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.

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