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Tag Archives: M&A Activity

Acentia Merges With Federal Health IT Provider, Stottlemyer Named CEO

Acentia and federal health information technology provider 2020 Company are merging and will operate as Acentia, the companies announced Monday. Acentia CEO Todd Stottlemyer will hold the same position at the combined company and 2020 Chief Operating Officer Robert McCord will become president and COO. Stottlemyer said in a release …

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White Oak Merger Forms Big Data Firm; LaMontagne Named CEO

Arlington Capital Partners has merged its portfolio company White Oak Technologies Inc. with FGM Inc. to create Novetta Solutions, the private equity firm announced Wednesday. Peter LaMontagne, former president and CEO of Paradigm Holdings, will serve as Novetta’s CEO. He has led CACI International Inc.’s (NYSE: CACI) cyber practice and …

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LMI Buys Huntsville Firm to Expand Southeast Business

LMI has purchased Huntsville, Ala.- based government contracting and consulting firm Belzon Inc. for an undisclosed amount. LMI intends to expand its business in the Southeast region and will locate its Southeast regional business headquarters in Huntsville, according to a company announcement. The Southeast region includes Tennessee, Florida, Georgia, Louisiana …

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The SI Org. Adds Defense, Intel Comm Provider

The SI Organization Inc. has agreed to acquire strategic communication services provider PhaseOne Communications Inc, the SI announced Tuesday. The SI did not disclose terms of the transaction. The SI will integrate Los Angeles-based PhaseOne into the SI’s system acquisition and intelligence operations. PhaseOne has offices in McLean, Va. and …

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Ericsson Closes $1.15B Deal to Buy Telcordia

Ericsson (NASDAQ: ERIC) announced Thursday it has closed its $1.15 billion cash acquisition of Telcordia. Ericsson expects the deal to increase its earnings per share in the year after closing. Telcordia and its employees are now part of the Ericsson Group. Ericcson’s business unit Multimedia will manage Telcordia, although Ericsson said Telcordia’s …

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