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M&A Activity

System One Buys Federal IT Services Contractor TPGS; Troy Gregory, Billy Hinson Quoted

Pittsburgh, Pa.-based workforce services provider System One has acquired Reston, Va.-based intelligence services contractor TPGS for an undisclosed amount as part of efforts to expand its information technology offerings for federal civilian and defense clients. “The expertise and reputation of TPGS aligns with System One’s strategy of providing mission critical services, …

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AE Industrial Partners Buys Defense Engineering Services Firm Gryphon; David Rowe, P.J. Braden Quoted

AE Industrial Partners has purchased Washington, D.C.-based technical and defense engineering services contractor Gryphon Technologies for an undisclosed amount. The Boca Raton, Fla.-based private equity firm said Thursday it will integrate Gryphon with the government services subsidiary of its portfolio company CDI. Gryphon provides services across defense platforms and integration, marine engineering …

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SAIC Announces Plans to Acquire Engility

Science Applications International Corp. (NYSE: SAIC) announced Monday its plans to acquire Engility Holdings Inc. (NYSE: EGL), in a deal valued at $2.5 billion. If completed, the all-stock transaction will create the second largest independent technology integrator serving government clients. “The highly complementary portfolios, combined with our similar cultures, operating …

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ByteCubed Buys Creative Agency CHIEF in Gov’t IT Services Expansion Push; Lena Trudeau Quoted

Arlington, Va.-based technology firm ByteCubed has purchased Washington, D.C.-based creative agency CHIEF for an undisclosed sum as part of efforts to expand its information technology offerings to government and commercial clients. Lena Trudeau, newly appointed ByteCubed CEO, said in a statement published Tuesday the company will combine its technology with …

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L3 Closes Azimuth Security, Linchpin Labs Acquisition Deals

L3 Technologies (NYSE: LLL) has completed its acquisitions of Azimuth Security and Linchpin Labs nearly two months after announcing the two deals worth a combined $200M. Both information security providers will merge into a single business called L3 Trenchant, the New York City-based company said Friday. L3 — which generated $9.6B in …

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Speedcast Makes Government Satcom Market Push Through $135M Globecomm Buy

Satellite communications company Speedcast International has agreed to purchase Hauppauge, N.Y.-based Globecomm Systems from affiliates of Tennenbaum Capital Partners and HPS Investment Partners for approximately $135M to expand footprint across the government, enterprise and maritime sectors. Australia-based Speedcast said Monday it expects the transaction to conclude in the fourth quarter of …

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Arlington Capital Acquires Black Box’s Government Arm to Form New Comms Tech Firm

Arlington Capital Partners has launched a new company, Tyto Athene, after the Washington-based investment firm completed its $75M cash purchase of Black Box’s (Nasdaq: BBOX) government solutions business. Tyto Athene will provide systems integration support and managed services for communications platforms of the Defense Department and civilian agencies, Arlington Capital …

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MAG Aerospace Adds Navy Work Through Ausley Purchase; Joe Fluet Quoted

MAG Aerospace has bought Lexington Park, Md.-based unmanned aviation system and program development services contractor Ausley Associates for an undisclosed sum in a move to expand work with the U.S. Navy. MAG said Friday it will absorb more than 200 logistics, program management and systems engineering professionals as part of the deal. Joe Fluet, MAG …

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Alion Completes MacB Purchase; Steve Schorer Quoted

Alion Science and Technology, a Veritas Capital portfolio company, has completed its acquisition of engineering and information technology services contractor MacAulay-Brown for an undisclosed amount. McLean, Va.-based Alion first announced the transaction early in August. Steve Schorer, Alion president and CEO and a 2018 Wash100 awardee, said in a statement released Wednesday the …

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CACI Closes $84M Buy of General Dynamics Business Unit; Ken Asbury, Jack London Quoted

CACI International (NYSE: CACI) has closed its purchase of CSRA’s former systems engineering and acquisition services business unit from General Dynamics (NYSE: GD) for $84M to expand support work for the U.S. Navy. Arlington, Va.-based CACI said Thursday it expects the acquisition to add approximately $150M to its revenue for fiscal 2019 and …

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