, 2022, 11:56 am
in M&A Activity, A Activity, M&amp, News

Jim Taiclet: Lockheed to Explore Other M&A Opportunities if Aerojet Deal Fails to Advance

Jim Taiclet, chairman, president and CEO of Lockheed Martin and a 2022 Wash100 Award recipient, said the company could explore other merger and acquisition opportunities if the Aerojet Rocketdyne deal fails to materialize, Breaking Defense reported Thursday. In late January, the Federal Trade Commission filed a suit to block Lockheed’s planned $4.4 billion acquisition of […] More

by Jane Edwards February 11, 2022, 11:45 am
in M&A Activity, A Activity, M&amp, News

Curtiss-Wright Eyes Expanded Defense Portfolio With Safran Aerosystems Arresting Buy; Lynn Bamford Quoted

Curtiss-Wright has announced a potential $240 million cash transaction to purchase the assets of Safran Aerosystems Arresting, an Aston, Pennsylvania-based supplier of aircraft arresting systems used by global militaries. Lynn Bamford, president and CEO of Curtiss-Wright and a previous Wash100 awardee, said in a statement published Friday the acquisition is aimed at expanding its global […] More

by Christine Thropp January 21, 2022, 11:40 am