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Industry Week in Review – October 2, 2020

KippsDeSanto & Co. Industry Week in Review – October 2, 2020

Industry Week in Review – October 2, 2020

M&A Transactions

DLH Holdings Corp. has acquired Irving Burton Associates, LLC, a provider of research, systems development, and other technology-enabled solutions to the DHA, TATRC, USAMRDC, and other DoD agencies. The transaction is valued at $32 million. KippsDeSanto acted as exclusive financial advisor to Irving Burton Associates, LLC.

 Tetra Tech, Inc. has acquired BlueWater Federal Solutions, Inc., a provider of information technology solutions, cybersecurity, applications development, and development and operation of federal enterprise systems for US government clients. The terms of the transaction were not disclosed. KippsDeSanto acted as exclusive financial advisor to BlueWater Federal Solutions, Inc.

ASGN Incorporated has acquired Skyris, LLC, a provider of remote sensing science, data science, and geospatial solutions in support of IC, defense, and national security missions. The terms of the transaction were not disclosed.

DC Capital Partners Management, LP, has acquired Digital Force Technologies, LLC, a provider of proprietary force protection and surveillance products and solutions for the special operations community. The terms of the transaction were not disclosed.

Snow Phipps Group, LLC, has acquired Prototek Sheetmetal Fabrication, a portfolio company of CORE Industrial Partners, and a provider of CNC machined and sheet metal fabricated components for customers across end markets, such as aerospace, defense, and robotics. The terms of the transaction were not disclosed.

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