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The Hilb Group acquires N.C.-based insurance agency
Henrico County-based insurance company The Hilb Group LLC announced Tuesday it has acquired Maiden, North Carolina-based insurance agency Dwayne Wilson Insurance & Financial Services Inc., effective Dec. 31. Financial details of the acquisition were not disclosed. Founded in 1985, DWI is a full-service life and health agency. It provides insurance products to employer groups and […]
Md. tech company acquires Fairfax analytics firm
Maryland-based tech company Smartronix LLC announced Monday it has acquired Fairfax-based analytics company Datastrong. Financial terms of the acquisition were not disclosed. Smartronix LLC provides cloud, C5ISR, advanced engineering and IT services, while Datastrong specializes in data architecture, design and business analytics for government and commercial clients. “Our acquisition of Datastr[...]
Colo.-based company acquires Herndon contractor for $112M
Colorado Springs, Colorado-based tech contractor Vectrus announced Dec. 28, 2020, that it would acquire Herndon-based Zenetex — a transaction valued at $112 million. Vectrus provides operations, logistics and IT services to the U.S. government, and Zenetex provides services to defense and national security clients. The acquisition will expand Vectrus’ client base and adds more than [&hel[...]
Booz Allen’s TEAMS business unit acquired by Chantilly company
Chantilly-based System High Corp. announced Monday it has acquired McLean-based Fortune 500 global management consulting company Booz Allen Hamilton Inc.’s technical, engineering, advisory and management support (TEAMS) business unit. Financial terms of the acquisition were not disclosed, but the Booz Allen business unit includes 110 employees and serves the Missile Defense Agency (MDA). “[...]
Fairfax tech company acquires Herndon intelligence services firm
Fairfax-based federal technology company Axiologic Solutions LLC announced Thursday it has acquired Herndon-based intelligence services firm Knowledge Link. It is Axiologic’s first acquisition. Financial terms of the transaction were not disclosed, but the acquisition will nearly double the size of Axiologic, according to a company statement. “Through the combination of Axiologic and Knowl[...]
CarLotz nominates four to board of directors
Chesterfield County-based CarLotz Inc., a consignment dealer of used cars, announced Thursday it has nominated four new members to its board of directors, effective following the closing of its merger with special purpose acquisition company Acamar Partners Acquisition Corp. CarLotz, which is valued at $827 million, will combine with Miami-based Acamar Partners Acquisition Corp. to […]
Md. cybersecurity company acquires Fairfax company’s product line
Columbia, Maryland-based cybersecurity company Owl Cyber Defense Solutions LLC announced Tuesday it has acquired Fairfax-based Trident’s Assured Collaboration Systems (ACS) product line. Financial terms of the acquisition were not disclosed. The ACS product line includes voice over IP, video teleconference, cross domain solution and full-motion video filtering capabilities. The acquisition a[...]
La.-based health care company buys two Va. practices
Shreveport, Louisiana-based Seaside Healthcare LLC announced Tuesday it has acquired two Virginia mental health care practices: Chesterfield-based Simple Intervention and Hopewell-based Second Chances Comprehensive Services LLC. Financial terms of the acquisitions were not disclosed. Both transactions were part of Seaside Healthcare’s plan to expand in Virginia. Brandon and Kenra Hudson, co-[...]
Reston firm sells off federal projects division
Reston-based civil engineering and surveying firm Wiles Mensch Corp. announced Tuesday that it has sold off its federal projects division, which now operates as an independent company, Sorba Engineering. Sorba Engineering, a Reston-based woman-owned small business, employs 12 engineers and technical specialists and has 40 active projects in the Washington, D.C. area. Meredith McComas will [&hellip[...]
Norfolk company buys Michigan-based retail data firm
Trader Interactive, a Norfolk-based vehicle and commercial equipment dealer services company, announced Tuesday it has acquired Grand Rapids, Michigan-based retail data firm Statistical Surveys Inc. (SSI). Financial terms of the acquisition were not disclosed. Trader Interactive specializes in digital marketing for vehicle and commercial equipment companies, while SSI provides retail market share [...]
Falls Church firm buys Silicon Valley company
Falls Church-based association advisory firm Advancea LLC announced Tuesday it has acquired Arroyo Grande, California-based Group Purchasing Solutions (GPS). Financial terms of the acquisition were not disclosed. Founded in 2008, GPS specializes in affinity programs serving mid-sized businesses. Affinity programs are partnerships between nonprofits and businesses in which a business may offer excl[...]
HII acquires unmanned systems business
Newport News-based Huntington Ingalls Industries (HII) announced Monday it has acquired Virginia Beach-based Spatial Integrated Systems Inc.’s (SIS) autonomy business. Financial terms of the transaction were not disclosed, but the acquisition expands HII’s unmanned systems capabilities, according to a company statement. Approximately 50 SIS employees will join unmanned systems business[...]
