HIG Closes $283M NCI Acquisition

Government information technology services provider NCI has been purchased and taken private by H.I.G. Capital in a cash deal worth approximately $283 million.

H.I.G. wrapped up the acquisition one day after the completion of the investment firm’s $20-per-share tender offer for the Reston, Virginia-based contractor.

Rick Rosen, an H.I.G. executive managing director, said in a statement released Tuesday he believes NCI will continue its efforts to provide differentiated technology platforms to federal clients.

NCI employs approximately 2,000 employees worldwide and maintains a portfolio of enterprise technology and service offerings for defense, intelligence, healthcare and civilian agencies.

You may also be interested in...

William Conley CTO Mercury Systems

Mercury Systems’ William Conley Joins NDIA Central Georgia Chapter Board

William Conley, chief technology officer of Mercury Systems (Nasdaq: MRCY), has been named to the board of directors for the National Defense Industrial Association's Central Georgia chapter. He will serve as a board member for a term of up to six years, Mercury Systems said Thursday.

Cloud IT

DHS Posts $3B Data Center, Cloud Solicitation

The Department of Homeland Security has issued a request for proposals for its indefinite-delivery/indefinite-quantity Data Center and Cloud Optimization contract worth potentially $3.35B over 10 years.