Tag Archives: Mergers and Acquisitions

Matthew Ritchie, a former senior manager at Northrop Grumman‘s technology services sector, has been named managing director of mergers and acquisitions at Acorn Growth Companies. He is based in the investment firm’s Washington, D.C. office and has more than 10 years of aerospace, defense and government services industry experience, Acorn said Wednesday. Robert Hinaman, …

Nicholas Veasey, director of mergers and acquisitions at Booz Allen Hamilton, will direct the company’s investor relations unit effective June 30. The company said Thursday that Veasey will replace Curt Riggle, who will head the internal education for finance and will continue serving the investor relations unit through summer to help …

Red Hat, Inc. (NYSE: RHT), a provider of open source solutions, announced Thursday that it signed a definitive agreement to acquire Codenvy, a provider of cloud-native tools that developers use to create modern container-based and cloud-native applications. Tools like Codenvy allow software engineers to spend less time on environment management, administration and other …

A new report from EY says that the deal value of global technology mergers and acquisitions reached an all-time high of $466.6 billion due to digital transformation trends. EY said Thursday its “Global technology M&A report: October-December 2016 and year in review” study found that disruptive cloud, mobile, social and big …

The stability services contractor formerly known as Sterling Global Operations has adopted the new name of Janus Global Operations after acquisitions of three risk management and security services providers. Janus Global said Tuesday it formed through the purchases of Janus Security International, SNE Special Projects and Tundra Security Afghanistan in an effort to expand global services in …

Deloitte has released a new survey that indicates a majority of chief financial officers in North America prioritize increased revenue in current markets and cost reduction for 2016. Deloitte’s fourth-quarter CFO Signals survey shows that more than six out of 10 CFOs also intend to acquire customers both in new …

A new PwC report says the value of merger and acquisition deals in the global aerospace and defense sector reached $52 billion in the third quarter of this year alone, surpassing the M&A deal value the sector has recorded for any full year. According to PwC’s Mission Control report, significant deals …

A new KPMG International report has found a rising trend in global mergers and acquisitions driven by the increase in M&A deals among high-growth market acquirers and targets for two semesters in a row from December 2013 to December 2014. KPMG said Tuesday the High Growth Markets International Acquisition Tracker …

Engility, Vencore, Maximus and Raytheon are among the 2015 winners of ACG National Capital‘s annual Corporate Growth Awards for mergers and acquisitions and other strategic corporate deals for companies with a presence in the Washington metropolitan area. “We want to congratulate this year’s winners for continuing their contributions to one of the …

A new PwC report on the mergers and acquisitions in aerospace-and-defense industry says deal activities increased in 2014 compared to 2013 and the number of transactions worth at least $1 billion doubled from the prior year. The firm’s Mission Control report, authored by PwC Global A&D Leader Guillaume Rochard and U.S. A&D Leader Chuck Marx, says the total deal value reached $22.3 billion in …

CACI International CEO Ken Asbury has said the company is regularly looking at opportunities for mergers and acquisitions nearly seven months after its $820 million acquisition of Six3 Systems, the Washington Business Journal reported Thursday. “We’re continuing to look at companies in the M&A space to add a new customer, a new set of techniques, …

Deloitte has released its first annual report on mergers and acquisitions activity in the U.S., indicating a generally positive M&A outlook among 2,500 companies and private equity firms over the next two years. Deloitte’s “M&A Trends Report 2014: A comprehensive look at the M&A market” shows 84 percent of corporate executive respondents …

Boeing is set to expand its fuel efficiency solutions offering through an acquisition of fuel-efficiency management and analytics software provider ETS Aviation, which serves at least 120 airlines and corporate flight agencies around the world. Boeing said Friday it expects to complete the transaction this quarter, after which the company will integrate ETS Aviation’s fuel …

Deb Alderson was recently named president and CEO of Sotera Defense Solutions, and will join the Herdon, Va.-based security technology contractor on July 8. The 25-year industry veteran joins the firm from her role as EVP and COO at SRA International, a position she elevated to shortly after leading more …

Telcordia Technologies Inc. has reorganized its advanced technology solutions business unit into a wholly owned subsidiary, Telcordia announced Thursday. Telcordia said it separated the unit, now known as Applied Communication Sciences, to alleviate U.S. government concerns about the affects of Telcordia’s recent $1.5 billion takeover by Swedish telecommunications firm Ericsson. …