M&A Activity

Quest Reaches $2B Acquisition Agreement With Private Equity Firm

Quest Software Inc. (NASDAQ: QSFT) reached a buyout agreement with affiliates of Insight Venture Partners and will become a privately held company. The company said Friday that shareholders will receive $23 per share and the company values its total share value at nearly $2 billion. Quest Chairman and CEO Vinny Smith will …

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LMI Buys Huntsville Firm to Expand Southeast Business

LMI has purchased Huntsville, Ala.- based government contracting and consulting firm Belzon Inc. for an undisclosed amount. LMI intends to expand its business in the Southeast region and will locate its Southeast regional business headquarters in Huntsville, according to a company announcement. The Southeast region includes Tennessee, Florida, Georgia, Louisiana …

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The SI Org. Adds Defense, Intel Comm Provider

The SI Organization Inc. has agreed to acquire strategic communication services provider PhaseOne Communications Inc, the SI announced Tuesday. The SI did not disclose terms of the transaction. The SI will integrate Los Angeles-based PhaseOne into the SI’s system acquisition and intelligence operations. PhaseOne has offices in McLean, Va. and …

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WBB Merges With NetStar-1 to Target Management Consulting Market

Whitney, Bradley and Brown Inc. and federal management consulting firm NetStar-1 have merged their business operations, effective immediately, according to a joint release. The new company will operate as WBB, employ more than 500 employees and expects to generate more than $130 million in revenue. The merger follows a major investment …

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ASRC Merges Primus, WTSI Subsidiaries

ASRC Federal Holding Co. merged its World Technical Services Inc. subsidiary into Primus Solutions Inc., effective Jan. 1, ASRC announced Tuesday. Primus President Rick Payne will lead the combined businesses. Primus assumes all rights and obligations concerning WTSI’s customers. ASRC Federal President and CEO Ken Asbury said the company decided to merge …

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Salient to Buy IT, Intel Analytics Firm ATS for $73M

Salient Federal Solutions agreed to acquire McLean, Va.-based information technology firm ATS Corp. for nearly $73 million cash, or $3.20 per share. Salient said it will start the tender offer no later than Feb. 28 and expects the tender to close either late in the first quarter or early in …

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L-3 Completes $210M KEO Acquisition

L-3 Communications (NYSE: LLL) completed its $210 million purchase of Danaher Corp.’s former electronic and optical systems equipment unit, according to an L-3 announcement. L-3 announced in December it would acquire the Kollmorgen Electro-Optical unit and integrate KEO into L-3’s integrated sensor systems organization. L-3 said the unit will conduct business as …

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ICF Makes Offer to Buy UK Consulting Firm, Eyes International Expansion

ICF International Inc. (NYSE: ICFI) has made a cash offer to acquire London-based consulting firm GHK Holdings, ICF announced Monday. ICF did not disclose the dollar amount and said it expects the acquisition to be earnings neutral in 2012. ICF expects the acquisition to close by the end of the …

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CRGT Acquiring CIBER’s Federal Division for $40M Cash

CRGT Inc. will buy CIBER Inc.’s (NYSE: CBR) federal division for $40 million cash, CIBER said Monday. CIBER said it expects to generate $35 million in net cash proceeds from the transaction. The company said it plans to dedicate the proceeds “in excess of $25 million” to reduce its revolving credit …

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BAE Forms Team to Pursue Potential $2B Army Plant Contract

BAE Systems and Olin Corp.’s Winchester ammunition division have formed a joint venture to pursue a contract to manage and operate a U.S. Army ammunition plant, the companies announced Monday. U.S. Munitions LLC will submit a proposal for the contract, which the joint venture said could award more than $2 …

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