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acquisition

Dec 1, 2022

LMI acquires national security software company

Tysons-based consultancy LMI has acquired Colorado Springs, Colorado-based Synaptech, according to a news release. Terms of the deal were not disclosed. Synaptech creates digital engineering, modeling and simulation software for the national security and space industries. “LMI is thrilled to be entering the fast-paced, growing space market by acquiring Synaptech, which protects our nation’[...]

Nov 3, 2022

Cadmus Group acquires Fairfax contractor

Massachusetts-based consultancy The Cadmus Group LLC announced Wednesday it has acquired Wheelhouse Group, a Fairfax-based business and technology consultancy and federal contractor. Financial details of the transaction were not disclosed. Founded in 2003, Wheelhouse provides organizational change management, stakeholder engagement and communications, workforce transformation and enterprise optimi[...]

Nov 1, 2022

Leidos completes acquisition of Aussie special missions biz

Reston-based Leidos has completed its acquisition of Australia-based Cobham Aviation Services’ special mission subsidiary from British technology aerospace manufacturer Cobham Ltd., the Fortune 500 federal contractor announced Monday. The $215 million deal was first announced in August. The acquisition adds airborne surveillance and search and rescue missions to Leidos’ Australia p[...]

Oct 27, 2022

Telus International to acquire WillowTree for $1.2B

Charlottesville-based WillowTree Inc., recently recognized by Adweek for being one of the fastest-growing agencies in the nation, has entered into an agreement to be acquired by Canadian tech company Telus International Inc. for $1.225 billion, Telus announced Thursday. The acquisition is expected to close in January and is subject to regulatory approvals. Under the agreement, […]

Oct 25, 2022

Arko to buy Pride convenience stores for $230M

Arko Corp., a Fortune 500 holding company for Richmond-based convenience store chain GPM Investments LLC, announced Monday it has agreed to acquire Pride Convenience Holdings LLC, which operates 30 Pride convenience stores in Massachusetts and one in Connecticut. The $230 million acquisition, plus the value of inventory, would bring Arko into Massachusetts and a total […]

Oct 19, 2022

Modus Create acquires Philadelphia-based firm

Reston-based Modus Create Inc., a technology consulting firm, has acquired Philadelphia-based product and application development firm Promptworks LLC, Modus announced Tuesday. A dollar amount for the acquisition was not disclosed. The acquisition follows two others made by Modus Create this year. In May, the company acquired Atlas Authority, a New York-based information technology services and [&[...]

Oct 7, 2022

ASGN acquires D.C. cybersecurity firm

ASGN Inc., a Glen Allen-based Fortune 1000 provider of information technology and professional staffing services, has acquired Washington, D.C.-based Iron Vine Security LLC, a cybersecurity company that works with federal clients, ASGN announced Oct. 3. Financial details have not been publicly disclosed. Iron Vine and its team of 230 workers will become part of ECS […]

Sep 22, 2022

DXC Technology receives takeover interest

Ashburn-based DXC Technology Co. has received takeover interest from at least one private equity firm and is working with advisers, Bloomberg reported Wednesday. A company spokesperson declined to confirm details about the potential takeover to Virginia Business, saying DXC doesn’t “comment on market rumor and speculation.” The company’s stock rose to $28.84 at 1:30 p.m. [&[...]

Sep 15, 2022

Google completes $5.4B Mandiant acquisition

Google LLC has completed its acquisition of Reston-based cybersecurity company Mandiant Inc. in an all-cash transaction valued at $5.4 billion. Google is paying $23 per share for Mandiant, which is joining Google Cloud while retaining its branding. The companies announced the deal in March. Together, Google Cloud and Mandiant will offer customers more capable end-to-end […]

Sep 13, 2022

ManTech stockholders approve $4.2B sale to Carlyle Group

ManTech International Corp. stockholders have approved the Herndon-based tech contractor‘s sale to The Carlyle Group for approximately $4.2 billion. Stockholders green-lighted the sale during a Sept. 7 special meeting, subject to customary closing conditions. The transaction is expected to close this week. “We thank our stockholders for their strong support of this transaction,” said Man[...]

Sep 12, 2022

Arko to acquire Transit Energy Group for $375M

Arko Corp., a Fortune 500 holding company for Richmond-based convenience store chain GPM Investments LLC, announced Monday that GPM and some of its subsidiaries have agreed to acquire South Carolina-based Transit Energy Group for approximately $375 million plus the value of inventory. Transit Energy Group has about 150 convenience stores and fuel supply rights to […]

Aug 30, 2022

Va. Beach-based Fortis acquires Illinois packaging company

Virginia Beach-based packaging manufacturer Fortis Solutions Group LLC has acquired Montgomery, Illinois-based Identi-Graphics Inc., the company announced Tuesday in a news release. Terms of the deal were not disclosed. Identi-Graphics manufactures pressure-sensitive labels and flexible packaging for the snack, bakery, cosmetic and chemical markets in the United States and Canada. It specializes i[...]

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