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M&A Activity

Diffeo Buys Cloud Search Tech Developer Meta Search

Cambridge, Massachusetts-based knowledge discovery firm Diffeo has purchased Boston-based startup Meta Search for an undisclosed sum as part of efforts to expand search and discovery technology offerings. Diffeo said Tuesday it also renamed Meta Search’s platform to Diffeo Cloud Search as part of the acquisition. “Diffeo’s customers in government, financial services …

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Engility Sells USAID Business to Research Triangle Institute

Engility Corp. (NYSE: EGL) has sold its international development services business to North Carolina-based nonprofit organization Research Triangle Institute International for $24 million as part of the former’s efforts to pay down debt and reshape its portfolio. Chantilly, Virginia-headquartered Engility said in a Monday regulatory filing it expects to record a $20 million-$30 million …

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LLR Partners Buys Automation & Cyber Hunting Unit ‘BluVector’ From Northrop

Philadelphia-based private equity firm LLR Partners has purchased an automated threat detection and cyber hunting technology business unit from Northrop Grumman (NYSE: NOC) for an undisclosed sum to grow a commercial market footprint for machine learning-based tools. LLR said Monday it has committed $50 million in financing to support both the transaction and efforts to …

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McKesson, Change Healthcare to Run Combined Health IT Firm Under ‘Change Healthcare’ Brand

McKesson (NYSE: MCK) and Change Healthcare Holdings will name their new healthcare information technology firm Change Healthcare in an effort to reflect the merger of McKesson’s technology solutions business with the Nashville, Tennessee-based software and analytics provider. Change Healthcare will adopt a new logo and visual identity and will offer …

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Belcan Buys Kemtah Group in Govt IT Services Expansion Push

Belcan, a portfolio company of private investment firm AE Industrial Partners,  has purchased The Kemtah Group for an undisclosed amount in a strategy to expand the former’s government information technology services business. Belcan CEO Lance Kwasniewski said in a statement released Thursday the transaction comes five months after it acquired Intercom Consulting & Federal …

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L3 Completes $117M Purchase of Implant Sciences’ Explosive Trace Detection Business

L3 Technologies (NYSE: LLL), then L-3 Communications, has wrapped up its purchase of Implant Sciences’ explosive trace detection business for $117.5 million cash through an asset purchase agreement. Michael Strianese, chairman and CEO of L3, said in a statement released Thursday the acquisition will help expand L3’s presence in national security …

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Curtiss-Wright Closes $233M Teletronics Buy in Data Acquisition Tech Push

Curtiss-Wright (NYSE: CW) has concluded its $233 million cash acquisition of Teletronics Technology Corp. as part of efforts to expand data acquisition technology offerings and geographic footprint. Both companies first announced the deal in early December. Newtown, Pennsylvania-based TTC will integrate into Curtiss-Wright’s defense segment and continue to offer high-technology data acquisition …

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Xerox Splits Into Digital Printing Tech, Service Businesses; Jeff Jacobson Comments

Xerox (NYSE: XRX) has officially separated into two publicly traded companies, one focused on digital printing technology and the other selling business process services. The digital print technology company will carry the Xerox name while the business process service provider will operate independently as Conduent (NYSE: CNDT), GovCon Wire reported June 2016. Xerox said Tuesday it received …

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MacB Eyes Cyber Portfolio Expansion Via Enlighten IT Consulting Purchase

MacAulay-Brown has purchased Enlighten IT Consulting for an undisclosed sum in a push to expand MacB’s portfolio of cybersecurity offerings and client base in the federal market. MacB will operate EITC as a wholly owned subsidiary and that EITC CEO Shawn Justice will directly report to Sid Fuchs, president and …

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Dynetics Buys Aviation & Missile Solutions, Names Cindy Griner AMS President

Huntsville, Alabama-based engineering, applied science and information technology contractor Dynetics has purchased technical services provider Aviation & Missile Solutions for an undisclosed amount. Dynetics said Thursday it will operate AMS as a wholly owned subsidiary, effective Jan. 2, and has appointed Cindy Griner, manager of Dynetics’ engineering services and solutions division, to succeed …

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