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M&A Activity

PAE Closes FCi Purchase in Govt Mission Support Push; John Heller Comments

PAE has wrapped up its acquisition of Ashburn, Virginia-based professional services contractor FCi Federal for an undisclosed sum, a move that CEO John Heller says will expand PAE’s information and process management support offerings to the government sector. “As a combined team, we look forward to continuing the exceptional services that FCi’s customers have come …

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Valiant Buys ABM Industries’ Public Sector Arm in Govt Mission Support Expansion Push

Valiant Integrated Services has bought the government services subsidiary of ABM Industries in a push to grow service offerings, operations and sales in the public sector market. The ABM Government Services business will change its name to Valiant Government Services and offer mission support, linguistics, critical infrastructure, healthcare facility and healthcare construction management services, Valiant said Wednesday. …

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Accenture Eyes Federal Cloud Portfolio Expansion Through Phase One Purchase

Accenture (NYSE: ACN) has agreed to purchase Alexandria, Virginia-based Phase One Consulting Group for an undisclosed sum in a move to expand the global management consulting and professional services contractor’s Salesforce (NYSE: CRM) capabilities and cloud platforms for U.S. federal agencies. Accenture said Wednesday it will integrate Phase One into the Accenture Federal …

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CSRA to Buy IT Firm NES Associates; David Keffer, Larry Prior Comment

CSRA (NYSE: CSRA) has agreed to purchase Alexandria, Virginia-based information technology services contractor NES Associates for an undisclosed amount. David Keffer, chief financial officer of CSRA, said Wednesday that the pending acquisition is in line with the Falls Church,Virginia-based company’s “long-term approach to capital allocation, as our balance sheet continues to evolve.” “After aggressively …

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Novitas Group Founder Chris Taylor Succeeds Eric Gillespie as Govini CEO

Chris Taylor, founder and former CEO of Novitas Group, has joined government market research firm Govini as CEO. Govini said Tuesday he succeeds founder Eric Gillespie, who will shift into a new role as executive chairman of the company’s board of directors. Taylor established Novitas in 2012 to offer a range of technology and …

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L3 Acquires UUV Power System Manufacturer in Naval Market Push; Michael Strianese Comments

L3 Technologies (NYSE: LLL) has completed the acquisition of maritime power-generation technology developer Open Water Power for an undisclosed value in a move that seeks to expand the former’s unmanned undersea vehicle portfolio. The Massachusetts-based company will take the name L3 Open Water Power and operate under L3’s sensor systems business, the …

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STG Targets June 30 Closing Date for Preferred Systems Solutions Deal

Government information technology services contractor STG Group has pushed back its plan to finalize purchase of Preferred Systems Solutions from the first quarter of 2017 to the end of June. Reston, Virginia-based STG said Tuesday it raised the acquisition price of PSS to $119.8 million and offered to pay $925,000 in advance …

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General Dynamics Buys Advatech’s Electronics & Comms Division in Cyber Offering Expansion Push

General Dynamics (NYSE: GD) has purchased Advatech Pacific’s electronics and communications division for an undisclosed amount in a move to grow cybersecurity technology and service offerings for clients in intelligence and defense markets. The acquired business will be integrated into General Dynamics’ mission systems segment, the company said Wednesday. General Dynamics Mission Systems seeks to integrate Advatech’s …

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Private Equity Consortium Wraps Up Purchase of CenturyLink’s Data Centers, Colocation Business

CenturyLink (NYSE: CTL) has finalized the sale of its colocation business and 54 data centers to a consortium led by private equity firms Medina Capital and BC Partners. CenturyLink said Tuesday it has secured net pre-tax proceeds valued at approximately $1.86 billion and assumed ownership of 10 percent minority stake in the newly created global security …

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MTSI Transitions to Employee-Owned Structure; Kevin Robinson Comments

Modern Technology Solutions Inc. has become a 100 percent employee-owned company after the Alexandria, Virginia-based engineering services and technology services contractor completed an employee stock ownership plan launched in 2008. Kevin Robinson, CEO and president of MTSI, said in a statement released Tuesday that the move to a full employee-owned structure …

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