Mission Essential announced that it has acquired Information Management Technology Corporation (IMT), a systems integration and software engineering firm. IMT specializes in the dissemination of time-critical intelligence to the warfighter and is the lead technical support and sustainment provider for the DoD’s Integrated Broadcast Service (IBS) Enterprise which is the agency’s satellite-connected communications network for intelligence sharing, threat warning, and targeting activities. Arena Strategic Advisors LLC advised Mission Essential and KippsDeSanto represented IMT. Deal terms were not disclosed.
Femme Comp Inc. (FCI) announced that it has sold to a business partnership formed by three individuals including FCI’s former COO. FCI is a Chantilly, Virginia-based contractor that provides systems engineering, cybersecurity, IT services, financial and management solutions to government clients. The acquiring entity was formed by John Bronson (former EVP and COO), Robert Knibb (co-founding General Partner of Arlington Capital Partners), and B. Hagen Saville (former CEO of MCG Capital Corporation). John Bronson will take the helm of the company as the new President and CEO. In addition, the company has brought on Danny Pummill, retired Under Secretary for Benefits from the VA, as EVP and COO. Deal terms were not disclosed.
Emergency Communications Network (ECN), a portfolio company of Veritas Capital, announced that it has acquired MIR3, a SaaS provider of intelligent communication solutions to both commercial and government clients. MIR3’s intelligent notification solution is used for business continuity and emergency notification. In addition, the company offers TelAlert which is a two-way notification system used to simplify the administration of network management, help desk, and financial processing systems. Deal terms were not disclosed.
We provide you with the latest news on acquisitions in the Defense and Government markets. Make sure to subscribe to our weekly deal updates: