Fulcrum IT adds health, HR services with Corbin deal
- By Mark Hoover
- Oct 19, 2012
Fulcrum IT has acquired the Corbin Co. to expand its information technology offerings in health care and human resource services.
Terms of the deal were not disclused but Fulcrum is adding capabilities in areas such as specialized change management, quality assurance and strategic planning, the company said.
Corbin CEO Mark Robin added, “Fulcrum’s portfolio of service offerings and clients complements Corbin’s suite of professional services in the best possible way. Fulcrum’s focus on supporting employees and customers matches Corbin’s culture nicely."
The acquisition also expands Fulcrum’s portfolio of clients, among which are the Homeland Security, Uniformed Services University of the Health Sciences and the Army’s Research, Development and Engineering Command Communications-Electronics Research, Development and Engineering Center’s, or CERDEC.
“The additional offerings in health care and HR broaden our potential client base into two very important markets. Additionally, the engineering services such as those provided to the Army’s Research, Development and Engineering Command bolster our existing innovative technology solutions that can deliver break-through technologies for the next generation warfighter,” said Jeff Handy, Fulcrum IT CEO.
Corbin, a technology engineering services provider, adds its mission critical solutions, including current broad sensor technology, to support CERDEC’s Night Vision and Electronic Sensors Directorate, Fulcrum said.
Fulcrum IT also said that it will be able to deliver sensor technology support through Corbin’s prime position on the Warrior Enabling Broad Sensor Servicescontract, a five-year task order contract valued at $1.8 billion.
The McLean Group, an investment bank, acted as an advisor to Corbin in the transaction.
Mark Hoover is a contributing writer to Washington Technology.