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Tag: GovCon Finance

Government Contract Financing Company Leonid Raises $240M for 1st Fund; Chris Lay QuotedIndustry News

Government Contract Financing Company Leonid Raises $240M for 1st Fund; Chris Lay Quoted

Huntington Beach, California-based Leonid Capital Partners is closing its inaugural private credit fund with approximately $240 million in capital that
TPG Closes Purchase of Forcepoint’s Government Cyber Business; Sean Berg Named Forcepoint G2CI CEOM&A Activity

TPG Closes Purchase of Forcepoint’s Government Cyber Business; Sean Berg Named Forcepoint G2CI CEO

TPG (Nasdaq: TPG), a global alternative asset management firm, has finalized its acquisition of Forcepoint’s government-focused cybersecurity unit from investment
Arlington Capital Expands Government Portfolio With Avenu Insights & Analytics BuyM&A Activity

Arlington Capital Expands Government Portfolio With Avenu Insights & Analytics Buy

Arlington Capital Partners has acquired payment software provider Avenu Insights & Analytics from private equity firm Mill Point Capital in
Congress OKs Continuing Resolution to Keep Federal Government Operational Through Mid-NovemberGeneral News

Congress OKs Continuing Resolution to Keep Federal Government Operational Through Mid-November

Congress on Saturday passed a continuing resolution to avert a government shutdown and extend federal funding at current levels through
Defense Tech Company Cyberlux Expands Tactical Comm Portfolio With Datron AcquisitionM&A Activity

Defense Tech Company Cyberlux Expands Tactical Comm Portfolio With Datron Acquisition

Defense technology company Cyberlux has acquired Datron World Communications, a provider of tactical communication products, in an effort to broaden
PSC, NDIA Want Immediate Action From Congress to Prevent Government Shutdown; David Berteau QuotedIndustry News

PSC, NDIA Want Immediate Action From Congress to Prevent Government Shutdown; David Berteau Quoted

The Professional Services Council and the National Defense Industrial Association have called on congressional leaders through a joint letter to
VSE, Bernhard Capital Partners Drop Federal & Defense Segment Deal; John Cuomo QuotedM&A Activity

VSE, Bernhard Capital Partners Drop Federal & Defense Segment Deal; John Cuomo Quoted

Aftermarket services provider VSE (Nasdaq: VSEC) and Bernhard Capital Partners have mutually agreed to cancel an approximately $100 million deal
Arlington Capital Strikes Deal With Thoma Bravo for Exostar; Ben Ramundo QuotedM&A Activity

Arlington Capital Strikes Deal With Thoma Bravo for Exostar; Ben Ramundo Quoted

Private equity firm Arlington Capital Partners has agreed to purchase secure business collaboration platforms provider Exostar from software investment firm
DOD Report Lists Top 10 States for Overall Defense Spending in FY 2022Contract Awards

DOD Report Lists Top 10 States for Overall Defense Spending in FY 2022

Virginia, Texas and California emerged as the top three states for total defense spending in fiscal year 2022, according to
Cisco Strikes $28B Deal for Splunk; Chuck Robbins QuotedM&A Activity

Cisco Strikes $28B Deal for Splunk; Chuck Robbins Quoted

Cisco (Nasdaq: CSCO) has agreed to acquire Splunk (Nasdaq: SPLK) for approximately $28 billion in a transaction that will enable