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Serco completes $295M acquisition of Reston contractor
Herndon-based federal contractor Serco Inc. (a subsidiary of United Kingdom-based Serco Group plc) has completed its $295 million acquisition of Reston-based Whitney, Bradley & Brown (WBB) from an affiliate of Florida-based private equity firm H.I.G. Capital. The acquisition strengthens Serco’s program management services for its Department of Defense clients and enriches the companyR[...]
Arlington-based Higher Logic acquires Montreal’s Vanilla
Arlington-based tech company Higher Logic has acquired Canadian cloud-based community software company Vanilla. Vanilla was owned by New York-based growth equity investment firm Level Equity. Financial details of the acquisition were not disclosed. Founded in 2007, Higher Logic offers a community engagement software platform aimed at associations and the corporate B2B market. With the acquisition [...]
Booz Allen Hamilton acquires Herndon IT company for $725M
McLean-based Fortune 500 global management consulting company Booz Allen Hamilton Inc. announced Tuesday that it has entered into a definitive agreement to acquire Herndon-based Liberty IT Solutions LLC for $725 million. In a statement, Booz Allen President and CEO Horacio Rozanski said, “This acquisition supports our long-term strategy to drive continued growth by investing in innovative [[...]
Noblis acquires McKean Defense
Reston-based not-for-profit federal contractor Noblis announced Monday that it has acquired Philadelphia-based McKean Defense and its affiliates, Mikros Systems and Cabrillo Technologies. The amount of the acquisition was not disclosed. Formerly an employee-owned defense contractor specializing in surface ship readiness for the U.S. Navy, McKean Defense is now a wholly owned subsidiary of Noblis. [...]
Ashburn-based CIS acquired by Indiana private equity firm
On April 20, Indianapolis-based private equity firm Hammond, Kennedy, Whitney & Co. Inc. (HKW) announced that it had acquired Ashburn-based technology company CIS Secure Computing Inc. (CIS) from Oklahoma City-based Acorn Growth Cos. LLC. The financial terms of the transaction were not disclosed. CIS is a provider of secure and customized communications technologies that help […]
SAIC plans to purchase Seattle AI company
Reston-based Fortune 500 government and defense contractor Science Applications International Corp. (SAIC) plans to acquire Koverse, a Seattle data management company focused on artificial intelligence, SAIC announced Monday. The companies have entered into a definitive agreement, and financial terms of the deal were not disclosed. Founded in 2012, Koverse develops AI tools for federal and [&helli[...]
Henrico-based The Hilb Group announces four acquisitions
Henrico County-based insurance company The Hilb Group LLC (THG) announced a series of acquisitions in the last three weeks, bringing its total offices to more than 100 in 22 states. The company has been focused on acquisitions in recent years. Founded in 2009, THG has been a portfolio company of Washington, D.C.-based investment management company […]
Maximus acquires Houston veterans services company for $1.4B
Reston-based government services company Maximus announced Wednesday that it will purchase the parent company of Veterans Evaluation Services Inc. (VES) for $1.4 billion. Based in Houston, VES is a privately held company that serves the federal government, including the U.S. Department of Veterans Affairs, as a provider of medical disability examinations to determine veterans’ eligibility [&hell[...]
3Pillar Global closes third acquisition within year
Fairfax-based product lifecycle management company 3Pillar Global Inc. has completed an acquisition of North Carolina-based software firm Software Development Europe, it announced Tuesday. It’s the third acquisition for 3Pillar during the past year — part of a growth strategy fueled by an investment from New York-based private equity investor CIP Capital, according to 3Pillar. The […]
CoStar to purchase Norfolk-based Homes.com for $156M
CoStar Group Inc. announced Wednesday it has reached an agreement to purchase Homes.com, a division of Norfolk-based Dominion Enterprises, for $156 million in cash. Homes.com is a residential property listing and marketing portal that brings nearly 1.8 million residential property listings each month to its membership base of more than 500,000 residential real estate agents […]
Leesburg anti-phishing tech company Cofense buys Israeli firm
Leesburg-based tech firm Cofense, which specializes in phishing detecting and response solutions, announced Wednesday that it has acquired Israel-based Cyberfish, a company that provides artificial intelligence-based technology to battle phishing emails and websites. Financial details of the transaction were not disclosed. According to a news release, Cofense plans to use the data it has gathered [...]
Gainwell Technologies acquires health care tech company for $3.4B
Reston-based Gainwell Technologies, a six-month-old spinoff company of DXC Technology, has completed its approximately $3.4 billion acquisition of HMS Holdings, a Texas-based health care technology company, Gainwell announced April 1. The all-cash deal, announced in December 2020, was made for $37 per share. Gainwell, which has more than 7,500 employees, was created in October as […]
