CACI International announced yesterday it has signed a definitive agreement to acquire Paradigm Holdings, Inc., a federal IT solutions provider and parent company of Paradigm Solutions. The acquisition will expand CACI’s cybersecurity portfolio and is anticipated to close within the next several months.
According to CACI, Paradigm’s specific offerings range from cybersecurity and software engineering to cyber operations that include network security monitoring, designing and upgrading data centers, and managing security and network operations centers. Some of the company’s key clients include the Federal Aviation Administration, Defense Information Systems Agency, and the departments of State, Energy and Treasury.
“The acquisition of Paradigm will increase CACI’s capability to meet our customers’ urgent requirements for secure critical infrastructures and safe, reliable operations across their enterprises,” said Paul Cofoni, CACI’s president and chief executive officer. “The transaction demonstrates both our sustained focus on innovation and client service excellence, as well as our strategy to continually grow CACI capabilities that are vital to national security.”
Paradigm is headquartered in Rockville, Md., and has approximately 185 employees.
“We look forward to being part of the CACI team, adding our solutions in cybersecurity and enterprise IT to CACI’s significant capabilities in these areas and across the spectrum of IT and professional services,” said Peter LaMontagne, president and chief executive officer of Paradigm. “Together, we will give our combined client base access to greater solutions, and we intend to open up new markets with new clients.”
“CACI has an empowering corporate culture and is dedicated to employee growth, and we are eager for the opportunities that will be available to us as part of the CACI team,” he added.