M&A Activity

Bill Ballhaus: SRA to Purchase Qbase Assets for Health IT, Homeland Security Push

SRA International has agreed to acquire a portion of Qbase‘s government services business for an undisclosed sum in a push to expand work with homeland security, law enforcement and healthcare government agencies. SRA said Tuesday it expects to complete the acquisition by April and the assets it will purchase encompass information technology and professional services. Qbase is a privately-held software …

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Camber Forms Subsidiary for Unmanned Systems Business; Phil Nolan Comments

Camber Corp. has formed a new subsidiary called Unmanned Systems Innovation to support its expansion into the unmanned systems market, alongside its mentorship program and partnerships with government agencies and academia in the field. “It is our intent to be at the forefront of testing technologies and capabilities needed to fully integrate …

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Arrow Electronics Closes immixGroup Buy

Arrow Electronics (NYSE:ARW) has completed its purchase of immixGroup in a move to grow Arrow’s presence in the government information technology market. McLean, Virginia-based immixGroup works with IT product and service providers, channel partners and value-added resellers to help them deliver offerings to public sector clients, Arrow Electronics said Tuesday. …

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RBC Bearings to Purchase Dover’s Sargent A&D Business; Michael Hartnett Comments

RBC Bearings has agreed to acquire Dover Corp.‘s (NYSE: DOV) Sargent Aerospace & Defense subsidiary for $500 million. Michael Hartnett, RBC Bearings chairman, president and CEO, said Thursday the acquisition is intended to complement the company’s manufacturing and design processes. Oxford, Connecticut-based RBC Bearings manufactures plain, roller and ball bearings …

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Accenture Closes Agilex Buy; David Moskovitz Comments

Accenture’s (NYSE: ACN) federal services subsidiary has wrapped up the purchase of Agilex Technologies in a move to grow its analytics, cloud and mobility offerings for federal agency clients. David Moskovitz, Accenture Federal Services CEO, said Thursday the company intends for the acquisition to help “federal clients make the digital transformation …

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Lexmark to Purchase Kofax for $1B Cash; Paul Rooke Comments

Lexmark International’s (NYSE: LXK) board of directors and shareholders have agreed to acquire Kofax (NASDAQ: KFX) for nearly $1 billion in cash, or $11 per share. The transaction is scheduled to close in the second quarter of 2015 and awaits a shareholder vote at Kofax, regulatory clearances and other customary closing terms, …

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Gregory Hayes: UTC to Mull Sikorsky Aircraft Spinoff

United Technologies Corp. (NYSE: UTX) is eyeing a potential spinoff of UTC subsidiary Sikorsky Aircraft as part of a strategic review into the helicopter manufacturing business. “As part of the portfolio review announced last December, we are exploring strategic options for Sikorsky to determine the best way to enhance its …

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Field Aviation Buys Rockwell Collins’ ARINC Aerospace Subsidiary; John Mactaggart, Dan Magarian Comment

Field Aviation has made a move to grow the company’s aircraft service market presence through its acquisition of the ARINC Aerospace Systems Engineering and Support subsidiary from Rockwell Collins (NYSE: COL). ARINC Aerospace works to modify, integrate and sustain large planes for military, commercial and private clients, Field Aviation said Tuesday. “The acquisition of …

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Maximus Inks $300M Cash Deal for Acentia in Contract Vehicle Growth Push; Richard Montoni Comments

Maximus (NYSE: MMS) has agreed to purchase technology and management services contractor Acentia for $300 million in cash and expects to close the transaction in the third quarter of Maximus’ 2015 fiscal year. Maximus said Monday it plans to fund the transaction with existing cash and an amended line of credit …

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Omar Balkissoon: OGSystems Makes Geospatial Tech Push with Urban Robotics Buy

OGSystems has bought aerial data collection technology developer Urban Robotics for an undisclosed amount as the companies aim to fuse their geospatial imaging platforms for defense and intelligence organizations. “The Urban Robotics acquisition complements OGS by matching our entrepreneurial and idea-driven culture and furthering our reputation for geospatial engineering innovation, …

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