Home / M&A Activity / CACI Closes Buy of Federal Oracle Provider; Paul Cofoni Comments

CACI Closes Buy of Federal Oracle Provider; Paul Cofoni Comments

Paul Cofoni, CACI

CACI (NYSE: CACI) has completed its acquisition of Advanced Programs Group, LLC, a provider of  Oracle e-business services to the federal government.

CACI expects the move to increase its earnings per share over the next 12 months. Reston, Va.-based Advanced Programs has 110 employees and generated 2010 calendar year revenues of $41.9 million.

Outside of managing the full life cycle of an Oracle implementation, Advanced Programs provides IT program management, enterprise architecture and security services.

CACI said Advance Programs is one of the only companies to successfully upgrade federal clients to the latest Oracle EBS release.

“The acquisition of Advanced Programs Group enables CACI to lead the way in providing a joint contract lifecycle management and financial solution that is unique within our industry, ” said Paul Cofoni,  CACI’s president and CEO. “Our clients already know us as a trusted integrator. As a federal shared service provider, we can now offer the functionality and ease of use federal agencies need to meet their business transformation and financial needs.”

Previous acquisition coverage:

September 23: CACI to Acquire Federal Oracle Provider; Paul Cofoni Comments

Check Also

Randy Cole Promoted to NeoSystems SVP for Consulting Services, Product Sales

Randy Cole, formerly vice president of client services at NeoSystems‘ managed accounting services business, has been …

Report: VA, Cerner in Talks Over Terms of 10-Year EHR Modernization Contract

The Department of Veterans Affairs and Cerner (Nasdaq: CERN) are in the final phase of negotiations over …

Subscribe to our Newsletter
I will subscribe later