Wait, don't miss out on the latest GovCon industry news!

Sign Up Now! GovCon Wire provides you with Daily Updates and News Briefings

*By clicking "Join us now" you agree to receive email, promotions and general messages from GovCon Wire, In addition, you also agree to GovCon Wire Privacy Policy and Terms & Conditions.

X Remind me Later

CACI to Buy Health Data Analysis Firm; Dan Allen Comments

Dan Allen

CACI International (NYSE: CACI) has agreed to acquire the healthcare data integration and analysis provider Emergint Technologies, with the transaction expected to close Dec. 1.

CACI did not disclose the terms of the deal in its release.

CACI estimates Emergint’s 2012 revenue at around $42 million and expects the transaction to increase its earnings per share during its first 12 months.

“The federal government is increasingly requiring high-value solutions to improve healthcare IT practices and systems that will, in turn, contribute to the public health and safety of our nation’s citizens, ” said CACI President and CEO Dan Allen.

Allen added the company intends for the acquisition to expand its footprint in the healthcare information technology sector.

Emergint aims to help clients increase information exchange and interoperability in the healthcare arena, Emergint President and CEO Gil Delgado said.

The Louisville-based firm, founded in 1999 works with clients including the Centers for Disease Control and Prevention, the National Institutes of Health and the Food and Drug Administration.

Emergint’s 300 employees provide healthcare IT services to agencies including health data integration and analysis, data analytics, management and IT consulting and data and records management.

Investment bank KippsDeSanto advised Emergint in the transaction.

Video of the Day

GovCon Wire Logo

Sign Up Now! GovCon Wire provides you with Daily Updates and News Briefings about M&A Activity

Related Articles