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ASGN subsidiary buys Fla.-based tech firm
Henrico County-based Fortune 1000 professional services company ASGN Inc. announced Tuesday it has acquired Tampa, Florida-based information technology firm Integrated Solutions Management Inc. Financial terms of the transaction were not disclosed. Founded in 1991, ISM specializes in internet of things (IoT) technology, IT service and operations management. It will become part of ECS, a Fairfax-ba[...]
Intelsat closes $400M cash deal for commercial aviation business
McLean-based communications satellite services provider Intelsat Corp. announced Tuesday it has completed the acquisition of in-flight broadband connectivity provider Gogo Inc.’s commercial aviation business for $400 million in cash. The acquisition was first announced in early September. Intelsat plans to pair its satellite and ground network to Gogo’s customer base of more than 3,000[...]
Long-delayed Genworth acquisition postponed again
Henrico-based Genworth Financial Inc. and China-based Oceanwide Holdings Group Co. Ltd. announced on Monday that Oceanside’s long-delayed $2.7 billion acquisition of Genworth has been reapproved by China’s National Development and Reform Commission, and the acquisition has been postponed until the end of December. With the Chinese government’s reapproval, Oceanwide will now move [...]
Parsons Corp. completes acqusition of Colo.-based aerospace firm for $300M
Centreville-based defense contractor Parsons Corp. announced late last week that it has completed its acquisition of Colorado Springs, Colorado-based Braxton Science & Technology Group LLC (BSTG) and its subsidiaries for $300 million. The acquisition was first announced in late October — marking Parsons’ fourth acquisition since October 2018. BSTG provides services for satellite ope[...]
Dallas professional services company acquires Reston firm
Dallas, Texas-based professional services company Jacobs announced Tuesday it has acquired Reston-based cyber solutions company The Buffalo Group LLC. Financial terms of the acquisition were not disclosed. The Buffalo Group provides analysis and technology services to the United States intelligence community across domains including cyber, ground, sea, air and space. Jacobs employs 55,000 people a[...]
PAE closes on $92M acquisition of Metis Solutions
Defense and government services contractor Pacific Architects and Engineers (PAE) has closed its $92 million cash acquisition of Metis Solutions as part of its efforts to expand its offerings and capabilities in intelligence analysis, training and program support areas. Both companies are headquartered in Arlington. John Heller, president and CEO of PAE, says the transaction […]
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[...]
