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Tag Archives: M&A Activity

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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Rockwell Collins Closes $8.6B B/E Aerospace Buy in Product Portfolio Diversification Push

Rockwell Collins (NYSE: COL) has wrapped up its purchase of airline cabin equipment provider B/E Aerospace (Nasdaq: BEAV) for approximately $8.6 billion in a push to diversify and expand its product portfolio and accelerate its global growth initiatives. The companies originally disclosed the $6.4 billion cash-and-stock transaction in October 2016 and Rockwell …

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CenturyLink, Level 3 Get 4 Additional State Clearances for Planned $34B Merger

CenturyLink (NYSE: CTL) and Level 3 Communications (NYSE: LVLT) have received regulatory clearances in Maryland, Delaware, Hawaii and Washington, D.C., for the companies’ planned merger that was announced in October 2016. The approvals are in addition to the clearances the firms earlier received from the states of Connecticut, Georgia, Indiana, Louisiana, Nevada, Ohio, Texas, Utah and …

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Buchanan & Edwards Buys Nat’l Security Consulting Firm R2C; Dennis Kelly Comments

Arlington, Virginia-based government technology advisory services company Buchanan & Edwards has bought Fairfax, Virginia-based Reports and Requirements Company in a push to grow analytics offerings for customers in the national security sector. R2C offers consulting services to intelligence community and national security customers in the areas of data governance, data curation, cyber intelligence, collection management and intelligence training, Buchanan …

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