Reston’s Trucker Tools acquired by Calif. tech firm
Reston-based Trucker Tools, a software company that provides a digital freight management platform for the transportation industry, has been acquired by Walnut Creek, California-based software company ASG. Financial details of the transaction were not disclosed. Founded in 2013, Trucker Tools offers a software suite with capacity management, predictive freight matching, automated booking, real-tim[...]
Chantilly-based CTSI acquires N.C. A/V company
Chantilly-based technology firm Corbett Technology Solutions Inc. (CTSI) announced Tuesday that it has acquired Morrisville, North Carolina-based Collaborative Technology Solutions LLC (CTS), a provider of audiovisual, security, structured cabling and sound-masking services. Financial details of the transaction were not disclosed. CTSI is a portfolio company of Chicago-based private equity firm Wi[...]
Reston’s LookingGlass Cyber Solutions acquires Texas tech firm
Reston-based cybersecurity contractor LookingGlass Cyber Solutions Inc. has acquired Austin, Texas-based AlphaWave Inc., a cloud-native tech company that provides attack surface management services. Financial details of the transaction were not disclosed. In a news release, LookingGlass said the transaction will complement the Reston company’s existing cybersecurity services for federal and [...]
Reston-based Ellucian to be acquired by Blackstone and Vista Equity Partners
Investment firms Blackstone and Vista Equity Partners have reached an agreement to acquire Reston-based higher education software company Ellucian, according to an announcement from the companies released Monday. Financial terms of the deal were not disclosed. New York-based Blackstone and Texas-based Vista Equity are acquiring Ellucian from Texas-based TPG Capital and Los Angeles-based Leonard Gr[...]
Parsons to purchase BlackHorse Solutions for $203M
Centreville-based Parsons Corp. announced Thursday it has entered into a definitive agreement to acquire Herndon-headquartered BlackHorse Solutions Inc. for $203 million. The transaction is expected to close in July. BlackHorse, founded in 2018, works in the areas of cyber, digital operations, artificial intelligence, machine learning and full-spectrum operations, and Parsons plans to integrate th[...]
Wytheville’s Two-Way Radio acquired by S.C. company
Two-Way Radio Inc., a Wytheville-based provider of communications systems and devices for public safety and industrial clients, has been acquired by Spartanburg, South Carolina-based Mobile Communications America Inc. (MCA). Financial terms of the deal were not disclosed. Both companies are Motorola dealers. Founded in 1948, Two-Way serves clients in Southwest Virginia, West Virginia, Tennessee, N[...]
Dewberry acquires Alabama engineering firm
Fairfax-based professional services firm Dewberry has acquired Birmingham, Alabama-based Edmonds Engineering. A mechanical, electrical and plumbing design and facilities engineering company, Edmonds has 75 employees and five offices in Alabama, Mississippi and Tennessee. The new subsidiary will be branded as Dewberry | Edmonds and will continue operating under its existing leadership. Financial te[...]
SAIC to acquire Arlington-based tech contractor
Reston-based Fortune 500 government contractor Science Applications International Corp. (SAIC) has entered into a definitive agreement to acquire Arlington-based Halfaker and Associates LLC, a technology solutions provider to the federal government’s health, intelligence, defense and security sectors. Financial terms of the deal were not disclosed. “The addition of Halfaker’s pro[...]
W.Va.-based United Bankshares to acquire Essex Bank for $303M
Henrico County-based Community Bankers Trust Corp., the parent company of Essex Bank, has entered into a $303.3 million deal to be acquired by Charleston, West Virginia-based United Bankshares Inc., United Bank’s parent. After the companies announced the agreement Thursday, Community Bankers Trust’s stock rose 29.78% as of mid-afternoon to $11.94 per share and United Bankshares’ [...]
Sentara, Cone Health call off merger
Sentara Healthcare and Greensboro, North Carolina-based Cone Health have abandoned plans for a merger first announced in August 2020, according to a joint statement released Wednesday from the two health care systems. The Sentara Healthcare Board of Directors and the Cone Health Board of Trustees came to the mutual agreement to end affiliation plans late […]
Accenture Federal Services to acquire Novetta
Arlington-based Accenture Federal Services (AFS) has entered into an agreement to acquire Novetta, a McLean-based federal contractor specializing in advanced analytics, machine learning, cyber services and cloud engineering. Terms of the transaction, which is subject to regulatory review, were not disclosed in the announcement released Tuesday by AFS. With 1,300 employees, Novetta is a subsidiary[...]
Reston-based Qlarion acquired by Maryland contractor
Columbia, Maryland-based government contractor GCOM Software LLC announced Wednesday it has acquired Reston-based Qlarion Inc., a data analytics and business intelligence contractor. The purchase marks GCOM’s fifth acquisition since 2018 and its first acquisition of a data analytics company. “Liberating data will enable governments at all levels to make more informed decisions, creating be[...]