Home / M&A Activity / Octo Consulting Buys Aquilent’s SeaPort-e Business Unit

Octo Consulting Buys Aquilent’s SeaPort-e Business Unit

Octo Consulting Group has purchased the SeaPort-e business unit from Laurel, Maryland-based federal digital and cloud services provider Aquilent for an undisclosed sum.

Octo said Wednesday it assumed the support contract for the SeaPort-e electronic platform with the U.S. Navy before Booz Allen Hamilton (NYSE: BAH) completed the acquisition of Aquilent.

SeaPort-e is an electronic platform that works to help agencies under the Department of the Navy procure program management, engineering and financial management support services from at least 2, 400 multiple-award, indefinite-delivery/indefinite-quantity contract holders.

“We are delighted to be working with the Navy on the SeaPort-e system and ensuring that the government has continued operational and modernization support for one of its core acquisition systems, ” Octo CEO Mehul Sanghani said.

The service branch has awarded more than $70 billion in procurement contracts through the SeaPort-e portal, which is accessed by at least 9, 000 users and 10, 000 industry partners.

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