Vectrus (NYSE: VEC) has agreed to acquire technology services provider Zenetex for approximately $112M as part of efforts to advance its converged infrastructure strategy and expand its customer base with the addition of new intelligence, defense and foreign military sales clients. "Zenetex broadens our reach into the Intelligence Community and expands our engineering and digital technology offerings, which is critical as we expand our capabilities to help our clients' transition to a more instrumented and converged approach to supply chain and facility management,” said Chuck Prow, president and CEO of Vectrus and a 2020 Wash100 award winner.
Read More »DLH Buys Irving Burton Associates in Gov’t Health Market Push; Zachary Parker Quoted
DLH Holdings (Nasdaq: DLHC) has acquired information technology consulting firm Irving Burton Associates for $32M in cash to expand the former’s professional services and health research opportunities with defense and federal clients.
Read More »Applied Composites Buys Alliance Spacesystems; David Horner Quoted
Applied Composites Holdings, a portfolio company of private equity firm AE Industrial Partners, has made its fifth acquisition with its purchase of composite structures provider Alliance Spacesystems for an undisclosed sum.
Read More »Smartronix, Trident Get Strategic Investments From OceanSound; Ted Coons Quoted
Information technology companies Smartronix and Trident Technologies have received strategic investments from New York-based private equity firm OceanSound Partners.
Read More »Capital One Agrees to Acquire KippsDeSanto & Co.; Bob Kipps, Kevin DeSanto Quoted
Capital One has signed an agreement to acquire KippsDeSanto & Co., an investment banking firm focused on serving growth-oriented aerospace/defense, government services and technology companies, Capital One announced on Monday.
Read More »ClearSky-Led Investor Group Buys Analytics, Engineering Firm Altamira; Ted Davies, Jonathan Moneymaker Comment
A consortium of investors led by venture capital firm ClearSky has acquired engineering and analytics platforms provider Altamira Technologies for an undisclosed sum.
Read More »DLH Buys Public Health Research Org Social & Scientific Systems; Zachary Parker Quoted
Health care services contractor DLH Holdings (Nasdaq: DLHC) has purchased Silver Spring, Md.-based public health research organization Social & Scientific Systems for $70M in cash.
Read More »Steve Schorer: Alion Science Makes Emerging Tech Push Through MacB Purchase
Alion Science and Technology has agreed to buy MacAulay-Brown for an undisclosed sum to expand work with national security customers and engineering and technology offerings. Steve Schorer, Alion president and CEO and a 2018 Wash100 winner, said in a statement released Thursday the company made the acquisition in a push to …
Read More »KippsDeSanto: Govt Tech Sector Eyes Increased Scale, Expanded IT Capabilities Via M&As
KippsDeSanto & Co. said it believes General Dynamics’ (NYSE: GD) acquisition of CSRA shows the continued focus of government technology sector buyers on efforts to build up scale and expand next-generation information technology capabilities through mergers and acquisitions. General Dynamics’ IT business will realize approximately $10 billion in annual revenue following …
Read More »Salient CRGT Closes Acquisition of Triple-i in Federal Health IT Market Push; Tom Ferrando Comments
Salient CRGT has finalized its acquisition of health information technology company Information Innovators Inc. in a move that aims to build on the former’s health IT portfolio for the federal government. The purchase is also part of Salient CRGT’s efforts to drive revenue to more than $500 million and expand its workforce across 150-plus locations …
Read More »