Ellucian acquisition deal closes
The acquisition of Reston-based higher education software company Ellucian by investment firms Blackstone and Vista Equity Partners has been completed, the companies announced Wednesday. Financial terms of the deal were not disclosed. New York-based Blackstone and Texas-based Vista Equity acquired Ellucian from Texas-based TPG Capital and Los Angeles-based Leonard Green & Partners. “Toda[...]
Finnish software company establishes North American HQ in Reston
Helsinki-based e-permit software company Cloudpermit has chosen Reston for its North American headquarters, it said Wednesday. Last spring, during Gov. Ralph Northam’s trade visit to Germany, the company decided to locate the office in Fairfax County, with the precise location announced this week. The company currently has fewer than 10 employees working out of its […]
TransUnion to acquire majority of Neustar for $3.1B
Chicago-based consumer credit reporting agency TransUnion has signed a definitive agreement to acquire Reston-based identity management tech company Neustar Inc.’s marketing, fraud and communications businesses for $3.1 billion in cash. The transaction is expected to close in the fourth quarter. The Neustar acquisition is expected to generate approximately $575 million in revenue and $115 mi[...]
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[...]
Noblis subsidiary wins $72M Navy contract
Reston-based Noblis subsidiary Noblis MSD (mission solutions for defense) won a potential $72 million contract from the Naval Surface Warfare Center Philadelphia Division. Under the five-year indefinite delivery, indefinite quantity multi-award contract, Philadelphia-based Noblis MSD, previously McKean Defense Group LLC, will work on system modernization and sustainment for naval surface ships. Th[...]
Reston consulting firm acquires Stafford technical solutions company
Reston-based consulting firm Counter Threat Solutions LLC has acquired Stafford-based Quantitative Analytics LLC, completing its second acquisition, CTS announced Thursday. Financial details of the transaction were not disclosed. CTS is a consulting company that provides subject matter experts to the intelligence and defense communities. Both are service-disabled veteran-owned small businesses. Fo[...]
Reston-based Comscore expands Fox Corp. partnership
Reston-based media measurement and analytics company Comscore Inc. has made a multi-year agreement expanding and extending its relationship with Fox Corp., including using Comscore’s national TV measurement, it announced Friday. Financial details of the agreement were not disclosed. “It is a privilege to continue our longstanding relationship with Fox and have their vote of confidence [&he[...]
Leidos wins $600M contract to support Army Geospatial Center
Reston-based Fortune 500 government contractor Leidos Holdings Inc. won a U.S. Army contract worth an estimated $600 million if all options are exercised, the company announced Monday. Under the single-award contract, which has a one-year base with three one-year options, Leidos will support the Army Geospatial Center’s (AGC) Buckeye program, an airborne surveying system that […]
Clarabridge to be acquired by Utah firm in $1.13B deal
Reston-based software company Clarabridge Inc. is being acquired by Provo, Utah-based data analytics firm Qualtrics International Inc. in a nearly $1.13 billion all-stock deal, the companies announced Thursday. Clarabridge’s platform uses artificial intelligence to provide conversational analytics — it is able to analyze customer feedback from indirect sources like social media, emails, su[...]
Noblis rebrands subsidiary to encompass defense portfolio
Reston-based Noblis is rebranding its McKean Defense Group subsidiary as Noblis MSD (mission solutions for defense), the not-for-profit federal contractor announced Wednesday. Noblis closed its acquisition of Philadelphia-based McKean Defense Group and its affiliates on April 30, creating a wholly owned subsidiary. Cabrillo Technologies will remain part of the subsidiary now called Noblis MSD, whi[...]
Bechtel promotes exec to president of nuclear, security, environmental unit
Reston-based global engineering and construction company Bechtel Corp. has promoted John Howanitz to president of Bechtel Nuclear, Security & Environmental Inc. He will begin Sept. 1. Craig Albert, Bechtel president and chief operating officer, said in a statement, “John’s experience in delivery of energy, environmental, national security and mission-critical projects combined with his[...]
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[...]