GovCon Wire‘s executive-driven coverage not only highlights their involvement in significant contract awards and mergers and acquisitions but gets their direct perspectives on what drives the GovCon market and its future trends.
Bob Kipps, managing director at investment banking firm KippsDeSanto & Co., casts his eye on the sector’s M&A activity in his monthly analysis for GovCon Wire.
He has advised defense and technology firms on M&A transactions, including Ray Group on its sale to PwC and Emergint in its acquisition by CACI International.
The 20-year industry veteran veteran, examined activity during the fourth quarter of 2012 and found sellers wanted to wrap up their deals quickly at the time.
As of February 2013, 16 deals in the defense and government services market closed for the calendar year and 55 transactions were announced in 2012’s fourth quarter, Kipps found.
He also highlighted how companies are pursuing high-growth areas such as health, collaboration and cloud computing, data analytics and C4ISR (command, control, communications, computers, intelligence, surveillance and reconnaissance).
Certain areas of intelligence are also prime targets for buyers, according to Kipps, despite current pressures on budgets in that sector.
