Sign In
Free Newsletter
ManTech names new CFO
Herndon-based government contractor ManTech International Corp. has named Michael D. Ruppert as its new vice president and chief financial officer, following the retirement of Judy Bjornaas. The appointment was effective Tuesday. Bjornaas spent a dozen years at ManTech, which was acquired by The Carlyle Group Inc. last year, and contributed to its growth toward becoming […]
Hilb Group acquires Ga. insurance agency
Henrico County-based insurance company The Hilb Group LLC announced Tuesday it had acquired Georgia-based Gillman Insurance Problem Solvers. Financial terms of the acquisition, which became effective Dec. 1, were not disclosed. “Joining The Hilb Group allows us to build further upon our long-standing, dedicated focus on our customers,” Ed Gillman, Gillman Insurance’s founder and [...]
CNSI to merge with Tenn. health services company
McLean-based health information technology provider CNSI and Nashville, Tennessee-based health care management tech company Kepro have agreed to merge, the two firms announced Wednesday. The combined company will provide government-sponsored health care agencies and payers with clinical services, provider management, health claims, processing and health analytics services. The merger is expected t[...]
ManTech stockholders approve $4.2B sale to Carlyle Group
ManTech International Corp. stockholders have approved the Herndon-based tech contractor’s sale to The Carlyle Group for approximately $4.2 billion. Stockholders green-lighted the sale during a Sept. 7 special meeting, subject to customary closing conditions. The transaction is expected to close this week. “We thank our stockholders for their strong support of this transaction,” said Man[...]
U.Va. School of Nursing receives $14M donation
The Carlyle Group co-founder, interim CEO and non-executive co-chairman William E. “Bill” Conway Jr. and his wife, Joanne, have committed $14 million to the University of Virginia‘s School of Nursing, the university announced Friday. Adding to previous donations, the Conways’ gifts now total $49 million. “Our goal of supporting the School of Nursing is twofold,” [&helli[...]
Carlyle Group to acquire ManTech for $4.2B
Herndon-based ManTech International Corp. has entered into a definitive agreement to be acquired by The Carlyle Group for approximately $4.2 billion, the tech contractor announced Monday. In the all-cash transaction, ManTech shareholders will receive $96 per share in cash, a 32% premium to ManTech’s closing share price of $72.82 on Feb. 2, which was the […]
The Carlyle Group to acquire CNSI
Washington, D.C.-based private equity firm The Carlyle Group announced Thursday that affiliated funds under its management have agreed to acquire McLean-based health information technology provider CNSI. Financial terms of the transaction, which is expected to close in December, were not disclosed. Greenwich, Connecticut-based firm Alvarez & Marsal Capital Partners currently owns CNSI. “We b[...]
Accenture Federal Services completes Novetta acquisition
Arlington-based Accenture Federal Services, a subsidiary of Fortune Global 500 professional services company Accenture, has completed its acquisition of Novetta, a McLean-based advanced analytics company, the two companies announced Thursday. The financial terms of the deal, first announced in June, were not disclosed. The acquisition will add a national security portfolio to AFS’ business, [...]
