M&A Activity

Information technology distribution company Tech Data (Nasdaq: TECD) has agreed to acquire software and cloud technology aggregator DLT Solutions in a move to expand products portfolio and create opportunities for public sector channel partners.

CACI International (NYSE: CACI) completed the acquisition of three companies in October for approximately $105M as part of efforts to expand its strategic capabilities in technology and mission areas.

Advent International has secured regulatory approval in the U.S., European Union and Finland for the Boston-based private equity firm's proposed $5B acquisition of U.K.-based aerospace and defense technology supplier Cobham, Reuters reported Tuesday.

Virgin Galactic and Social Capital Hedosophia are set to close the two firms' merger deal Friday and launch the first publicly traded space tourism company, CNBC reported Thursday. The report said Virgin Galactic could start to trade on the New York Stock Exchange by Monday under the ticker symbol "SPCE."

Raytheon (NYSE: RTN) and Vista Equity Partners are in discussions over the value of Forcepoint, a joint cybersecurity venture the companies formed in 2015, Inside Defense reported Thursday.

Engineering and construction management services provider TRC Companies has agreed to buy a Lockheed Martin (NYSE: LMT) business unit that provides energy services to gas and electric utilities.

Voyager Space Holdings has moved to acquire Altius Space Machines, a Denver-based company that aims to develop on-orbit servicing platforms with robotic technology, for an undisclosed amount. The transaction is subject to customary closing terms and will be Voyager's first acquisition since launching itself three weeks ago, the company said Thursday.

Baird’s Global Investment Banking Group announced on Wednesday that Leidos Health, LLC, a subsidiary of Leidos, Inc., has been acquired by ettain group, a portfolio company of Alvarez & Marsal Capital (“A&M Capital”).  Terms of the transaction were not disclosed. Leidos Health will be re-branded as part of ettain group’s …

Falls Church, Va.-based information technology contractor Federal Hill Consulting has acquired FYI, a woman-owned company that offers a range of professional services to the federal government. The acquisition seeks to grow Federal Hill's human resource support offerings and business relationships with federal customers, FYI said.

Cerner (Nasdaq: CERN) has agreed to acquire AbleVets, an information technology consulting  and engineering company, for an undisclosed sum as part of efforts to expand its technical expertise in executing modernization platforms in the federal health market.