Copper River eyes larger modernization footing via acquisition

Copper River, an Alaska Native-owned contractor, has acquired an IT services provider in a move to further build out technical offerings and gain a foothold in enterprise modernization programs.

The Prospective Group opened for business in 2011 and touts a workforce comprised of technologists, cybersecurity specialists, cloud engineers, data analysts and program managers.

With this transaction announced Jan. 22, Copper River is also looking to expand its portfolio of cybersecurity and analytics offerings for federal agencies. Financial terms of the agreement were not disclosed.

TPG has recorded $36.9 million in unclassified prime contract revenue over the trailing 12 months with the State Department being its largest customer at 59% of that spend. The Defense Counterintelligence and Security Agency is next at 24%, according to USASpending.gov data.

Copper River describes TPG’s work as spanning these categories:

• Enterprise IT modernization and cloud transformation
• Cybersecurity engineering and defensive cyber operations
• Advanced analytics and data integration
• Mission‑critical program and portfolio management
• Human capital, health and regulatory program support

Copper River was advised by Rock Hall Partners. TPG was advised by Agreeance and StrataGC.