Mergers & acquisitions

ACS unloads its welfare-to-workforce line

Affiliated Computer Services Inc. of Dallas sold its $200 million-a-year welfare-to-workforce services to Arbor E&T LLC for an undisclosed sum in a deal expected to close in January.

ACS State and Local Solutions acquired the welfare-to-workforce services in its 2001 purchase of Lockheed Martin IMS.

Arbor E&T of Media, Pa., is a subsidiary of Res-Care Inc. of Louisville, Ky., a human-services training company.

SRA finishes buy of Spectrum Solutions

SRA International Inc. completed its acquisition of Vienna, Va.-based Spectrum Solutions Group Inc. Terms of the deal were not disclosed.

SRA of Fairfax, Va., last month had signed a definitive agreement to acquire the provider of enterprise solutions to the federal government.

Federal customers of Spectrum, which generated about $15 million over the past year, include the Health and Human Services and Homeland Security departments.

Manatron picks up Plexis Group

Manatron Inc. acquired for $1 million in cash Plexis Group LLC of Indianapolis, a software and support services provider.

The Kalamazoo, Mich., company paid $600,000 at closing and will pay $400,000 with interest via a promissory note over two years.

The acquisition of the Indianapolis software company brings to Manatron new customers and significantly expands its customer base with Indiana local government.

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


  • 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. Our databases track awards back to 2013. Read More

  • Navigating the trends and issues of 2016 Nick Wakeman

    In our latest WT Insider Report, we pull together our best advice, insights and reporting on the trends and issues that will shape the market in 2016 and beyond. Read More

contracts DB

Washington Technology Daily

Sign up for our newsletter.

I agree to this site's Privacy Policy.