MERGERS & ACQUISITIONS

CRGT makes deal for Guident Technologies

Acquisition adds data analytics, business intell and new customers

CRGT Inc. has acquired the fast-growing Guident Technologies Inc., a frequent member of Washington Technology’s annual Fast 50 list of the fastest growing small businesses in the government market.

Terms of the deal were not disclosed.

With the acquisitions, CRGT is picking up more capabilities in areas such big data analytics and business intelligence. It is the third acquisition in two years, according to the company.

“We have strategically added highly differentiated capabilities in vital growth segments of the federal IT marketplace,” said Ramzi Musallam, managing partner of Veritas Capital, the private equity group that owns CRGT.

Other services that Guident provides include data analytics strategy and planning services, along with data warehouse, data management and business analytics solutions. The company also provides enterprise application integration, enterprise resource planning, and content intelligence services, CRGT said.

The acquisition also brings new customers such as EPA, Transportation Department, Patent and Trademark Office, and the Securities and Exchange Commission.

Guident, based in Herndon, Va., made the Fast 50 for five years straight, starting in 2006. The company was co-founded by Dan Ackerman and Teddy Matheu in 1996.

The investment bank, KippsDeSanto, served as an advisor to Guident in the sale, which closed at the end of 2012.

About the Author

Nick Wakeman is the editor-in-chief of Washington Technology. Follow him on Twitter: @nick_wakeman.

Reader Comments

Please post your comments here. Comments are moderated, so they may not appear immediately after submitting. We will not post comments that we consider abusive or off-topic.

Please type the letters/numbers you see above

What is your e-mail address?

My e-mail address is:

Do you have a password?

Forgot your password? Click here
close
SEARCH
 Top 100 Slideshow
contracts DB

Trending

  • Dive into our Contract Award database

    In an exclusive for WT Insider members, we are collecting all of the contract awards we cover into a database that you can sort by contractor, agency, value and other parameters. You can also download it into a spreadsheet. Read More

  • Is SBA MIA on contractor fraud? Nick Wakeman

    Editor Nick Wakeman explores the puzzle of why SBA has been so silent on the latest contractor fraud scandal when it has been so quick to act in other cases. Read More

Webcasts