Access Systems acquires OASAS Learning Solutions
Access Systems Inc., an IT professional services firm in Fairfax, Va., has acquired OASAS Learning Solutions Inc., an IT services firm in Springfield, Va. Terms of the deal were not disclosed. Both companies are privately held.
Access Systems Inc., an IT professional services firm in Fairfax, Va., has acquired OASAS Learning Solutions Inc., an IT services firm in Springfield, Va. Terms of the deal were not disclosed. Both companies are privately held.
Access Systems, a woman-owned, 8(a)-certified small business, provides logistics, program management, e-business, IT security and managed IT services, and systems engineering and systems integration. With the acquisition of OASAS, also an 8(a) firm, Access Systems added capabilities in software development, independent validation and verification, training and Web site development.
In addition, Access Systems expanded its client base to include the U.S. Geological Survey, Defense Information Systems Agency, Federal Communications Commission and the departments of Agriculture, Interior and Veterans Affairs, company officials said.
"The addition of OASAS to our team expands our ability to deliver service excellence to our customers and employees. We can offer a wider array of capabilities and opportunities," said Julie Lee, president of Access Systems.
The company's work includes program management on the Navy-Marine Corps Intranet contract, technical and security support services for U.S. diplomats worldwide and implementation of digital signature and public key infrastructure technology for improved security at multiple Air Force bases nationwide.
Prior to the deal, Access Systems employed 120 people; OASAS employed 60. Access Systems recently hired 60 more people to work on a new five-year, $18 million contract for administrative and IT services for the U.S. Joint Forces Command in Norfolk, Va., said Gary Shoemaker, chief operating officer of Access Systems.
Access Systems had $7 million in revenue in fiscal 2002; OASAS had $6.9 million. The combined company will have about $20 million in fiscal 2003 revenue, Shoemaker said.