Perot Systems Corp. has acquired Original Solutions Ltd., an IT services provider with government and corporate clients in Ireland and the United Kingdom.
Municipalities are increasingly outsourcing the management of police-initiated and private automobile towing and tracking. As one indication of the growing market, two providers of such services announced a merger this week.
Since 2004, the price-to-performance multiples of publiclytraded government technology services companies havetrended downward, while the valuations of mergers andacquisitions have held their ground. Is this rational,sustainable and likely to continue through this year and the next?
SRA International will acquire Era Corp., a provider of advanced surveillance technologies for air traffic management, airport operations, military and security markets.
The acquisition is intended to boost SAIC's live-training capabilities and enable the company to provide a more comprehensive array of offerings in those areas..
Professional services business NetStar-1 Inc. has acquired Aviel Systems Inc., a provider of program management and IT service offerings to the federal government.
From a detailed review of the merger and acquisition and public capital market activity of government technology services companies for the past three years, onemust conclude that this industry has matured. It also is clear that consolidation and M&A activity will continue for the foreseeable future to be a major driver of growth and shareholder value.
