Alexandria, Va.-based technical and management services contractorÂ Culmen International has bought the federal services business of PlanetRiskÂ for an undisclosed sum in a push to grow technology and expertise offerings in the federal market.
Culmen CEO Dan Berkon said in a statement released Friday the company aims to establish newÂ customer relationships within the intelligence, homeland security and defense sectors.
PlanetRisk Federal Services, also calledÂ Analytic Strategies, offers support services toÂ the departments of Defense, Homeland Security, State and Energy, as well as to the Defense Logistics Agency and National Geospatial-Intelligence Agency.
Law firm Pillsbury representedÂ Culmen during the negotiations andÂ Access National Bank financed the deal for Culmen.
Venable and Baird respectively served as PlanetRisk Federal Services’Â legal representative and financial adviser on the transaction.