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Booz Allen acquires Fredericksburg-based Tracepoint
Fortune 500 global management consultant Booz Allen Hamilton Inc. has acquired Tracepoint, a Fredericksburg-based digital forensics and incident response (DFIR) company, Booz Allen announced Monday. Financial terms of the agreement were not disclosed. Baton-Rouge based Plexos Group LLC, Tracepoint CEO Chris Salsberry, Brett Anderson and Rob Driscoll co-founded Tracepoint in December 2019. Tracepoi[...]
Guidehouse to acquire McLean tech company
Tysons-based consulting company Guidehouse announced Wednesday it has entered into a definitive agreement to acquire McLean-based company Dovel Technologies Inc. The sale is expected to close in the fourth quarter of this year. “The acquisition of Dovel is a strategic step in our journey to create the next generation global consultancy, bringing together best-in-class portfolios, […]
Five Va. companies win spots on $556M Navy contract
Five Virginia companies have won spots on an estimated $556 million U.S. Navy multiple-award contract to compete for task orders to provide technical services to the Office of the Chief Naval Operations Information Technology Department Command Information Office. Three Fortune 500 contractors — McLean-based Booz Allen Hamilton Inc., Reston-based CACI International Inc. and Reston-based Scienc[...]
GTT Communications to file for Chapter 11 bankruptcy
McLean-based telecommunications company GTT Communications Inc. is planning to file a prepackaged chapter 11 case after it closes the previously announced sale of its infrastructure division to Miami-based I Squared Capital, it announced Thursday. After the completion of the $2.15 billion sale, GTT and some subsidiaries will file their cases in the U.S. Bankruptcy Court […]
FTC fines Capital One CEO for failing to file stock transaction
The Federal Trade Commission fined McLean-based Capital One Financial Corp. CEO Richard Fairbank a $637,950 civil penalty for violating antitrust laws in finalizing stock acquisitions, the FTC announced Thursday. The settlement must be approved by the U.S. District Court for the District of Columbia. The FTC alleged that Fairbank violated the Hart-Scott-Rodino (HSR) Antitrust Improvements [&hellip[...]
Arlington Capital Partners acquires McLean program management company
Maryland-based private equity firm Arlington Capital Partners has signed a definitive agreement to acquire McLean-based program management company MCR LLC, it announced Tuesday. Financial details of the transaction were not disclosed. MCR’s senior management team has invested alongside Arlington Capital, according to a news release. “MCR has established itself as a preeminent provider of d[...]
Gannett names first chief data officer
McLean-based Gannett Co. Inc. named Nate Rackiewicz its first chief data officer, it announced Monday. Rackiewicz will lead a team to implement the company’s customer identity, data and growth analytics, as well as data science and modeling capabilities. He will report to Gannett’s chief marketing and strategy officer, Mayur Gupta. “We are excited to welcome […]
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, [...]
Huntington Ingalls Industries completes $1.65B Alion deal
Newport News-based Fortune 500 military shipbuilder Huntington Ingalls Industries has completed its $1.65 billion, all-cash acquisition of McLean-based defense contractor Alion Science and Technology Corp. from Veritas Capital, HII announced Thursday. The acquisition was first announced in July. Alion, with more than 3,200 employees, will become part of HII’s Technical Solutions division. That d[...]
McLean-based Appian acquires Germany’s Lana Labs
McLean-based cloud computing company Appian Corp. has acquired Germany’s Lana Labs, developer of the artificial intelligence-driven LANA process mining platform, the company announced on Aug. 5. Financial terms of the deal were not disclosed. With the addition of Lana’s native process mining capabilities, Appian will be able to expand its low-code automation suite, which allows [&helli[...]
McLean-based IntelliBridge LLC acquires Arlington’s U. Group
McLean-based tech contractor IntelliBridge LLC has acquired Arlington-based technology solutions firm U.Group, the company announced Tuesday. Financial details of the transaction were not disclosed. “U.Group’s team of creative and innovative technology experts solidifies our position in the digital solutions marketplace,” IntelliBridge President and CEO Cass Panciocco said in a statement[...]
KLDiscovery appoints first COO from within
KLDiscovery Inc. has appointed Danny Zambito to the firm’s newly created chief operating officer position, the McLean-based software company announced Monday. Zambito, who has been with KLDiscovery since 2008, most recently served as the company’s executive vice president of global legal technologies and client services. He will now oversee operations, client services and human resources, [...]
