Tag Archives: m&a

SAIC Board to Add Engility Directors David Kerko & Katharina McFarland

TYSONS CORNER, VA, December 6, 2018 — Science Applications International Corp. (NYSE: SAIC) has lined up Engility (NYSE: EGL) Board Members David Kerko and Katharina McFarland to join its own board of directors once the companies’ $2.5B acquisition deal is finalized next year, ExecutiveBiz reported Wednesday. SAIC said Tuesday the appointment …

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Baird’s Jean Stack: 2018 a Transformational Year for GovCon

Several top government contractors and industry experts attended Baird’s 2018 Government Services and Defense Conference. “2018 has been a transformational year of M&A at scale in the government services and defense market,” Jean Stack, managing director for global investment banking at Baird, told GovConWire. Stack added that she expects 2019 to …

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George Krivo: DynCorp Exploring M&A Opportunities to Scale Up Business

TYSONS CORNER, VA, November 12, 2018 — DynCorp International CEO George Krivo has said the company is working to scale up its business with up to $4B in targeted annual revenue through potential merger and acquisition opportunities, ExecutiveBiz reported Oct. 11. Krivo, a 2018 Wash100 awardee, told Defense News in an interview …

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CACI CEO Ken Asbury: Organic Growth is Top Priority

Ken Asbury, president and CEO of CACI International (NYSE: CACI) and a five-time Wash100 winner, has said the company’s first priority is to continue organic growth efforts. “M&A remains our priority for capital deployment and we are pursuing quality companies and contracts that add new customers and fill capability gaps …

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CACI’s Ken Asbury Talks Acquisition Targets, Federal Market Outlook

TYSONS CORNER, VA, July 9, 2018 — Ken Asbury, president and CEO of CACI International (NYSE: CACI), has said the company looks into factors such as cultural fit and go-to-market strategy when considering potential targets for acquisition, ExecutiveBiz reported July 2. Asbury, a five-time Wash100 award recipient, also told Government …

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Serco’s North American Arm Closes BTP Systems Purchase; Dave Dacquino Comments

Serco Inc., the British contractor’s North American business, has wrapped up its acquisition of Ludlow, Massachusetts-based technology and professional services contractor BTP Systems. Both companies first announced the deal in October of last year and Serco Inc. said Friday it plans to integrate BTP operations within its command, control, communications, computers, combat systems, intelligence, …

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DSA’s RJ Kolton Recommends 6 Actions for Midtier IT Company Growth in Defense Market

TYSONS CORNER, VA, Jan. 2, 2018 — R.J. Kolton, senior vice president for business development at Data Systems Analysts, has presented six approaches that midtier information technology companies can adopt in 2018 to drive long-term growth and their overall competitiveness in the defense market. Kolton wrote in a guest post …

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Bluestone Execs John Allen, Susan Gabay, Greg Van Beuren to Join Houlihan Lokey’s Govt Unit

Three senior executives at McLean, Virginia-based Bluestone Capital Partners will join Houlihan Lokey’s (NYSE: HLI) aerospace, defense and government services group as managing directors after the Los Angeles, California-based investment bank merged ADG with Bluestone’s mergers and acquisitions advisory practice. John Allen, Bluestone co-founder and CEO; Susan Gabay, Bluestone co-founder and …

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Carey Smith: Parsons’ Williams Electric Acquisition to Boost Control Systems Portfolio

TYSONS CORNER, VA, Dec. 4, 2017 — Carey Smith, federal group president at Parsons, said the company sees new opportunities in the control systems sector following its acquisition of control systems integration firm Williams Electric, ExecutiveBiz reported Friday. Smith, an inductee into Executive Mosaic’s Wash100 for 2017, told the Pasadena Star-News in …

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HIG Acquires WBB to Expand Govt Market Footprint; Robert Olsen, Jeff Zanarini Comment

Private equity investment firm H.I.G. Capital has bought Reston, Virginia-based program management and consulting services provider Whitney, Bradley and Brown for an undisclosed sum. WBB CEO Robert Olsen said in a statement published Tuesday the company aims to utilize H.I.G.’s resources in efforts to expand services for federal agency customers. WBB …

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