Philippines Growth Fuels Executive Mosaic’s e4e Acquisition
Executive Biz recently highlighted
how the Philippines plans to build a potential $14 billion development. This New Clark city project, as reported
by Business Insider, will be located approximately 75 miles outside Manila, the Filipino capital, with construction set to begin in 2022 and the BCDA Group
and Surbana Jurong
serving as developers.
The city will accommodate up to 2 million people, with five districts intended for business, government, agriculture, education and recreation functions. In addition, New Clark will feature an agro-industrial park, sports complex, green space, driverless cars and other technologies that seek to reduce water and energy consumption. This initiative and amenities have the added benefit of much-needed congestion relief in Manila.
In the ExecutiveBiz article, I discussed how the New Clark project builds upon the strong, economic growth the Philippines has seen in recent years. Because of this, it was with great pride that we at Executive Mosaic could announce
Tuesday that ArchIntel, a provider of concise actionable intelligence to business leaders, acquired e4e Global Services Philippines, Inc.
This acquisition not only increases the company’s global technology reach and robust service offerings, but also demonstrates our commitment to growth in the region and plans for continued investment. This investment will enable us to build upon our market-leading daily executive briefs and competitive intelligence reporting that keep you informed about crucial GovCon developments. By providing customized reports unique to each customer, we’re able to serve those who serve the mission and allow busy executives to know what they need to know.
I am extremely proud and encouraged of the work we’re doing at Executive Mosaic, ArchIntel and the Potomac Officers Club. I look forward with great excitement as we continue to expand in the Philippines, Tysons, Va., and beyond.
CEO and founder, ArchIntel, Executive Mosaic and the Potomac Officers Club
Recent M&A Activity
This week we’re breaking down strong M&A activity, including:
- Cerberus Capital Management mulls selling DynCorp for $1.3B.
- DPW Holdings subsidiary purchases Enertec Systems for $9M.
- Parsons acquires Polaris Alpha.
- SAP NS2 buys Technology Management Associates.
Private equity firm Cerberus Capital Management is considering putting DynCorp International up for sale in a deal that could be worth at least $1.3 billion, Reutersreported Thursday. Sources told Reuters that Cerberus has tapped two investment banks to help seek offers from potential acquirers of the defense contractor.
DPW Holdings subsidiary Coolisys Technologies aims to expand its technology development and manufacturing capabilities with the acquisition of electronic systems provider Enertec Systems for approximately $9 million. DPW said Wednesday its Fremont, Calif.-based subsidiary will add more than 70 new workers, most of whom will be engineers with military experience.
Pasadena, Calif.-based company Parsons has acquired Polaris Alpha from Arlington Capital Partners as part of a technology investment program. Parsons said Monday it will merge its knowledge in artificial and signals intelligence and data analytics with Polaris Alpha’s machine learning, data, video, multisource analytics and automated reasoning offerings.
SAP National Security Services has acquired signals intelligence and engineering services contractor Technology Management Associates for an undisclosed sum in a move to broaden its footprint in the intelligence community and advance the delivery of platforms to the federal government. SAP NS2 said Tuesday it completed the acquisition on April 30 and will run TMA as a wholly-owned subsidiary.
THIS WEEK’S TOP 10 NEWS STORIES