Home / M&A Activity (page 9)

M&A Activity

General Dynamics Buys Advatech’s Electronics & Comms Division in Cyber Offering Expansion Push

General Dynamics (NYSE: GD) has purchased Advatech Pacific’s electronics and communications division for an undisclosed amount in a move to grow cybersecurity technology and service offerings for clients in intelligence and defense markets. The acquired business will be integrated into General Dynamics’ mission systems segment, the company said Wednesday. General Dynamics Mission Systems seeks to integrate Advatech’s …

Read More »

Private Equity Consortium Wraps Up Purchase of CenturyLink’s Data Centers, Colocation Business

CenturyLink (NYSE: CTL) has finalized the sale of its colocation business and 54 data centers to a consortium led by private equity firms Medina Capital and BC Partners. CenturyLink said Tuesday it has secured net pre-tax proceeds valued at approximately $1.86 billion and assumed ownership of 10 percent minority stake in the newly created global security …

Read More »

MTSI Transitions to Employee-Owned Structure; Kevin Robinson Comments

Modern Technology Solutions Inc. has become a 100 percent employee-owned company after the Alexandria, Virginia-based engineering services and technology services contractor completed an employee stock ownership plan launched in 2008. Kevin Robinson, CEO and president of MTSI, said in a statement released Tuesday that the move to a full employee-owned structure …

Read More »

Veritas Capital Finalizes the Purchase of Harris Corporation’s Government IT Services Business

Veritas Capital completed the $690 million cash acquisition of Harris Corporation’s (NYSE:HRS) Government IT Services Business. The Harris acquisition will round out Veritas’ portfolio of twelve companies and enhance their position within the Aerospace & Defense industry. Veritas Capital purchased government services contractor Alion Science and Technology in 2015 for what …

Read More »

Constellis Finalizes Centerra Group Purchase

Reston, Virginia-based risk management and operational support services contractor Constellis has closed its acquisition of Palms Beach Gardens, Florida-based Centerra Group and its subsidiaries from an affiliate of Alvarez & Marsal Capital for an undisclosed sum. Both companies first announced the deal in March and Constellis said Friday the acquisition will help strengthen its professional relationships …

Read More »

George Wilson: ECS Federal Buys InfoReliance in Cyber, Cloud Delivery Expansion Push

ECS Federal has purchased cloud and cybersecurity services provider InfoReliance for an undisclosed amount in a move to expand the delivery of cybersecurity, cloud and agile software platforms to clients in the intelligence and defense markets. InfoReliance CEO Andrew Butler will move to ECS to serve as a senior vice …

Read More »

Rockwell Collins Closes $8.6B B/E Aerospace Buy in Product Portfolio Diversification Push

Rockwell Collins (NYSE: COL) has wrapped up its purchase of airline cabin equipment provider B/E Aerospace (Nasdaq: BEAV) for approximately $8.6 billion in a push to diversify and expand its product portfolio and accelerate its global growth initiatives. The companies originally disclosed the $6.4 billion cash-and-stock transaction in October 2016 and Rockwell …

Read More »

CenturyLink, Level 3 Get 4 Additional State Clearances for Planned $34B Merger

CenturyLink (NYSE: CTL) and Level 3 Communications (NYSE: LVLT) have received regulatory clearances in Maryland, Delaware, Hawaii and Washington, D.C., for the companies’ planned merger that was announced in October 2016. The approvals are in addition to the clearances the firms earlier received from the states of Connecticut, Georgia, Indiana, Louisiana, Nevada, Ohio, Texas, Utah and …

Read More »

Buchanan & Edwards Buys Nat’l Security Consulting Firm R2C; Dennis Kelly Comments

Arlington, Virginia-based government technology advisory services company Buchanan & Edwards has bought Fairfax, Virginia-based Reports and Requirements Company in a push to grow analytics offerings for customers in the national security sector. R2C offers consulting services to intelligence community and national security customers in the areas of data governance, data curation, cyber intelligence, collection management and intelligence training, Buchanan …

Read More »

Belcan Agrees to Buy Schafer, Taps Lee Shabe to Lead Newly Formed Govt Services Segment

Belcan, a portfolio company of private investment firm AE Industrial Partners, has agreed to buy Schafer Corp. from Metalmark Capital Partners for an undisclosed amount in a move to expand its technical and engineering service offerings. Both companies expect to complete the transaction in the second quarter of 2017, Belcan said Thursday. Belcan CEO …

Read More »