Tech contractor continues acquisition streak
Tech contractor continues acquisition streak
Katherine Schulte// November 23, 2021//
Arlington-based tech contractor BlueHalo announced Tuesday that it had acquired Annapolis Junction, Maryland-based software solutions provider Asymmetrik Ltd.
Financial details of the transaction were not disclosed.
Founded in 2008, Asymmetrik develops software solutions and technology tools to enable the intelligence community’s programs. It delivers open-source intelligence technologies to enable the collection and analysis of publicly available information. Asymmetrik has more than 120 employees.
“We are excited to welcome the next chapter of the Asymmetrik story under the banner of BlueHalo and provide our new and existing customers a more expansive set of tools, capabilities, and resources. … We could not have found a better partner in BlueHalo where together, we will continue to tackle the most challenging problems our customers are facing,” Asymmetrik co-founder and chief technology officer Amit Singh and co-founder and CEO Mike Frentz said in a statement.
BlueHalo is a national security platform with capabilities across space technology, advanced radio frequency, signals intelligence and cyber.
BlueHalo has made multiple acquisitions recently. In early November, BlueHalo acquired San Diego-based Citadel Defence Co., in August, it acquired Rockville, Maryland-based Intelligent Automation Inc. and in July it acquired Albuquerque, New Mexico-based Design and Development Engineering Services Corporation (DDES).
“The combination of Asymmetrik’s and BlueHalo’s deep technical capabilities, cultures of excellence and focus on the mission will only further enhance our ability to serve our customers’ most important and complex needs,” BlueHalo CEO Jonathan Moneymaker said in a statement.
BlueHalo is owned by Arlington Capital Partners, a Washington, D.C.-based private equity firm.
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