Category: M&A Activity

Ramzi Musallam: Veritas Capital to Buy Finalsite from Bridge Growth Partners

A Veritas Capital affiliate has entered into a definitive agreement to acquire Finalsite, a digital communications software company for schools and universities, from Bridge Growth Partners. Currently, the Glastonbury, Connecticut-based software-as-a-service company serves more than 8,000 customers in the education communications market with its comprehensive “digital campus,” which features capabilities including virtual tours, live-streamed events, parent communications, online […]

GigCapital4 Sets Stockholders Meeting Ahead of Merger With BigBear.ai; GovCon Expert Reggie Brothers Quoted

GigCapital4 has filed its definitive proxy statement and set a date of Dec. 3, 2021 for its stockholder meeting in regards to the company's pending business combination with BigBear.ai.  Upon stockholder approval, BigBear.ai, a leading artificial intelligence and cloud-based analytics provider based in Columbia, Maryland, will become a publicly-traded company, and its shares of common stock […]

CACI Enters Agreement to Acquire SA Photonics; CEO John Mengucci Quoted

CACI International announced on Wednesday that the company has entered into an agreement to acquire SA Photonics, Inc. for a total purchase consideration of $275 million to advance the next-generation communications from space to airborne and ground platforms at scale.  Through the acquisition, CACI will expand its capabilities as the leading U.S.-based free-space optical (FSO) laser […]

Amentum to Acquire PAE in $1.9B Cash Deal; John Vollmer, Charles Peiffer Quoted

An affiliate of Amentum has entered into a definitive agreement to acquire PAE in an all-cash transaction valued at approximately $1.9 billion. The transaction, which was approved by PAE’s board of directors and is expected to close by the end of the first quarter of 2022, will create a federal services enterprise with over $9 billion in combined […]

Guidehouse to Acquire Dovel Technologies; Ramzi Musallam, Scott McIntyre Quoted

Guidehouse announced on Wednesday that the portfolio company of Veritas Capital has entered into a definitive agreement to acquire Dovel Technologies for an undisclosed amount.  The transaction is expected to close sometime in the fourth quarter of the 2021 fiscal year, and the combined enterprise is expected to generate more than two billion dollars in […]

Accenture Federal Services Completes Acquisition of Novetta; Tiffanny Gates, John Goodman Quoted

Accenture Federal Services (AFS) has completed its recent acquisition of Novetta, a McLean, Virginia-based advanced analytics company. “Our combined company brings the scale and power of Accenture Federal Services’ digital capabilities together with Novetta’s ability to solve the government’s toughest mission challenges with precision,” said Accenture Federal Services CEO and four-time Wash100 Award recipient John […]

Guidehouse, RELI Group Launch FedInnov8 Consulting LLC; CEO Scott McIntyre Quoted

Guidehouse and RELI Group, Inc. announced on Tuesday that the two companies have formed a new joint venture called FedInnov8 Consulting LLC to assist government clients with the procurement of top-tier talent and encourage disadvantaged business growth and efficiency. "We are excited about the impact we can have in helping government agencies respond to their […]

Peraton CEO Stu Shea Presented Fifth Wash100 Award By Executive Mosaic CEO Jim Garrettson

Executive Mosaic CEO Jim Garrettson presented the fifth overall Wash100 Award, the most prestigious and sought-after award in all of government contracting (GovCon), to Stu Shea, chairman, president and CEO of Peraton, during a recent visit to the company's office.  For his 2021 Wash100 Award, Shea was recognized for his leadership in Peraton’s expansion efforts through […]

BigBear.ai to Become Publicly-Traded Company Through Merger With GigCapital4, Inc.; GovCon Expert Reggie Brothers Quoted

BigBear.ai, a leading provider of artificial intelligence, machine learning, cloud-based big data analytics, and cyber engineering solutions, and GigCapital4, Inc. announced on Friday that the two companies have entered into a definitive merger agreement that will result in BigBear.ai becoming a publicly-traded company. “This is an absolutely mission-critical service for our defense and intelligence customers, […]

SAIC to Acquire Halfaker and Associates; CEO Nazzic Keene, Baird’s Jean Stack Quoted

Science Applications International Corp. (SAIC) has entered into a definitive agreement to acquire Halfaker and Associates, LLC, a leading federal health technology solutions provider, for approximately $250 million to grow the company’s digital transformation portfolio, SAIC announced on Thursday.  “This acquisition reinforces SAIC’s commitment to supporting the government healthcare mission, including our strong support for […]

Accenture Federal Services to Acquire Novetta; John Goodman, Tiffanny Gates Quoted

Accenture Federal Services (AFS) announced on Tuesday that the company has entered into an agreement to acquire Novetta to expand its capabilities and push the limits in advanced artificial intelligence, cybersecurity, cloud capabilities and other emerging technologies vital to the federal landscape in order to help government agencies find solutions and complete their mission goals.  […]

Leidos Completes $380M Acquisition of Gibbs and Cox; Roger Krone Quoted

Leidos Holdings announced on Friday that it has completed its acquisition of Gibbs & Cox  for approximately $380 million in cash. Gibbs & Cox will be combined with Leidos' maritime systems division and act as a Leidos subsidiary. The transaction was first announced on Feb. 23, 2021.  "We are delighted to welcome the Gibbs & […]

SAIC to Acquire Koverse to Advance AI, Analytics Capabilities; Nazzic Keene Quoted

Science Applications International Corp. (SAIC) has entered into an agreement with Koverse to acquire the company in a move to expand SAIC’s software portfolio into full-stack AI with the ability to tackle the challenge of organizing structured and unstructured data from multiple sources. The terms of the acquisition have yet to be disclosed.  “I am […]