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M&A SPECIAL REPORT
Bucking the tide of a sluggish and uncertain economy last year, technology and management solutions provider Acentia on April 1, 2012, acquired 2020 Company LLC, a federal health IT provider.
2020 “was a hot, high-growth entrepreneurial business” that had won numerous IDIQs and had generated interest from a number of prospective buyers, said Bob Kipps, principal at Kipps DeSanto, an investment bank that advised 2020 on the deal.
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EDITOR'S NOTE: Air Force announces winners of NetCents 2. Click here for the list of winners and more commentary.
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Back in the early years after the Sept. 11 terrorist attacks, there was a flood of government spending as homeland security funding grew and the nation took on two wars.
With that flood of cash came a flood of new companies believing they had some technology, solution or other offering that agencies just had to have.
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AIR FORCE
Four companies have one contracts of varying value to provide professional acquisition services to the Air Force at four of its bases.
While each contract varies in value, each of the four are cost-plus-fixed-fee, cost-reimbursable contracts and the total value is nearly $40 million.
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NSF
Catapult Technology has won a $12 million contract with the National Science Foundation to provide information technology capital planning and investment control/acquisition/portfolio/strategy services.
The contract was won under the GSA’s Schedule 70 vehicle. Catapult will provide services including capital and budget planning, business process improvement and assistance with acquisition of equipment and services, the company said in a release.
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M&A SPECIAL REPORT
2012 was a good year for dealmaking for KEYW Corp., with the company buying four companies: Dilijent Solutions, Rsignia, Sensage and, the grand jewel, Poole & Associates. But what was the strategy behind each acquisition? Why were these good buys for the company?
First and foremost, “each one filled a particular need we had in one area,” said John Krobath, chief financial officer of KEYW Corp.
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M&A
Haystax Technology Inc. of San Jose, Calif., has acquired Digital Sandbox, a McLean, Va., provider of data analytics products for the public safety, law enforcement and corporate security markets.
The marriage builds out Haystax big data capabilities, which have been focused on helping intelligence, defense and security customers handle ever increasing volumes of information.
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DHS
ManTech International has won a single-award, $96 million blanket purchase agreement to provide information and enforcement training services to the U.S. Customs and Border Protection organization.
The agreement, which was awarded under the company’s GSA schedule, has a one-year base and four option years.
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The response to the bombing at the Boston Marathon finish line this week held plenty of positives for coordination and planning, but it also highlighted a glaring weakness in that patient records were hard to come by.
David Delano, project director at Massachusetts eHealth Collaborative, said the next phase of the state’s health information exchange initiative, known as Mass HIway, will have a query capability for providers that participate. So, if a patient from another participating system comes in during an emergency, their records can be accessed, he told MedCity News.
That kind of access to medical records during an emergency like the bombing in Boston is the holy grail of health information exchange networks, Delano said.
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BUDGET
Deltek’s “Clarity” highlights event Wednesday morning was filled with market snapshots, talk of sequestration and fiscal 2014 predictions.
During one of the presentations, Deltek vice president, research, Kevin Plexico spoke of 2014 versus 2013 in terms of discretionary spending, which is sure to impact contractors.
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