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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 [...]
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. Th[...]
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 state[...]
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 resourc[...]
DISYS names CFO and treasurer
McLean-based staffing firm Digital Intelligence Systems LLC named Philip Monti as its chief financial officer and treasurer of the combined enterprise of DISYS and Signature Consultants, DISYS announced Wednesday. He will oversee financial operations and management of the enterprise, building on his former position at Signature Consultants, a Florida-based IT staffing firm that DISYS acquired [&he[...]
Avantus Federal acquires Reston-based software company
Avantus Federal, a McLean-based IT defense contractor and NewSpring Holdings company, has acquired Reston-based software company Occam’s Razor Technologies LLC, it announced Thursday. Financial details of the transaction were not disclosed. Avantus CEO Andy Maner said in a statement, “For more than 10 years, Occam’s Razor Technologies has built a company committed to developing innov[...]
Intrepid Solutions acquires defense contractor Darkblade Systems
Herndon-based intelligence contractor Intrepid Solutions and Services LLC has acquired Darkblade Systems Corp., a Winchester-based federal defense contractor, it announced Wednesday. Financial details of the transaction were not disclosed. Intrepid CEO Ryan Hebert said in a statement: “Welcoming Darkblade Systems into the Intrepid family is a transformative moment for us, and one that will great[...]
Huntington Ingalls Industries to acquire Alion in $1.65B deal
Newport News-based Fortune 500 military shipbuilder Huntington Ingalls Industries will acquire McLean-based defense contractor Alion Science and Technology Corp. from Veritas Capital in a $1.65 billion, all-cash deal, HII announced in a news release Tuesday. The deal is expected to close by the end of this year, with Alion becoming part of HII’s Technical Solutions […]
