Tag Archives: M&A Activity

Advent International and Crosspoint Capital Partners have agreed to acquire Forescout Technologies (Nasdaw: FSCT) for $33 per share in cash, or approximately $1.9B, in a deal that will take the cybersecurity software company private. Michael DeCesare will remain as Forescout's president and CEO after the deal closes, the company said Thursday.

Reston, Va.-based contractor Science Applications International Corp. (NYSE: SAIC) has agreed to buy Unisys' (NYSE: UIS) federal arm for approximately $1.2B cash in a push to expand digital transformation technology and support offerings for the U.S. government. Nazzic Keene, CEO of SAIC and three-time Wash100 inductee, said the company aims to become a leading digitial transformation services provider to federal agencies through the acquisition.

Information technology services provider Trowbridge & Trowbridge has acquired Fredericksburg,Va-.based IntelliWare Systems for an undisclosed amount in a move to expand the former’s national security portfolio and client network.

Leidos (NYSE: LDOS) has agreed to buy the security detection and automation businesses of L3Harris Technologies (NYSE: LHX) for $1B in cash to broaden its product portfolio in the global security market.

Huntington Ingalls Industries (NYSE: HII) has agreed to acquire Pocasset, Mass.-based marine robotics provider Hydroid from Kongsberg Maritime for approximately $350M to expand its capabilities in the autonomous and unmanned maritime systems market.

Affiliates of private equity firms Lindsay Goldberg and American Securities have completed the acquisition of AECOM’s (NYSE: ACM) management services business for $2.4B. “We are pleased to complete this value-enhancing transaction, which further hones our focus on our Professional Services business and we expect will enable us to accelerate debt reduction and share repurchases,” Michael Burke, chairman and CEO of AECOM, said in a statement published Monday.

Dynetics -- now officially part of Leidos (NYSE: LDOS) -- has secured a potential five-year, $93M contract to help the U.S. Air Force update a range of equipment and systems used to simulate weapons. The company will modernize Guided Weapons Evaluation Facility systems, provide vehicle hardware for Air Force Research Laboratory's loop simulators and develop a combat identification multiplatform for joint use, the Department of Defense said Friday.

Leidos (NYSE: LDOS) finalized its purchase of Huntsville, Ala.-based technology services contractor Dynetics for approximately $1.65B in cash a month after the transaction was initially announced.

Accenture (NYSE: ACN) has agreed to acquire Sierra-Cedar’s Workday, U.S. Mulesoft and Salesforce practices for an undisclosed sum in a push to expand its offerings to government and higher education organizations seeking to update their core operations and software for finance, accounting, human resources and student services.

A new PwC report says the value of mergers and acquisitions in the aerospace and defense sector worldwide reached $93.8B in 2019, reflecting a 62 percent increase from the previous year.