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Tag Archives: M&A Activity

Bob Kipps: GovCon M&A Sellers Must ‘Know Their Buyer’

Sellers Need to Know Their Buyer Bob Kipps, Managing Director, KippsDeSanto & Company In sales, experts always say “know your customer.” That advice also holds true in large part for owners of Government and Defense industry firms considering the sale of their business. In this year of transition and uncertainty, …

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DynCorp to Realign Business Units, Start New Intl Org; Steve Gaffney Comments

DynCorp International is reorganizing from five business units to three, with one of them a new organization intended to focus on international opportunities, the Washington Post reports. Marjorie Censer writes the company will restructure into three business units: DynAviation, DynLogistics and the new DynGlobal organization. Steve Gaffney, DynCorp chairman, president …

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Dell, Carl Icahn Strike Ownership Limit Deal

Dell‘s (NASDAQ: DELL) board of directors and Carl Icahn have signed an agreement to limit the investor and affiliated entities from owning more than 10 percent of Dell. Icahn also agreed to not enter into agreements with other shareholders to own more than 15 percent of Dell’s shares between them, …

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Exelis Sells Fiberglass Pipe Business; John Shephard Comments

ITT Exelis (NYSE: XLS) has sold its fiberglass reinforced pipe business to a Dubai-based company for an undisclosed sum as Exelis is aiming to target its investments in certain growth platforms. Exelis is targeting future investments in the analytics, electronic warfare and ISR markets (intelligence, surveillance and reconnaissance), the company …

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GovCon Wire Gets Direct Executive View on Market

GovCon Wire‘s executive-driven coverage not only highlights their involvement in significant contract awards and mergers and acquisitions but gets their direct perspectives on what drives the GovCon market and its future trends. Bob Kipps, managing director at investment banking firm KippsDeSanto & Co., casts his eye on the sector’s M&A …

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Deloitte Buying Vivens, Aiming To Grow Salesforce Market Share; Mario van Vliet Comments

Deloitte has agreed to acquire information technology services provider Vivens for an undisclosed sum, aiming to grow its share of the enterprise applications market. The acquisition is expected to close April 2 and 50 Vivens professionals will join Deloitte upon completion of the transaction, Deloitte said Tuesday. Deloitte intends to …

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Report: Dell Committee Examining Blackstone, Icahn Takeover Bids

A special committee within Dell‘s (NASDAQ: DELL) board of directors is looking at alternative takeover proposals nearly a month after the company agreed to $24.4 billion buyout deal with Silver Lake. The company is evaluating the proposals from Blackstone Group and Carl Icahn during a 45-day go-shop period, Reuters reports. …

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Parsons Buys Federal Operations Services Provider; Chuck Harrington Comments

Parsons Corp. has acquired a provider of operations and maintenance services services to federal, state and local government agencies for an undisclosed amount. First Support Services, formerly a subsidiary of FirstGroup, holds the majority of its contracts with the U.S. Air Force and Navy, Parsons said Friday. Chuck Harrington, Parsons …

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BAE Sells Commercial Armored Vehicles Business; Bill O’Gara Comments

BAE Systems has sold its commercial armored vehicles business to a Cincinnati-based security and defense company for $10 million. The O’Gara Group acquires a business it formerly owned until 2001 and the transaction reunites the business’ former owners, members of management and other employees, the company said Monday. O’Gara renamed …

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