M&A Activity

Global investment firm Carlyle completed its acquisition of ManTech International and took the government services contractor private through an all-cash transaction worth approximately $4.2 billion. ManTech said Wednesday it stopped trading on Nasdaq following the completion of the deal and that it will continue to operate through its Herndon, Virginia, headquarters. Stockholders at ManTech approved […] More

SkyePoint Decisions announced its acquisition of SNR Government IT Services, a subsidiary of Arrowpoint Corporation, to help the company’s defense customers manage and modernize the security of their networks, systems and applications. “This acquisition reflects SkyePoint’s determined and unrelenting focus on growth and delivering excellence to our federal government customers,” said Frank Sturek, president of SkyePoint. “Our […] More

Digital Intelligence Systems acquired MAKE, a Chicago-based professional and information technology recruiting firm, in August and DISYS CEO and Founder Mahfuz Ahmed said the McLean, Virginia-based staffing and services provider plans to purchase more companies to further expand its presence in the federal contracting market, the Washington Business Journal reported Thursday. “Being in the Washington […] More

Booz Allen Hamilton has completed the sale of its Middle East- and North Africa-focused business to management consulting firm Oliver Wyman. The financial details of the transaction were not made public. As a result of the closed acquisition agreement, the Booz Allen MENA team will be added to Oliver Wyman’s United Arab Emirates and Saudi Arabia offices, […] More

The Department of Energy’s Argonne National Laboratory sees the combination of ColdQuanta and Supertech providing an opportunity for the two companies to help quantum scientists advance their work through new computing technology platforms. Both companies have developed tools that could support research and development efforts at ARL’s Q-NEXT, one of the five National Quantum Information […] More

ICF has finalized its acquisition of public sector-serving health technology company SemanticBits, adding to the digital services and consulting firm’s health information technology capabilities. With the completion of the transaction, ICF now expects to see changes appear on its second quarter financial results when they go live in August, the Fairfax, Virginia-based consultancy said Thursday. […] More

AST SpaceMobile has agreed to sell its majority share in NanoAvionics, a Lithuania-based small satellite mission integrator and bus manufacturer, to Kongsberg‘s defense and aerospace business for approximately $68 million. The deal is anticipated to be completed in the third quarter, subject to customary closing conditions, and to bring about $28 million in net cash proceeds to AST […] More

L3Harris Technologies will acquire an initial 7.2 percent stake in laser communications equipment supplier Mynaric as part of an $11.4 million investment deal. Under the agreement, L3Harris will obtain 409,294 of the Munich-based company’s bearer stock for approximately $27.90 each share and also gain access to select testing platforms such as a satellite link emulator, […] More

Vectrus has completed its all-stock merger with Vertex and formed V2X, a more diversified company that will provide defense, civilian, national security and international customers with mission support offerings. Chuck Prow “Through this transformative combination, we created a company with the scale and ability to compete for large integrated business opportunities by providing full life-cycle […] More

Francisco Partners has launched a new independent company, named Merative, upon completion of the private equity firm’s acquisition of health care data and analytics assets from IBM’s Watson business. The transaction was first announced in January and the investment company said Thursday it appointed Gerry McCarthy, a three-decade health care industry veteran, as CEO of […] More

CivicPlus, a citizen engagement software provider to local government customers, has completed its acquisition of digital communications technology company Optimere. The deal was first announced in May and Kansas-based CivicPlus said Friday that private equity firm Insight Partners backed the transaction with an additional investment. Brian Rempe, CEO of CivicPlus, said the company aims to […] More

ClearGov, a budgeting software provider to local government agencies, has acquired digital permitting and licensing automation company CityGrows. The acquisition marked ClearGov’s entry into the market for cloud-based software products built to help government personnel simplify their processing of permits and licenses, the company said Tuesday. CityGrows designed its platform for agency employees to manage workflows […] More