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Prince William data center sells for $222.5M
Columbia, Maryland-based Corporate Office Properties Trust (COPT) sold DC-6, a data center in Prince William County, for $222.5 million to Cloud Capital, an affiliate company of Washington, D.C.-based CloudHQ, COPT announced Jan. 25. The data center, which was built in 2009, is located at 9651 Hornbaker Road and has 100,000 square feet in raised floor […]
Parsons Corp. elects new chairwoman
The board of directors of Centreville-based defense contractor Parsons Corp. has elected President and CEO Carey A. Smith as its chairwoman, effective April 14, the company announced Monday. Smith will replace Charles “Chuck” Harrington, the current executive chairman, who will retire when his board term expires in A[...]
CTSI acquires N.C. tech firm
Chantilly-based technology firm Corbett Technology Solutions Inc. (CTSI) has acquired Knightdale, North Carolina-based Systems Electronics Inc., the company announced Jan. 20. Financial terms of the transaction were not disclosed. CTSI is a portfolio company of Chicago-based private equity firm Wind Point Partners and this makes CTSI’s eighth transaction since it was acquired by Wind Point […][...]
Reston IT company promotes CEO
Tony Crescenzo, president of Reston-based information technology contractor Intelligent Waves LLC (IW), has been promoted to CEO, the company announced Wednesday. “Tony’s high-energy leadership style and ability to recruit top management talent has enabled us to maximize the value and impact of our company,” IW founder[...]
Richmond’s Risk Based Security acquired by Flashpoint
Richmond-based Risk Based Security has been acquired by Flashpoint, a New York-based cybersecurity developer specializing in threat intelligence and risk prevention. RBS, founded in 2011, specializes in vulnerability intelligence, breach data and vendor risk ratings. Financial details of the transaction were not disclosed. “I am incredibly excited to welcome the RBS team to Flashpoint,” Flashpoint […][...]
IT firm set to bring 125 jobs to Richmond
A Fairfax County-based software consulting and managed services company, Intact Technology, is creating a second presence in the state with a location in Richmond, an expansion expected to create 125 jobs, Gov. Ralph Northam announced Wednesday. According to Intact Technology CEO Jesse White, the company is exploring options in Richmond’s Shockoe Bottom neighborhood. “Our application […][...]
Calif. aerospace company proposes Accomack County facility
Accomack County is a finalist for a proposed Rocket Lab USA Inc. facility, Gov. Ralph Northam announced Tuesday. If the county is selected, Long Beach, California-based aerospace company Rocket Lab would develop a facility to support part production, assembly, integration and test operations to support the launch of its Neutron launch vehicle from the NASA […]
Octo acquires Herndon-based B3 Group
Reston-based Octo Consulting Group, backed by Arlington Capital Partners, has acquired Herndon-based health IT company B3 Group Inc. Financial terms of the transaction were not disclosed. B3 modernizes applications using low- or no-code software and platforms such as Microsoft Power Platform. The company also provides data governance, integration and analytics as well as cloud engineering […][...]
Peraton wins $343M TSA contract
Federal contractor Peraton Inc. won an up to $342.76 million task order with the U.S. Transportation Security Administration on Dec. 13, 2021. Peraton subsidiary Perspecta Enterprise Solutions LLC, acquired in May 2021, won the IT Management, Performance Analysis and Collaborative Technologies (IMPACT) II contract. Reston-based [...]
3Pillar Global names CFO
3Pillar Global Inc. has hired Jeff Sperber as its chief financial officer, the Fairfax-based product lifecycle management company announced Tuesday. “Jeff Sperber brings us exceptional skills honed by years of leadership managing high-growth businesses,” 3Pillar CEO David DeWolf said in a statement. “But Jeff is more than [...]
ICF acquires McLean tech contractor
Fairfax-based management consulting firm ICF International Inc. announced Monday that it had completed its acquisition of McLean-based IT federal contractor Creative Systems and Consulting. Financial terms of the transaction were not disclosed. The company announced in December 2021 that it had entered into a definitive agreemen[...]
Va. Biotechnology Association elects new directors
The Virginia Biotechnology Association (Virginia Bio), a Richmond-based trade association representing 230 member organizations in the life sciences industry, has elected six new directors, expanding its board from 24 to 30 directors. Joining the board are: Gerry Brunk, managing director of Lumina Ventures, based in Boston, but involved in many life sciences organizations in Virginia […]
