New Mountain Capital acquires majority of Camber
New Mountain Capital has acquired a majority stake in Camber Corp., a provider of IT, engineering and training services to federal government agencies. Camber, founded in 1990, is a pure play provider of professional and management services, information technology, engineering, and advanced training solutions to federal government agencies, primarily within the U.S. Department of Defense. Camber and its employees have been widely recognized for their exceptional subject matter expertise across a range of government programs. New Mountain identified Camber through its long-standing, proactive focus on the federal services sector. New Mountain is providing Camber with significant financial and strategic resources, and Cambers management will make a substantial personal equity investment in the business alongside New Mountain.
Announcement Date: December 2, 2008
Deal Value: Undisclosed
ManTech buys EWA Services
ManTech International, which develops technology for national security programs, has acquired EWA Services from Electronic Warfare Associates. EWA sells IT and threat analysis services to Department of Defense agencies. The company has long partnered with ManTech. ManTech says the 170 employee EWA will generate $20 million next year.
Announcement Date: December 2, 2008
Deal Value: Undisclosed
Kforce acquires dNovus RDI
Kforce Inc., a professional staffing and solutions firm, is acquiring dNovus RDI, a privately-held company based in San Antonio, Texas, with employees operating in 17 states nationwide. Backed by over 2,000 staffing specialists, Kforce operates with 57 offices in 41 markets in North America and two in the Philippines. dNovus is a highly successful prime contractor of applied information technology to the U.S. federal government and the State of Texas since 1989. dNovus' core competencies include large network design, implementation, operations, and maintenance, cyber security, software and database design and development, healthcare informatics, data center operations, EDI operations for health and financial services, systems development and integration, infrastructure operations, service to franchise fund organizations, and research and development.
Announcement Date: December 2, 2008
Deal Value: $38 Million
Kratos Defense & Security and Digital Fusion merge
Kratos Defense & Security Solutions, a government-oriented integrator and contractor, announced a merger agreement with Digital Fusion, a government IT services company. Digital Fusion will merge with a wholly owned subsidiary of Kratos and all of DF's outstanding shares will be converted into Kratos shares. The addition of DF's highly educated, uniquely qualified, and cleared employee base significantly enhances Kratos' qualifications to bid on an increasingly broad and diverse range of opportunities. Once the merger is completed and the transaction is closed, Kratos will have approximately 2,250 employees. Approximately 80 percent of Kratos' government employees hold national security clearance.
Announcement Date: November 25, 2008
Deal Value: $35 million
Elbit Systems acquires Herley unit
Defense contractor Herley Industries Inc. has sold its data communication unit Innovative Concepts to Elbit Systems Ltd. Innovative Concepts makes wireless communication software used primarily by the military. Herley said in a statement the division was not an ideal fit for the company, which primarily sells hardware. Herley does have requirements for software development, but believes that those requirements can be met through other businesses. Innovative Concepts will be integrated into Israel-based Elbit Systems' U.S. subsidiary, which provides products for the defense, homeland security and aviation markets.
Announcement Date: November 11, 2008
Deal Value: $15 Million
West Corporation buys IPC's Positron Public Safety Systems
West Corporation and IPC Systems, Inc., jointly announced that they have entered into an agreement whereby West will acquire IPC's Command Systems segment (d/b/a Positron Public Safety Systems) and combine it with West's Intrado operations. PPSS is a leader in fully-integrated, premise-based public safety solutions that enable Enhanced 9-1-1 call handling, computer-aided dispatching, mapping, automated vehicle location and radio communications capabilities to allow public safety agencies to better coordinate responses to emergency events. Based in Montreal, Quebec, PPSS has been providing public safety solutions for more than 20 years, with deployments in over 3,000 public safety answering points ("PSAPs") worldwide. PPSS has sold more than 2,000 positions of its Voice-Over-IP Emergency Response ("VIPER") call handling platform. Together, the two companies will deliver fully-integrated 9-1-1 solutions for public safety.
Announcement Date: November 5, 2008
Deal Value: $167 Million (Cash)
The Shawmark Group acquires Aspiration Software
The Shawmark Group, a private equity investment company that specializes in investment in service providers to the Intelligence Community, acquired the assets of Aspiration Software, Inc., an IT company providing a wide range of services to U.S. governmental agencies. Aspiration Software specializes in systems engineering and integration, database services, large-scale system design and testing, operations and maintenance support, network engineering, system administration, system security, software and multimedia development and web technologies. The Aspiration Software LLC investment is a natural enhancement to Shawmarks Intelligence Community business and is part of its overall strategy to create a company that provides the highest quality IT services to the Intelligence Community.
Announcement Date: October 31, 2008
Deal Value: Undisclosed
Private Party acquires Homeland Integrated Security Systems
Mr. Roger Ralston, a technology and finance industry executive, has acquired Homeland Integrated Security Systems, Inc. Mr. Ralston will assume control of the Company as CEO and Chairman of Homeland Integrated Security Systems, Inc. The Company's current officers and directors have agreed to resign effective immediately. Homeland Integrated Security Systems, Inc. will continue to operate as a subsidiary of the public entity, continuing its operations in applying applications for data and tracking functions using its current Cyber Tracker product line. With Mr. Ralston's direction, the company will actively seek acquisition candidates which will complement the company's current products and improve their product portfolio to reach various vertical markets and increase the company's revenue stream.
Announcement Date: October 27, 2008
Deal Value: $8.3 Million
CAE to acquire Kestrel
CAE Inc agreed to acquire Kestrel Technologies Pte Ltd, an information technology services provider. CAE Inc, headquartered in Saint-Laurent, Canada, manufactures advanced simulation and control equipment like aircraft simulators and automotive and industrial products. Kestrel, which employs 13 people and has revenues of approximately C$1 million, currently provides consulting and professional services, and provides simulator maintenance and technical support services on behalf of CAE on Super Puma and CH-47 Chinook full-mission helicopter simulators operated by the Republic of Singapore Air Force. CAE Singapore will now expand on these service offerings to include program management, systems and software engineering, and research and development. In addition, CAE Singapore will now focus on new market segments such as unmanned aerial systems (UAS), network centric warfare, common databases and distributed mission training.
Announcement Date: October 17, 2008
Deal Value: Undisclosed
Boeing to acquire Federated Software Group
The Boeing Company is acquiring Federated Software Group, a provider of engineering services and software systems that help track and distribute equipment and personnel for the U.S. Department of Defense. Federated Software Group is the integrator for several critical command and control systems and provides engineering services for government contracting and billing systems. The U.S. Air Force Air Mobility Command uses Federated Software Group applications to track the planes, pilots, passengers and cargo involved in airlift and aerial refueling operations. The company's applications also are used by the U.S. Transportation Command to track and optimize air, land and sea mobility operations around the world. The acquisition of Federated Software Group complements Boeings decision to buy Tapestry Solutions. Both acquisitions are key moves in its strategy to significantly expand its presence in the logistics command and control marketplace with existing, mature contracts and customer relationships.
Announcement Date: October 16, 2008
Deal Value: Undisclosed
WebQA acquires InTouch Product Line
WebQA announced it has acquired the InTouch product line for government citizen servicing from MMI Internetworking, a division of privately held MMI Professional Services. WebQA is a provider of Customer Relationship Management, and its WebQA Action Center Series serves over 63 million people worldwide. The InTouch portfolio of modules allows local governments around the country to capture service requests, execute work orders, and manage code enforcement in both a hosted and non-hosted environment. With InTouch, WebQA will have both a Java and .Net offering for its customers. It will also have the opportunity to provide hosted and non-hosted platforms depending upon the needs of the local government.
Announcement Date: October 16, 2008
Deal Value: Undisclosed
QinetiQ Group buys Commerce Decisions Ltd.
QinetiQ Group PLC, a provider of scientific research test and evaluation, has acquired Commerce Decisions Ltd, developer of AWARD software and offers secure hosting consultancy, training and maintenance services. QinetiQ focuses on Systems Engineering and Technical Advice with global and theater defense architecture, defense systems interoperability, integration and testing services, sense and respond logistics and programmatic services, as well as aviation, missiles, logistics services and unmanned aerial vehicles technologies. It provides research-based technology solutions and support services to governmental organizations including the UK Secretary of State for Defense (MOD), UK national intelligence and security agencies, the U.S. Department of Defense, the U.S. Department of Homeland Security and other U.S. intelligence and security agencies. The company was founded in 2001.
Announcement Date: October 15, 2008
Deal Value: $16.8 million (Cash)