Tag Archives: m&a news

GTEC Reaches Sale Agreement with Ares Management Affiliate for $315 Million; CEO John Hillen Comments

GTEC (NASDAQ: GTEC) reached an agreement to be acquired via cash tender offer by an affiliate of Ares Management, in a deal totaling approximately $315 million. “We are extremely excited about what this new relationship will bring to our customers and employees, and the return this represents for our shareholders, …

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NCI to Buy CSC’s AdvanceMed Corp.

NCI, Inc. (NASDAQ:NCIT) has a deal in place to acquire CSC (NYSE:CSC) subsidiary AdvanceMed Corporation. AdvanceMed focuses on healthcare program integrity services specifically in the area of the detection and prevention of fraud, waste, and abuse in healthcare programs. NCI expects the deal to close in early April.  Additional details …

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Boeing Acquires Summit Aeronautics

Boeing (NYSE: BA) has a deal set to acquire Montana-based Summit Aeronautics Group. The firm carries 135 employees to “manufacture titanium and other hard metal structures for commercial and military aircraft.” Terms of the deal were not disclosed. The two firms have enjoyed successful partnerships in the past. “Bringing this …

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BAE Systems Finalizes OASYS Technology Acquisition

BAE Systems has completed its planned acquisition of OASYS Technology. OASYS Technology and its 65 employees will join the BAE Systems Electronic Solutions sector headquartered in Nashua, N.H. “OASYS Technology offers specialized capabilities that will enhance our ability to serve our customers and provide war fighters with greater capability to …

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CACI Moves to Buy Geospatial Imagery Firm TechniGraphics; CEO Paul Cofoni Comments

CACI International (NYSE: CACI) has a deal in place to acquire TechniGraphics, Inc., a provider of imagery and geospatial services, including digital maps, to the U.S. Intelligence Community. \ The agreement boosts CACI’s place in the mission-critical intelligence space. TechniGraphics boasts a 450-person staff headquartered in Wooster, Ohio, with additional …

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That’s a Wrap: ManTech Finalizes Purchase of QinetiQ’s S&IS Unit; Bill Varner Comments

ManTech (NASDAQ: MANT) has finalized the planned acquisition of QinetiQ North America’s Security and Intelligence Solutions (S&IS) business for $60 million. The Virginia-based S&IS works to provide integrated security solutions to the Department of Defense and the Intelligence Community. S&IS has a successful business record, including a prime position on …

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Sevatec Picks Up Cyber Steam with Interpics Acquisition

Sevatec, Inc., a technology and consulting firm moved to bolster its cybersecurity capabilities by purchasing Intrepics, LLC. “We are very excited about our first strategic acquisition, and welcoming the great folks of Intrepics to our organization, ” said President and CEO of Sevatec Sonny Kakar. “Intrepics has great cultural alignment …

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