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M&A Activity

Paul Donahue: Private Equity Firm to Acquire G4S Government Solutions

An unnamed private equity firm has agreed to purchase Florida-based security firm G4S Government Solutions for $135 million. G4S GS also changed its name to Centerra Group LLC and the renamed company will offer protection and fire support services in the federal market, Centerra said Tuesday. “The private equity firm plans …

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Craig Cooning: Boeing Considers Cyber Business Divestitures to Focus on Market Niche

Boeing (NYSE: BA) is looking into a potential divestiture or reassignment of some portions of its cybersecurity business as the company aims to focus on other areas in its portfolio, Reuters reported Tuesday. Andrea Shalal reports that Boeing has secured classified cyber contracts with the government but faces a crowded market since …

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ATK, Orbital Delay Expected Merger Closure Date to February

ATK (NYSE: ATK) and Orbital Sciences (NYSE: ORB) have delayed their expected closure date for the spinoff of ATK’s sporting group and the merger between Orbital and ATK’s aerospace and defense groups to February. The companies said Monday they have also rescheduled their stockholder meetings to Jan. 27, 2015 from the previous announced date of Dec. …

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Lee Rivas: LexisNexis to Buy Health Market Science for HIT Market Push

LexisNexis Risk Solutions is acquiring clinical data management firm Health Market Science in a bid to expand LexisNexis’ information technology offerings for the healthcare sector. The companies aim to combine HMS intelligence services with LexisNexis-built analytics tools to help healthcare organizations avoid fraud as well as address compliance and care …

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ORBCOMM, Inmarsat to Share SkyWave M2M Business Under $130M Deal

ORBCOMM (NASDAQ: ORBC) will buy Inmarsat partner SkyWave Mobile Communications under a $130 million transaction as part of ORBCOMM’s efforts to add new operational and manufacturing tools in its machine-to-machine offering, SatNews reported Thursday. The potential acquisition will be in the form of $122.5 million in cash and a $7.5 million promissory note for some of Inmarsat’s shares in …

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Cheryl Cook: CGI-Dell Team to Offer Cloud Products for Public, Private Sectors

CGI Group (NYSE: GIB) and Dell have formed a long-term alliance to jointly develop cloud computing technologies in a push to help government and business customers leverage managed virtual desktop integration, enterprise access management and analytics functions. Cheryl Cook, vice president and general manager of channel and alliances at Dell, …

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Optex Systems Buys Applied Optics Center From L-3; Merrick Okamoto Comments

Optex Systems Holdings has closed its acquisition of laser protection filter business Applied Optics Center from L-3 Communications (NYSE: LLL) for an undisclosed amount. Applied Optics Center was formerly a division of L-3’s warrior systems sector within the electronics systems business unit, Optex said Nov. 4. “We are excited this acquisition will provide new growth opportunities …

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ICF International Closes $295M Olson Buy; Sudhakar Kesavan Comments

ICF International (NASDAQ: ICFI) has completed the acquisition of Olson, a provider of marketing technology and digital services,  for $295 million. ICF bought Olson in cash from private equity firm KRG Capital Partners and other shareholders, ICF said Wednesday. “Together, ICF and Olson will guide clients through this new digital revolution across …

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Tom Ferrando: Bridge Growth Partners to Buy CRGT in Federal Market Expansion Push

New York City-based private equity firm Bridge Growth Partners has agreed to purchase majority ownership of federal software development and data analytics services contractor CRGT from an affiliate of Veritas Capital for an undisclosed sum. Bridge Growth said Wednesday that it expects to close the transaction by the end of the year …

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Lynn Dugle: Raytheon Buys Blackbird Technologies to Further ISR, Cyber Defense Work

Raytheon (NYSE: RTN) has bought Blackbird Technologies for approximately $420 million in a move aimed at growing Raytheon’s cybersecurity, ISR and special operations technology offerings. Herndon-based Blackbird will operate under Raytheon’s intelligence, information and services business organization, Raytheon said Wednesday. “Blackbird Technologies is a strong fit for Raytheon and enhances …

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