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Tag Archives: M&A Activity

GTY Buys Six Tech Firms to Create Public Sector-Focused Software Company

GTY Technology Holdings Inc. (Nasdaq: GTYH), a special purpose acquisition company founded by former Accenture (NYSE: ACN) and EMC executives, has wrapped up its purchase of six technology companies in a push to expand presence in the public sector market. The deals resulted in the formation of a new software …

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McAleese & Associates: Investors Expect HII to Hit 10% Shipbuilding Margins in 2019

A new report by consulting firm McAleese & Associates says investors expect Huntington Ingalls Industries (NYSE: HII) to return to 10 percent shipbuilding operating margins in 2019. Jim McAleese, founder and principal at McAleese & Associates and a 2019 Wash100 winner, wrote in the report the figure could be driven by five ship deliveries this …

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Applied Insight Buys ATG, Stratus Solutions to Expand Cloud, AI, Analytics Offerings; John Hynes Quoted

Ashburn, Va.-based technology services contractor Applied Insight has acquired Stratus Solutions and Applied Technology Group for an undisclosed sum in a push to grow its artificial intelligence, cloud and analytics offerings for defense, intelligence and federal civilian clients. AI said Wednesday it acquired ATG early last year and completed its …

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FLIR Systems Signs $385M Cash Deal to Buy Endeavor Robotics; James Cannon Quoted

FLIR Systems (Nasdaq: FLIR) has agreed to purchase Endeavor Robotics from Arlington Capital Partners for about $385M in cash to make its entry into the market for unmanned ground vehicles for military, critical infrastructure and public safety applications. FLIR said Monday it expects the acquisition to close in the first quarter of …

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Lexipol-Praetorian Digital Combination Eyes Public Safety, Local Gov’t Markets; Alex Ford Quoted

Lexipol and Praetorian Digital have merged with the intent to build a single platform for public safety and local government customers to access training, education and policy resources. The combined entity will offer a repository of more than 4K training programs, 16K policies and processes, 200K reports and articles to public …

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Jeff Boushell Joins Mission Essential as Capture VP

Jeff Boushell, former director at Science Applications International Corp. (NYSE: SAIC), has joined Herndon, Va.-based Mission Essential as vice president of capture, GovCon Wire has learned. Prior to SAIC, he held senior leadership positions at CSRA’s defense and intelligence group, Altus Consulting, Vulnerability Research Labs, Verizon’s (NYSE: VZ) federal network …

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LMI Buys The Tauri Group in National Security Service Expansion Push; Tamara Jack Quoted

Tysons, Va.-based nonprofit government consulting services contractor LMI has acquired The Tauri Group for an undisclosed sum in a move to grow service offerings in the homeland security and defense markets. LMI said Tuesday it sought to purchase a company with experience in the areas of defense, preparedness, emerging technology and life …

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IPKeys Seeks to Further Cybersecurity Strategy Through SigmaFlow Acquisition

Technology integration security company IPKeys has acquired compliance management system provider SigmaFlow in a push to accelerate the delivery of cybersecurity offerings for public safety communications and utility sectors. IPKeys said Monday it seeks to further leverage the Cyber Lab as a Service platform and associated support services the company has previously provided to defense and …

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Tyler Technologies Inks $185M Cash Deal to Buy MicroPact; Lynn Moore Quoted

Public sector software provider Tyler Technologies (NYSE: TYL) has agreed to purchase MicroPact from Arlington Capital Partners for approximately $185M in cash in a move to broaden its footprint in the federal government sector. Plano, Texas-based Tyler said Friday the companies expect to close the transaction on March 15, subject …

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CACI Allots $975M for LGS, Mastodon Design Acquisitions; Ken Asbury Quoted

CACI International (NYSE: CACI) has agreed to acquire Herndon, Va.-based government technology contractor LGS Innovations and purchased Rochester, N.Y.-based rugged equipment manufacturer through a pair of deals worth approximately $975M combined. Ken Asbury, president and CEO of CACI and a 2019 Wash100 winner, said in a statement released Wednesday combining …

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