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Tag Archives: M&A Activity

PAE Closes FCi Purchase in Govt Mission Support Push; John Heller Comments

PAE has wrapped up its acquisition of Ashburn, Virginia-based professional services contractor FCi Federal for an undisclosed sum, a move that CEO John Heller says will expand PAE’s information and process management support offerings to the government sector. “As a combined team, we look forward to continuing the exceptional services that FCi’s customers have come …

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Accenture Eyes Federal Cloud Portfolio Expansion Through Phase One Purchase

Accenture (NYSE: ACN) has agreed to purchase Alexandria, Virginia-based Phase One Consulting Group for an undisclosed sum in a move to expand the global management consulting and professional services contractor’s Salesforce (NYSE: CRM) capabilities and cloud platforms for U.S. federal agencies. Accenture said Wednesday it will integrate Phase One into the Accenture Federal …

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Level 3’s Jeff Storey to Succeed Glen Post as CenturyLink CEO in 2019

Jeff Storey, president and CEO of Broomfield, Colorado-based Level 3 Communications (NYSE: LVLT), will serve as president, chief operating officer and board member at CenturyLink (NYSE: CTL) once the Monroe, Louisiana-based telecommunications firm completes its planned $34 billion acquisition of Level 3. Storey will succeed CenturyLink CEO Glen Post, who will …

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CSRA to Buy IT Firm NES Associates; David Keffer, Larry Prior Comment

CSRA (NYSE: CSRA) has agreed to purchase Alexandria, Virginia-based information technology services contractor NES Associates for an undisclosed amount. David Keffer, chief financial officer of CSRA, said Wednesday that the pending acquisition is in line with the Falls Church,Virginia-based company’s “long-term approach to capital allocation, as our balance sheet continues to evolve.” “After aggressively …

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John Mengucci Takes On Expanded COO Role at CACI; Ken Asbury Comments

John Mengucci, chief operating officer and president of U.S. operations at CACI International (NYSE: CACI), will assume additional responsibilities as COO in an effort to advance the company’s strategic growth initiatives. Mengucci will continue to report to CACI President and CEO Ken Asbury and will oversee the company’s mergers and acquisitions, …

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John Sutton Named KeyW COO; Marion Ruzecki Appointed Chief People Officer

KeyW Corp. (Nasdaq: KEYW) has named John Sutton, formerly head of Vencore’s defense, civilian and homeland security group, as chief operating officer and 22-year employee care and recruitment professional Marion Ruzecki as chief people officer. Sutton will succeed the departing COO Mark Willard on May 15, KeyW said Wednesday. “John has extensive experience …

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STG Targets June 30 Closing Date for Preferred Systems Solutions Deal

Government information technology services contractor STG Group has pushed back its plan to finalize purchase of Preferred Systems Solutions from the first quarter of 2017 to the end of June. Reston, Virginia-based STG said Tuesday it raised the acquisition price of PSS to $119.8 million and offered to pay $925,000 in advance …

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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 …

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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 …

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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 …

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