Tribalco LLC Acquires PROSOFT's GSA Alliant GWAC

In October, Tribalco LLC acquired the GSA Alliant GWAC (Large Business) from Professional Software Engineering Inc. (PROSOFT).  Alliant is a $50B (ceiling) program with an ordering period through April 2019, and ability to execute work through April 2024, that will allow Tribalco to provide a vast array of IT services and solutions worldwide to both Defense and civilian agencies.  The deal was finalized following GSA's approval of the contract novation on October 30.  Deal terms were not disclosed.  Aronson Capital Partners served as the financial advisor to PROSOFT on the transaction.

​While companies often target other companies for acquistion, there is an excellent opportunity to gain customer access and additional revenue stream through the acquisition of contracts.  We believe there are many high-ROI deals to be had for companies looking to acquire positions on IDIQ contract vehicles from contract-holders who are not able or willing to monetize their prime positions.  Please contact us if you would like to discuss further.