Parsons bolsters intell business with acquisition
- By Nick Wakeman
- Mar 02, 2009
Engineering services firm Parsons Corp. has bolstered its intelligence business with the acquisition announced late last week of McMunn Associates Inc.
The company, known as MAI, provides analytical, technical, training and management services to U.S. intelligence agencies.
Terms of the deal were not disclosed. MAI, of Herndon, Va., has about 100 employees. The company will become a subsidiary of Parsons Infrastructure and Technology Group.
MAI’s services include blended learning training solutions, which combine virtual and physical training; civil maritime solutions; research and analysis support; and critical infrastructure protection.
“This is an exciting time for MAI," said David McMunn, MAI president. "Becoming part of a nearly 12,000-person firm will provide our current staff with expanded opportunities and will increase the depth and breadth of the services we offer.”
Aronson Capital Partners served as the financial adviser to MAI.
Parsons is ranked No. 95
on Washington Technology’s 2008 Top 100
list of the largest government contractors.
Nick Wakeman is the editor-in-chief of Washington Technology. Follow him on Twitter: @nick_wakeman.