Back in August, Ed Casey, Chairman and Chief Executive Officer of Serco North America, spoke with us about the acquisition strategy he had in the works for Serco Group plc. Now it's official: Just this week, Serco completed the acquisition of SI International, a provider of information services, technology, and network solutions to the U.S. government. The acquisition is one more step in Serco's efforts to deliver integrated solutions to the U.S. federal government market. Along with scale and increased resources to bid on larger U.S. government contracts, an increase in depth of capabilities, and access to higher growth areas, the acquisition opens the door to new customer relationships with every branch of the military, various federal civilian agencies, and the intelligence community.
“SI International has built a solid reputation of delivering creative solutions and substantial value to the U.S. federal government,” says Casey. “By combining the talents, skills, and dedication of Serco and SI International employees, we will be able to deliver expanded services to our existing customers and offer compelling solutions to new customers. We have great admiration for the high-quality work and excellent customer service that the SI International team provides to their clients. We welcome this highly-talented team into the Serco organization.”