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Tag Archives: New Mountain Capital

Huntington Ingalls to Buy Camber for $380M to Add IT, Govt Services Market Footprints

Military shipbuilder Huntington Ingalls Industries (NYSE: HII) has agreed to acquire government services contractor Camber Corp. for $380 million in a move to diversify revenue and add new information technology work with U.S. defense, intelligence and civilian agencies. Huntington Ingalls’ move for Camber comes in a year where other larger defense prime contractors …

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Philip Nolan Succeeds Walter Batson as Camber CEO; Bert Notini Comments

Philip Nolan, a member of Camber Corp.’s board of directors for three years, has been appointed CEO of the company. He will succeed Walter Batson, who will continue as chairman of Camber’s board of directors, the company said Wednesday. Batson co-founded Camber in April 1990 and has led the company for the past …

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Iron Bow CEO Rene LaVigne, Other Execs Acquire Controlling Interest in Company

  Iron Bow Technologies President and CEO  Rene LaVigne has acquired a controlling interest in the company with other company executives through a management buyout from New Mountain Capital LLC. The company said it will not experience any organizational changes as a result.   New Mountain and other selling shareholders will retain a minority interest …

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URS Completes Acquisition of Apptis Holdings for $260M

URS Corporation (NYSE: URS) has announced it has completed its acquisition of Apptis Holdings, Inc., a provider of complex information technology services to the federal government, for $260 million cash. The acquisition does not include Apptis’ product reseller subsidiary Iron Bow, which will continue to operate as an independent, stand-alone …

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