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Virginia Beach-based Groundworks acquires Philadelphia co.
Virginia Beach-based Groundworks, a foundation and water management solutions company, announced Wednesday its 21st acquisition since its founding five years ago. Financial terms were not disclosed. Groundworks has acquired Philadelphia-based BQ Basements and Concrete, which expands the company’s Northeast presence into greater Philadelphia, New Jersey and northern Delaware. It’s the t[...]
Reston-based CACI acquires SA Photonics Inc. for $275M
Reston-based Fortune 500 contractor CACI International Inc. entered into an agreement to acquire Los Gatos, California-based SA Photonics Inc., CACI announced Wednesday. Total purchase consideration is $275 million. The transaction is expected to close by the end of the year. SA Photonics develops and deploys multi-domain photonics technologies for free-space optical (FSO) communications, an area [...]
Fairfax-based ICF acquires health care data management company
Fairfax-based management consulting firm ICF International Inc. has acquired Rockville, Maryland-based data management and health care information technology provider ESAC Inc., or Enterprise Science and Computing, the company announced Tuesday. Financial details of the transaction were not disclosed. Founded in 2006, ESAC’s 40-person team works on data coordination centers, big data integra[...]
ManTech to acquire D.C. tech firm for $350M
Herndon-based tech contractor ManTech International Corp. announced Monday that it has signed a definitive agreement to acquire Washington, D.C.-based Gryphon Technologies from Boca Raton, Florida-based AE Industrial Partners for $350 million. Gryphon Technologies provides digital and systems engineering capabilities for U.S. Department of Defense agencies, including predictive analytics, data sci[...]
Amentum to acquire PAE for $1.9B
Falls Church-based government contractor PAE Inc. (Pacific Architects and Engineers) has agreed to be acquired by an affiliate of Germantown, Maryland, aerospace defense contractor Amentum in a $1.9 billion all-cash deal. The transaction is expected to close by the end of the first quarter of 2022, at which time PAE will become a wholly owned […]
Guidehouse acquires McLean tech company
Tysons-based consulting company Guidehouse completed its acquisition of McLean-based Dovel Technologies Inc., the company announced Monday. Financial terms of the transaction, which was announced in September, were not disclosed. “With the Dovel acquisition now complete, we are thrilled to join forces and welcome our new colleagues to Guidehouse as we combine our technology-first business models[...]
Bowman Consulting Group acquires Denver engineering firm
Reston-based civil engineering company Bowman Consulting Group Ltd. has acquired Denver-based building services engineering firm PCD Engineering Inc., it announced Monday. Financial terms of the transaction were not disclosed, but the acquisition was financed with a combination of cash, seller financing and stock. Bowman expects the company to initially contribute about $2.5 million of annual [&he[...]
Cushman & Wakefield acquires Thalhimer’s S.C. operations
Chicago-based real estate firm Cushman & Wakefield announced last week that it had acquired the South Carolina operations of its alliance member, Glen Allen-based Morton G. Thalhimer Inc. The acquisition includes three offices located in Charleston, Greenville and Columbia. Financial details of the transaction were not disclosed. “We are thrilled to have Thalhimer’s South Carolina [&hellip[...]
Vienna tech company acquires Colorado software engineering company
Vienna-based cybersecurity and IT company Criterion Systems Inc. acquired Colorado-based government contractor SAGE Black Consulting and Contracting LLC, the company announced Sept. 28. Financial details of the transaction were not disclosed. SAGE Black provides software engineering services to the geospatial intelligence, space and cyber industries, with an artificial intelligence/machine learnin[...]
Arlington contractor acquires Colorado tech company
Arlington-based aerospace and defense contractor Cobham Advanced Electronic Solutions (CAES) acquired radio frequency (RF) and high-performance computing solutions provider Colorado Engineering Inc. (CEI), the company announced last Friday. Financial details of the transaction were not disclosed. “With a shared customer-first culture and passion for solving the most challenging electronic breakt[...]
Luck Stone acquires N.C. company, 2 quarries
Goochland County-based crushed stone producer Luck Stone acquired North Carolina-based Ararat Rock Products Co. and its quarries in Mount Airy and Eden, the company announced Thursday. Financial details of the transaction were not disclosed. The acquisition expands Luck Stone’s presence in North Carolina beyond its quarry operation in Pittsboro. On Oct. 1, ownership transferred to […]
Dominion Energy to sell Questar Pipeline to Southwest Gas for $1.9B
Richmond-based Dominion Energy Inc. has reached an agreement to sell its Questar Pipeline subsidiary to Las Vegas-based Southwest Gas Holdings Inc. for $1.975 billion, the Fortune 500 utility announced Tuesday. The all-cash deal includes the assumption of $430 million of debt. The transaction is expected to close in the fourth quarter. Questar Pipeline is an […]
