Maximus Inc. has acquired National Misdemeanant Private Probation Operations from Behavioral Interventions Inc., the company announced last week, a deal that will allow Maximus to enter a growing market in the corrections industry.
The last few years have been difficult for private equity investors. Many of their investments in the 1990s are underperforming the original expectations upon which funds were committed. This is particularly true for investments in commercial information technology, consulting, telecom and wireless.
Some familiar names disappeared from this year's Top 100, but not because business was bad. Business at these companies was good?so good, in fact, that larger companies gobbled them up.
When Washington Technology published its first Top 100 list of federal IT contractors in 1994, a Democrat was in office, defense budgets were shrinking and the Internet was just emerging as a business tool.
CACI International Inc. plans to acquire Premier Technology Group Inc. to expand its client base in the defense and intelligence communities and enhance solutions it provides for military operations.
Anteon International Corp. has agreed to buy Information Spectrum Inc., a provider of defense and homeland security solutions that booked revenue of $130.5 million in fiscal 2002.
Systems integrator Sysorex Consulting has completed the integration of Information Systems Consortium Inc. and plans to "jump-start" efforts in the federal market.
Northrop Grumman Corp. has created two defense-related operations ? Mission Systems and Space Technology ? from the businesses it acquired in December from TRW Inc.The new sectors comply with the rest of the company's policies and operating procedures.
Science Applications International Corp.'s acquisition of the Huntsville, Ala.-based information technology services company provides SAIC with additional capabilities in engineering, programming and logistics services.
Three veteran executives of information technology companies serving the federal marketplace, backed by the private equity firm Arlington Capital Partners, have acquired ITS Services Inc., Springfield, Va.
Access Systems Inc., an IT professional services firm in Fairfax, Va., has acquired OASAS Learning Solutions Inc., an IT services firm in Springfield, Va. Terms of the deal were not disclosed. Both companies are privately held.
Three veteran executives of information technology companies serving the federal marketplace, backed by the private equity firm Arlington Capital Partners, announced April 10 that they had acquired ITS Services Inc., Springfield, Va.
General Dynamics Corp. of Falls Church, Va., acquired privately held Creative Technology Inc., a Herndon, Va., information technology and consulting firm. Terms were not disclosed.
Professional services firm Resource Consultants Inc. acquired Innerbase Technologies Inc., a provider of information technology services to federal agencies.
Computer Sciences Corp. has completed the acquisition of DynCorp, further solidifying the company's position as one of the top 10 government information technology contractors.
<FONT SIZE=2>In a bid to expand its work with the U.S. intelligence community, CACI International Inc. acquired Applied Technology Solutions of Northern Virginia Inc. </FONT>
