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Tag Archives: M&A Activity

Tony Smeraglinolo: Engility Targets New Contract Vehicles As DRC Buy Closes

Engility Holdings (NYSE: EGL) has closed its $11.50-per-share acquisition of Dynamics Research Corp. as part of a growth strategy to target markets such as healthcare and homeland security. DRC holds 300 active contracts and that figure includes several positions on indefinite-delivery/indefinite-quality contract vehicles awarded by the Defense Department and civilian agencies, …

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Wesco Inks Deal to Buy Chemical Supply Chain Firm Haas for $550M; Randy Snyder Comments

Wesco Aircraft Holdings (NYSE: WAIR) has agreed to acquire chemical supply chain management provider Haas Group from The Jordan Company for $550 million in cash. Wesco intends to close the acquisition by the end of March, pending closing conditions, and the deal has been approved by both Wesco’ and Hass’ board …

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Sudhakar Kesavan: ICF to Buy Belgium-Based Mostra for Europe Market Push

ICF International (NASDAQ: ICFI) has moved to grow its communications services portfolio in Europe by agreeing to buy Brussels, Belgium-based Mostra S.A. for an undisclosed amount. ICF intends for the acquisition to increase its earnings per share starting in the second quarter of its 2014 fiscal year and will adjust …

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John Veihmeyer: KPMG Finalizes Link Analytics Buy as Big Data Continues to ‘Fundamentally Transform’ Decision Making

KPMG LLP has closed its purchase of analytical services provider Link Analytics for an undisclosed sum in an effort to help clients manage their operations by increasing usage of big data. Link Analytics employees will be a part of KPMG’s advisory business as both firms aim to work with customers …

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Deepak Hathiramani: Vistronix Targets Intell Tech Growth With Kimmich Software Acquisition

Vistronix has moved to expand its federal information technology suite by purchasing Maryland-based Kimmich Software Systems Inc. KSSI offers customers technologies and services for analytics, cyber operations, signals processing, software development and systems engineering, Vistronix said Wednesday. “With this transaction now complete, we are strategically positioned to accelerate Vistronix’s vision to …

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David Dacquino, SkyLink Aviation Form JV with the First Compliant Afghan Airline

SkyLink Aviation and Afghanistan-based East Horizon Airlines have formed a joint venture to provide aviation and logistics services across that country, the companies said Nov. 19. The announcement noted East Horizon is the youngest airline in Afghanistan and the first to be compliant with the Afghanistan Civil Aviation Authority‘s new rules and …

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CenturyLink Buys Cloud Platform Provider Tier 3; Jared Wray, Jeff Von Deylen Comment

CenturyLink (NYSE: CTL) has moved to bolster its cloud computing portfolio by acquiring Seattle area-based public cloud services provider Tier 3 for an undisclosed sum. Jared Wray, founder and chief technology officer for Tier 3, has joined CenturyLink as CTO for the company’s cloud organization and will lead the cloud development center …

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HP, Salesforce Forge Cloud Alliance; Marc Benioff, Meg Whitman Comment

Hewlett-Packard (NYSE: HPQ) and Saleforce.com (NYSE: CRM) are partnering to develop a dedicated instance in the Salesforce multi-tenant cloud that is built to run on HP’s converged infrastructure. The service will be available for an undisclosed fee to Salesforce.com customers, HP said Monday. Marc Benioff, Salesforce chairman and CEO, said the service …

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Acentia Purchases IT Firm InSysCo for Financial Services Market Push; Todd Stottlemyer Comments

Acentia has acquired Fredericksburg, Va.-based information technology services provider InSysco for an undisclosed amount as part a strategy to grow financial services offerings to federal agencies. InSysCo holds a prime position on the Treasury Department‘s Treasury Information Processing Support Services 4 contract vehicle and provides software development services to clients, …

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Integrity Applications Buys Pacific Defense Solutions; Joseph Brickey, Wesley Freiwald Comment

Integrity Applications Inc. has purchased space surveillance and technical services provider Pacific Defense Solutions LLC as part of efforts to grow IAI’s space offerings. IAI intends to consolidate the Kihei, Maui-based company’s technologies into its engineering and software service offerings in order to seek business opportunities, IAI said Friday. Joseph …

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