Tag Archives: acquisition

Booz Allen to Acquire Liberty IT Solutions for $725M; Baird’s John Song Comments

John Song Managing Director Baird

Booz Allen Hamilton announced Tuesday that it has entered into an agreement to acquire Liberty IT Solutions for $725 million in an effort to strengthen the former's digital solutions capabilities and improve the its ability to work with strategic industry partners to help clients adapt and transform. "Liberty IT has been extremely successful in helping to operationalize Salesforce within federal market so it’s not difficult to see why this transaction makes sense for Booz Allen,” said John Song, managing director at Baird, which serves as Liberty’s exclusive financial adviser.

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Maximus to Acquire Veterans Evaluation Services Parent for $1.4B; Bruce Caswell Quoted

Bruce Caswell President and CEO Maximus

Maximus has agreed to purchase Veterans Evaluation Services' (VES) parent company for $1.4 billion in support of its long-term corporate strategy for revenue growth and ongoing strategic priority of expanding footprint in the U.S. federal market. The acquisition, which is subject to U.S. antitrust filing requirements and customary closing conditions, is expected to close during Maximus' third fiscal quarter, the company said Wednesday.

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NTT Data Services EVP Tim Conway Wins Second Wash100 Award for Business Expansion Efforts, Government Support Services

Tim Conway EVP of NTT Data Services

Executive Mosaic is glad to introduce Tim Conway, executive vice president of NTT Data Services and president of its public sector business, as a recipient of the 2021 Wash100 Award for driving the company's expansion of federal health digital service offerings and helping federal and state governments implement technologies for enhanced customer experience.

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General Dynamics CEO Phebe Novakovic Receives Seventh Wash100 Award

Phebe Novakovic CEO General Dynamics

Phebe Novakovic, chairwoman and CEO of General Dynamics, has been named a recipient of the 2021 Wash100 Award for her leading company initiatives in meeting federal government requirements and helping defend national security interests. Executive Mosaic congratulates General Dynamics and Phebe Novakovic for her 2021 Wash100 Award. Visit Wash100.com to cast a vote for Phebe Novakovic. 

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Accenture to Purchase Cygni in Enhanced Cloud First Services Push; Karthik Narain Quoted

Karthik Narain Cloud First Global Lead Accenture

Accenture said Monday it has entered into an acquisition agreement with Cygni in an effort to enhance the global capabilities of Accenture Cloud First. Cygni is a cloud-native full-stack development firm that provides a broad range of information technology (IT) services. According to Accenture, the terms of the transaction have not been disclosed. 

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BAE Acquires Electronics Developer Pulse Power and Measurement

BAE Systems

BAE Systems has acquired Pulse Power and Measurement (PPM), a developer and manufacturer of high-end electronics, in an effort to enable BAE to further advance its strategic objective to develop and grow its capabilities in secure systems and information exploitation. “Pulse Power and Measurement Limited and BAE Systems are an excellent fit," said Ian Muldowney, COO and engineering director, BAE Systems' Air Sector.

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Jacobs Completes Purchase of 65% Stake in PA Consulting; Steve Demetriou Quoted

Steve Demetriou Chair

Jacobs has completed a transaction with PA Consulting through which it secured a 65 percent stake in the U.K.-based management consulting company. The investment placed an enterprise value of $2.5 billion to PA Consulting and the move is expected to drive Jacobs' growth strategy as a leading technology-enabled solutions provider. The purchase was approved by PA employees and shareholders, with 99.9 percent voting in favor of the partnership.

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ManTech Chairman, President & CEO Kevin Phillips Wins Fifth Wash100 Award; Jim Garrettson Quoted

Kevin Phillips Chairman

Kevin Phillips, chairman, president and CEO of ManTech International, has been awarded his fifth consecutive Wash100 Award for his efforts in driving company growth through acquisitions, securing major government contract awards and driving innovation in emerging technologies. “His commitment to the company and the government contracting community has earned Kevin a well deserved reputation of reliability and consistently solid growth,“ said Jim Garrettson, CEO of Executive Mosaic and founder of the Wash100 Award

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