M&A Activity

CGI to Buy TeraThink; George Schindler, Tim Hurlebaus Quoted

cgi-to-buy-terathink-george-schindler-tim-hurlebaus-quoted

CGI (NYSE: GIB) has agreed to acquire Reston, Va.-based information technology and management consulting firm TeraThink for an undisclosed sum as part of efforts to expand its enterprise application services for federal government clients. The transaction is expected to be finalized by the end of March and will allow CGI Federal to build up its consulting capabilities and incorporate TeraThink’s data analytics, application development and agile enablement capabilities into its IT offerings portfolio, CGI said Wednesday.

Read More »

Private Equity Firm, Media Vet Buy Controlling Stake in Government Executive Media Group

private-equity-firm-media-vet-buy-controlling-stake-in-government-executive-media-group

Private equity firm Growth Catalyst Partners and Peter Goldstone, former CEO of real estate media firm Hanley Wood, have teamed up to acquire a significant stake in Atlantic Media’s Government Executive Media Group and establish a data-driven platform focused on serving federal, local and state government contractors and executives.

Read More »

Rocket Lab Makes Space Tech Market Push With Sinclair Interplanetary Acquisition

rocket-lab-makes-space-tech-market-push-with-sinclair-interplanetary-acquisition

Small satellite manufacturing and launch services provider Rocket Lab has agreed to acquire Toronto-based satellite hardware maker Sinclair Interplanetary for an undisclosed sum. Long Beach, Calif.-based Rocket Lab said Monday it seeks to provide Sinclair access to manufacturing and technology platforms and incorporate the latter company's products into the Photon spacecraft line.

Read More »

SAIC’s Unisys Federal Buy Inches Closer to Completion as Waiting Period Under Antitrust Law Ends

The required waiting period for Science Applications International Corp.’s (NYSE: SAIC) proposed acquisition of the federal arm of Unisys (NYSE: UIS) under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 expired Thursday, March 12, the companies said in a joint release published Friday.

Read More »