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in A Activity, M&amp, News

LMI Eyes Government Service Expansion Through Suntiva Buy; CEO Doug Wagoner Quoted

LMI has acquired Falls Church, Virginia-based business transformation and technology company Suntiva in a move to grow the consultancy’s digital and workforce-related offerings to federal government customers. Suntiva provides services to the Department of Agriculture, U.S. Army, Joint Artificial Intelligence Center and other public health and defense clients, and LMI seeks to gain new customers […] More

by Christine Thropp July 27, 2021, 12:35 pm
in Press Releases

ECS’ George Wilson Comments on ASGN’s Acquisition of IndraSoft

TYSONS CORNER, VA, July 26, 2021 — George Wilson, president of ASGN company ECS, has commented on ASGN’s acquisition of IndraSoft, a Reston, Virginia-based provider of cyber analytics, DevSecOps, cloud, cybersecurity, digital transformation and other enterprise information technology services in support of government agencies, GovCon Wire reported July 19. “The acquisition of IndraSoft deepens our […] More

by Christine Thropp July 26, 2021, 11:48 am
in Press Releases

SAIC Completes $250M Acquisition of Halfaker and Associates; Nazzic Keene Quoted
in A Activity, M&amp, News

BlueHalo Eyes Expanded Space System Capabilities via DDES Acquisition; Jonathan Moneymaker Quoted

BlueHalo has entered into a definitive agreement to acquire Design and Development Engineering Services Corporation to expands the Arlington Capital Partners company’s space-qualified hardware, laser communications systems and directed energy capabilities. “DDES has established itself as a leader in developing space-qualified hardware and we are incredibly excited to partner with the DDES management team as […] More

by William McCormick July 6, 2021, 11:59 am
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in Industry News, Press Releases

Forcepoint to Acquire Cybersecurity Company Deep Secure; Sean Berg Quoted

TYSONS CORNER, VA, June 30, 2021 — Forcepoint aims to expand its cybersecurity portfolio with its planned acquisition of U.K.-based platform security vendor Deep Secure, which is expected to close in August, pending regulatory review and other customary closing conditions, GovCon Wire reported June 16. The content, disarm and reconstruction capabilities of Deep Secure will […] More

by Christine Thropp June 30, 2021, 12:05 pm
8 Shares
in News, Technology

Blackstone to Acquire QTS Realty Trust in $10B All-Cash Deal

Blackstone has entered into a definitive agreement with QTS Realty Trust to acquire the latter in an all-cash transaction valued at approximately $10 billion, including the assumption of debt. QTS said Monday Blackstone will purchase all outstanding shares of common stock of the data center solutions provider for $78.00 per share. “We see a significant market […] More

by William McCormick June 7, 2021, 11:58 am
62 Shares
in M&A Activity, News

SAIC to Purchase Halfaker & Associates for $250M; Nazzic Keene, Baird’s Jean Stack Quoted

Science Applications International Corp. has entered into a definitive agreement to acquire federal health information technology company Halfaker and Associates for approximately $250 million in cash. SAIC named King & Spalding as its legal counsel, while Halfaker tapped Robert W. Baird & Co. to serve as exclusive financial advisor and Crowell & Moring as legal […] More

by William McCormick June 4, 2021, 10:06 am
in M&A Activity, News

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

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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by Noah Chelednik May 4, 2021, 9:25 am
in M&A Activity, News

Maximus to Acquire Veterans Evaluation Services Parent for $1.4B; Bruce Caswell Quoted
in M&A Activity, News

Cubic Board OKs $3B Amended Acquisition Agreement With Veritas, Evergreen

Cubic Corporation announced on Wednesday it has accepted a proposal from Veritas Capital and Evergreen Coast Capital to increase the price per share of their pending acquisition of Cubic to $75.00 per share in cash. By accepting the proposal, Cubic has entered into an amended agreement with Veritas and Evergreen. The all-cash transaction will be valued at approximately $3 billion.

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by Noah Chelednik March 31, 2021, 10:25 am
in M&A Activity, News

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

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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by Sarah Sybert March 3, 2021, 11:17 am
in Industry News, Press Releases

Serco’s Dave Dacquino: WBB Deal Aligns With Defense Portfolio Expansion Strategy

TYSONS CORNER, VA, February 25, 2021 “” Serco Group“™s North American division aims to expand work with the Department of Defense by acquiring Reston, Virginia-based management consulting services provider Whitney, Bradley & Brown, GovCon Wire reported Feb. 16.

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by Christine Thropp February 25, 2021, 1:38 am