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ASGN Inc. acquires Fairfax consulting firm
Richmond-based ASGN Inc., a Fortune 1000 provider of IT and professional services, acquired Fairfax-based Enterprise Resource Performance Inc., a health care consulting and data analytics firm that delivers federal healthcare transformation services, ASGN announced Thursday. ERPi’s 250 consultants will become part of ECS, ASGN’s Fairfax-based federal contracting subsidiary. ERPi was fo[...]
McLean-based IntelliBridge LLC acquires Arlington’s U. Group
McLean-based tech contractor IntelliBridge LLC has acquired Arlington-based technology solutions firm U.Group, the company announced Tuesday. Financial details of the transaction were not disclosed. “U.Group’s team of creative and innovative technology experts solidifies our position in the digital solutions marketplace,” IntelliBridge President and CEO Cass Panciocco said in a state[...]
Arlington’s Sage Management acquired by S.C. firm
Sage Management, an Arlington-based telecommunications software company, has been acquired by Charleston, South Carolina-based SIB Fixed Cost Reduction, SIB parent company O2 Investment Partners announced Tuesday. Financial details of the transaction were not disclosed. “Sage introduces a new adjacency that transforms SIB’s telecom cost-reduction capabilities,” SIB CEO Kevin Flounder[...]
Clarabridge to be acquired by Utah firm in $1.13B deal
Reston-based software company Clarabridge Inc. is being acquired by Provo, Utah-based data analytics firm Qualtrics International Inc. in a nearly $1.13 billion all-stock deal, the companies announced Thursday. Clarabridge’s platform uses artificial intelligence to provide conversational analytics — it is able to analyze customer feedback from indirect sources like social media, emails, su[...]
Telos Corp. acquires Alabama biometric software company
Ashburn-based cybersecurity firm Telos Corp. has acquired Alabama-based biometric software company Diamond Fortress Technologies Inc., Telos announced Monday. Financial terms of the transaction were not disclosed. The acquisition adds patents to Telos’ biometric and digital identity intellectual property. Telos will integrate DFT’s ONYX software into its platform. ONYX is a touchless f[...]
Come together
Virginia is seeing a wave of bank mergers and acquisitions, a trend that could intensify, banking experts say. “We could potentially see a record-setting year for bank mergers and acquisitions,” says John Asbury, president and CEO of Richmond-based Atlantic Union Bankshares Corp. and chairman of the Virginia Bankers Association. Banks are reaching for scale, meaning […]
LMI acquires Falls Church solutions consulting company
Tysons-based government and defense contractor LMI acquired Falls Church-based Suntiva, it announced Tuesday. Suntiva is a technology-enabled solutions company focused in the public health and defense markets. The acquisition provides LMI with new customer access, particularly the U.S. Food and Drug Administration, the National Institutes of Health, U.S. Department of Agriculture, Defense Informat[...]
The Hilb Group acquires Medicare-focused firm, six Va. companies
Henrico-County based insurance company The Hilb Group LLC finalized its acquisition of Health Quote of Rhode Island Inc. on July 1, it announced Tuesday. Financial terms of the transaction were not disclosed. Health Quote specializes in Medicare offerings, and its clientele will join THG’s Medicare practice. THG CEO Ricky Spiro said in a statement, “Our […]
Arlington federal contractor acquires Alexandria tech firm
Arlington-based IT services federal contractor Planned Systems International Inc. acquired Alexandria-based technology company ProSphere Tek Inc., it announced Thursday. Financial details of the transaction were not disclosed. Founded in 2006, federal contractor ProSphere designs and maintains mission-critical systems, supports data center operations and migrates business services to public clouds[...]
Shield AI acquires Alexandria-based defense contractor
Alexandria-based defense contractor Heron Systems Inc. was acquired by San Diego-based technology company Shield AI, according to announcement Thursday from Shield AI. Financial details of the transaction were not disclosed. The companies will work on the deployment of artificial intelligent pilots for military aircraft. Shield AI is applying self-driving car technologies to military aircraft, acc[...]
Avantus Federal acquires Reston-based software company
Avantus Federal, a McLean-based IT defense contractor and NewSpring Holdings company, has acquired Reston-based software company Occam’s Razor Technologies LLC, it announced Thursday. Financial details of the transaction were not disclosed. Avantus CEO Andy Maner said in a statement, “For more than 10 years, Occam’s Razor Technologies has built a company committed to developing innov[...]
ASGN buys Reston’s IndraSoft
Henrico County-based Fortune 1000 professional services company ASGN Inc. has acquired Reston-based software company IndraSoft Inc., it announced Friday. IndraSoft’s 220 consultants will join the Missions Solutions business unit at ECS, ASGN’s Fairfax-based federal contracting subsidiary. Acquired by ASGN in 2018, ECS delivers tech solutions in cloud, cybersecurity, artificial intellig[...]
