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Reston-based SOC Telemed buys Texas telehealth practice for $194M
Reston-based SOC Telemed Inc. announced this week it has purchased Texas-based medical practice Access Physicians for $194 million in cash and stocks. The acquisition will create the largest acute care telemedicine provider in the United States. According to SOC Telemed, the combined company is estimated to have earned $107 million to $113 million in pro […]
IFS purchases Axios Systems
Global enterprise software company IFS announced last week that it had agreed to buy Axios Systems PLC, a Scottish IT company whose North American headquarters is located in Herndon. Terms of the acquisition, expected to be complete in the second quarter, were undisclosed. IFS said March 22 that its acquisition of Axios, which provides cloud-based […]
MWAA sells facial recognition system to Pangiam
VeriScan, a facial-recognition system developed by the Metropolitan Washington Airports Authority, has been sold to Alexandria-based Pangiam, a security and travel services provider, the company announced Friday. Terms of the transaction were not disclosed. More than 40 airlines use veriScan’s traveler verification system, which is an integrated biometric facial recognition program that debu[...]
Chantilly cell tower B2B biz acquired by California company
Chantilly-based SmallCellSite.com has been acquired by California’s Digital Locations Inc., a developer of 5G cell tower sites. The completed acquisition was announced on March 2. Financial terms of the acquisition were not disclosed. The acquisition means that Digital Locations now has 80,000 prequalified wireless cell sites. SmallCellSite has nonexclusive agreements with site owners all ov[...]
CDW Corp. purchases Norfolk-based Amplified IT
Norfolk-based education consulting firm Amplified IT has been purchased by CDW Corp., an Illinois-based Fortune 500 technological services provider, CDW announced Tuesday. Founded in 2008, Amplified IT focuses on the K-12 and higher education markets and is Google’s leading K-12 services partner. CDW offers its services to education customers as well as business, government and […]
Vt. company buys Ashburn bioscience tech firm
Williston, Vermont-based bioscience software company MBF Bioscience announced last week it has acquired Ashburn-based Vidrio Technologies. Financial terms of the transaction were not disclosed. Vidrio Technologies provides microscope control software and hardware for laser scanning while MBF Bioscience provides microscope-based image analysis tools to researchers. “Vidrio has a pipeline fu[...]
The Hilb Group acquires Medicare-focused firm
Henrico County-based insurance company The Hilb Group LLC announced Tuesday it has acquired West Greenwich, Rhode Island-based Compass Planners (CP). Financial terms of the transaction were not disclosed. Led by Jim Soucy, CP is an insurance company that specializes in Medicare Advantage. Soucy and his three colleagues will join THG’s Cranston, Rhode Island office. Soucy […]
Baltimore company acquires Richmond architecture firm
Baltimore-based MCA Architecture announced Tuesday it has acquired KOP Architects of Richmond. Financial terms of the transaction were not disclosed. MCA already has offices in Pennsylvania, Maryland and Virginia. It will close its current Reston location and consolidate the two Virginia offices in Richmond. MCA will gain clients including Virginia Commonwealth University, VCU Health, the [&hellip[...]
U.K. software company acquires Blacksburg firm
Nottingham, England-based software company Ideagen plc announced Tuesday it has acquired Blacksburg-based Qualtrax. Financial terms of the transaction were not disclosed. This marks the 21st acquisition for Ideagen, which provides quality management software for aviation, financial services, life science, health care and manufacturing industries. Founded in 1993, Qualtrax provides software that he[...]
Richmond convenience store operator to acquire 61 locations in Mich., Ohio
Richmond-based convenience stores owner and operator GPM Investments LLC announced Monday it has signed an agreement to acquire 61 ExpressStop convenience stores with gas stations in Michigan and Ohio. Financial terms of the transaction were not disclosed. The acquisition will add to GPM’s existing 165 stores in Michigan and nine in Ohio. GPM Investments is […]
KeyBank parent company to buy McLean data firm
Cleveland, Ohio-based financial services company KeyCorp announced Tuesday it will acquire McLean-based AQN Strategies LLC, a data and analytics firm focused on financial services established by Ben Sabloff and Nigel Morris, co-founder of Capital One and fintech venture capital firm QED Investors. Financial terms of the transaction were not disclosed. Sabloff will serve as KeyCorp’s [&hellip[...]
Herndon tech company buys Vienna-based IT defense biz from AT&T
Herndon-based systems integrator Tyto Athene announced Wednesday it will acquire AT&T’s Vienna-based Department of Defense-focused IT professional services business, also known as Government Solutions Inc. Financial terms of the transaction were not disclosed. Making up a small slice of AT&T’s federal business, the division acquired by Tyto provides IT professional services to [...]
