PAE adds to info management portfolio as FCi purchase closes
By
Ross Wilkers
PAE completes its acquisition of former competitor FCi Federal and adds new information management work that includes a large Citizenship and Immigration Services contract.
PAE has closed its acquisition of former government services competitor FCi Federal that adds new information management and program support work for federal agencies.
Arlington, Va.-based PAE first announced the deal for terms undisclosed in April that also represents its first acquisition since the company was acquired one year ago by Los Angeles-based Platinum Equity.
Based in Ashburn, FCi provides adjudication support and process management services to agencies in the law enforcement and homeland security sectors.
FCi brings to PAE a potential five-year, $461 million contract awarded in 2015 for records management and support services to the U.S. Citizenship and Immigration Services National Benefits Center.
FCi will operate within PAE as a business unit out of its Ashburn headquarters. Founded in 1991 by Sharon Virts, FCi has approximately 5,000 employees and subcontractors.