AeroVironment to Acquire BlueHalo for $4.1B to Advance Defense Capabilities
AeroVironment will acquire BlueHalo for $4.1 billion in an all-stock transaction to broaden the company’s defense capabilities portfolio. AV announced Tuesday that a definitive agreement had already been executed and that the transaction is expected to close in the first half of calendar year 2025. AV and BlueHalo will collaborate to form a diversified defense technology […]
Renovus Sets Up Newly Acquired Miracle Systems Under Latest Government Services Platform
Renovus Capital Partners said it has acquired Arlington, Virginia-based prime contractor Miracle Systems through Aretum, its latest platform for the government service space. Miracle Systems will combine with Panum under the Aretum brand to offer defense, homeland security and other federal civilian agency clients with management consulting and technology support services. According to Renovus Capital […]
Parsons To Acquire IPKeys Power Partners; Carey Smith Quoted
Parsons plans to acquire enterprise software platform solutions provider IPKeys Power Partners of Tinton Falls, New Jersey, for $43 million. Parsons President and CEO Carey Smith said they expect the transaction to refine the Centreville, Virginia-based company's portfolio of cloud-based cybersecurity and software products that protect critical infrastructure. It will also help expand Parson's customer […]
Guidehouse Strengthens Financial Services, IT Offerings With Grant Thornton Acquisition; Scott McIntyre Quoted
Consulting firm Guidehouse has concluded its transaction to acquire the public sector advisory business of Grant Thornton LLP. With the acquisition, Guidehouse adds new expertise and capabilities in financial services, human-capital management and information technology, among other focus areas, the McLean, Virginia-based company said Monday. Six-time Wash100 Award winner Scott McIntyre, CEO of Guidehouse, asserted that the business combination […]
ManTech Made Private Through Finalized Purchase by Carlyle; Chairman Kevin Phillips Quoted
National security technology developer ManTech International has finalized its $4.2 billion all-cash acquisition by investment firm Carlyle, which was first announced in May. Now that the transaction is complete, ManTech will be a private entity—after being publicly listed for the last 20 years—thus, ending its tenure trading in the NASDAQ Global Select Market, the Herndon, Virginia-headquartered company […]
QinetiQ US to Add Cyber, Software Capabilities With Avantus Federal Acquisition; Shawn Purvis Quoted
The U.S.-based subsidiary of defense contractor QinetiQ Group plc has agreed to purchase cyber- and data analytics-focused company Avantus Federal for a reported sum of $590 million. Together, QinetiQ US and Avantus Federal intend to bolster each organization’s ability to serve government clients and meet the needs of the Department of Defense and the Intelligence Community, QinetiQ […]
Trio of Investors to Acquire LMI’s For-Profit Subsidiary; Doug Wagoner Quoted
Management consulting and technology company LMI has signed an agreement to sell its subsidiary to a group of investment parties, creating two distinct organizations: a nonprofit independent entity and a for-profit organization still operating within the LMI brand. Buyers Declaration Partners, Capitol Meridian Partners and 22C Capital reportedly hold experience working for government as well as carry […]
Guidehouse Enters Digital Transformation-Focused JV, MPA with TechSur Solutions; CEO Scott McIntyre Quoted
Consulting firm Guidehouse has initiated a strategic joint venture and mentor-protégé agreement with technology company TechSur Solutions. Named 1DTS, the JV will concentrate on public sector-serving digital transformation, cloud-based applications and analytics, Guidehouse said Thursday. "TechSur offers proven core competencies in mechanizing and automating the process of IT modernization while Guidehouse brings commensurate expertise in digital transformation […]
Parsons Agrees to Buy Xator for $400M; Carey Smith Quoted
Public sector-serving technology and engineering firm Parsons Corporation has signed a $400 million deal to acquire infrastructure protection and C4ISR services organization Xator Corporation. The business combination is aimed to grow Parsons’ reach to the U.S. special operations command and Intelligence Community sectors, as well as to federal civilian clientele and the global critical infrastructure market, the Centreville, […]
ManTech to Be Acquired for $4.2B by Carlyle; Chairman Kevin Phillips Quoted
ManTech, the leading provider of innovative technologies and solutions for mission-critical national security programs, announced on Monday that the company has entered into a definitive agreement to be acquired by Carlyle in an all-cash transition worth approximately $4.2 billion. “Following a comprehensive review of strategic alternatives, our Board determined that this transaction is in the best […]
Carlyle to Acquire ManTech for $4.2B; Kevin Phillips Quoted
ManTech has initiated an all-cash deal to be purchased by investment firm Carlyle for approximately $4.2 billion in total enterprise value. The national security technology services provider said Monday that the acquisition, in which shareholders will receive $96.00 per share in cash, is estimated to close in the second half of the calendar year 2022. […]
EverWatch to be Acquired by Booz Allen; John Hillen Quoted
Booz Allen Hamilton has entered into a definitive agreement to acquire EverWatch, a leading provider of advanced solutions for defense and intelligence customers, the company announced on Wednesday. The terms of the acquisition haven’t been disclosed. EverWatch will operate as a wholly owned subsidiary of Booz Allen once the acquisition officially closes during the latter’s first quarter of […]
Amentum Closes PAE Buy; John Vollmer Quoted
Technical and engineering services company Amentum has finalized its acquisition of PAE Incorporated, a Falls Church, Virginia-based global defense contractor. The company announced Tuesday that it will complete the absorption of PAE and its outstanding shares of common stock for an estimated all-cash sale of $1.9 billion. “We look forward to bringing the best people and the most […]
Andy Green, EVP and President of HII Technical Solutions, Named to 2022 Wash100 for Leading Company Growth Through Major Acquisitions
Executive Mosaic is honored to announce Andy Green, executive vice president and president of Technical Solutions division at Huntington Ingalls Industries as a recipient of the 2022 Wash100 Award for his leadership and drive for innovation and the latest capabilities for HII’s customers as well as significant organic growth for the company through acquisitions and […]
Carlyle to Buy CNSI from Alvarez & Marsal Capital Partners; Frank Finelli Quoted
The Carlyle Group, a global investment firm, has entered into an agreement to acquire healthcare technology company CNSI from Alvarez & Marsal Capital Partners in a transaction expected to close in December 2021. As part of the acquisition, Wash100 Award recipient Todd Stottlemyer, CEO of CNSI, will continue to lead the company, Carlyle said Thursday. "We are quite excited to […]