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Md.-based contractor closes on DynCorp International acquisition
Germantown, Maryland-based government contractor Amentum announced Monday it has acquired McLean-based DynCorp International. Financial terms of the deal, originally announced on Sept. 24, were not disclosed. The acquisition will create a company with more than 34,000 employees and allow the company to expand to new markets, according to Amentum’s statement. “The addition of DynCorp Inte[...]
PAE completes $208M acquisition, receives $98M Air Force contract
Falls Church-based defense and government services contractor Pacific Architects and Engineers (PAE) announced Friday it has completed its $208 million cash acquisition of Burlington, Massachusetts-based Centra Technology Inc. The acquisition was first announced in late October. “The acquisition of Centra expands PAE’s addressable market into new, attractive mission-critical business areas[...]
Mars Inc. acquires healthy snack company
McLean-based global food product manufacturer Mars Inc. announced Tuesday it has acquired healthy snack manufacturer Kind North America. Transaction details were not disclosed. Mars is the largest private company in Virginia. With annual sales of more than $35 billion, the candy and food manufacturer produces brands such as Snickers, M&Ms and Pedigree pet foods. Founded […]
PAE to buy Arlington intelligence analysis company for $92M
Falls Church-based defense and government services contractor Pacific Architects and Engineers (PAE) announced Monday that one of its subsidiaries will acquire Arlington-based Metis Solutions Corp. for approximately $92 million in cash. Metis Solutions, which employs 450 people, provides services including intelligence analysis, operational and tactical training and program management. PAE provide[...]
Gannett sells business media, marketing subsidiary
McLean-based Gannett Co. Inc., the nation’s largest newspaper publisher, sold its business media and B2B marketing subsidiary, BridgeTower Media, to Los Angeles-based middle-market private equity firm Transom Capital Group, the company announced last week. Financial terms of the sale were not disclosed. Through more than 40 digital and print brands, BridgeTower Media provides media and [&hel[...]
Herndon defense contractor acquires cyberservices provider
Herndon-based ManTech International Corp. has completed its acquisition of Minerva Engineering, a provider of advanced cybersolutions. Headquartered in Hanover, Maryland, Minerva Engineering offers a range of advanced cyberservices that support the intelligence community (IC), including risk and vulnerability assessment, incident response and cyberintrusion detection, and wireless signal discovery[...]
Raytheon Intelligence & Space to acquire Colo.-based satellite provider
Arlington-based aerospace and defense contractor Raytheon Intelligence & Space announced Tuesday it has signed a definitive agreement to acquire Lafayette, Colorado-based Blue Canyon Technologies, a provider of small satellites and spacecraft systems components. Financial terms of the deal were not disclosed. Founded in 2008, Blue Canyon Technologies currently has more than 90 satellites in pr[...]
N.Y.-based contractor buys Ashburn tech company
Albany, New York-based tech government contractor GCOM announced Monday it has acquired Ashburn-based managed services provider 20/20 Teknology. Financial terms of the deal were not disclosed. 20/20 Teknology specializes in virtual communications, IT infrastructure and managed services, while GCOM provides digital engagement systems and government IT programs. The acquisition will expand GCOM&[...]
Fl.-based private equity firm acquires Alexandria software company
Boca Raton, Florida-based private equity firm AE Industrial Partners LP announced late last week it had acquired Alexandria-based software company Linkware LLC and security and travel consulting firm Pangiam. Financial terms of the acquisitions were not disclosed. AEI will combine Linkware with Pangiam to form a travel solutions technology platform. The combined entity will operate […]
Gannett division acquired by Silicon Valley CRM developer
Silicon Valley-based customer relationship management developer SugarCRM announced late last week it had acquired New Jersey-based W-Systems, a division of McLean-based Gannett Co. Inc.’s UpCurve, which it acquired in 2019. Financial terms of the deal were not disclosed. Under the acquisition, SugarCRM will expand its implementation services for its artificial intelligence-powered sales, m[...]
Spotify acquires Graham Holdings Co. business, Megaphone, for $235M
Music streaming giant Spotify Technology SA will acquire Arlington-based media and education conglomerate Graham Holdings Co.’s podcast technology company Megaphone for $235 million, the company announced Tuesday. Megaphone provides hosting and ad-insertion capabilities for publishers and targeted ad sales for brand partners, according to Graham Holdings Co., the family company of the late K[...]
Hampton Roads operator of Downtown and Midtown tunnels sold in $2B+ deal
Elizabeth River Crossings HoldCo LLC, the operator of the Downtown and Midtown tunnels that run between Norfolk and Portsmouth, has been sold to Abertis Infraestructuras S.A. and Manulife Investment Management Ltd., on behalf of John Hancock Life Insurance Co., for more than $2 billion. Elizabeth River Crossings operates four tunnels and a highway in the […]
