CEN Corp. Acquisition Doubles Andrulis' Size
- By Patience Wait
- Sep 25, 2001
Andrulis Corp., Arlington, Va., a woman-owned business that provides a range of engineering and IT services in both the federal and commercial sectors, is purchasing CEN Corp. of Alexandria, Va., the company announced Sept. 21.
"We have taken another giant step in our master plan," said Marilyn Andrulis, co-founder, chairman and chief executive officer. Adding CENCOR's services "results in Andrulis having the most comprehensive and strong list of offerings for our government and commercial customers in our 30-year history," she said.
Andrulis will double its size to almost 300 employees, with activities in 18 states and numerous federal agencies, including the Navy, Air Force, Army, the Secretary of Defense, National Science Foundation, Department of Housing and Urban Development, Immigration & Naturalization Service, Justice Department and Internal Revenue Service.
CENCOR is an IT services company founded 14 years ago by John Wegl, a Vietnam veteran. He is joining Andrulis as a senior vice president, reporting to John Chapel Jr., president and chief operating officer.
CENCOR provides professional services in areas such as telecommunications, voice and data network technical support, software development and independent quality assurance services for programs, products and procedures.
"The companies are very much alike in a lot of ways, so it's a strengthening of both," said Bob Alford, vice president for business development at Andrulis. "It gives us a little bit more coverage of geographical areas and a lot more bench strength in the areas we both already were in."
Alford declined to say how much Andrulis is paying to acquire CENCOR. He said Andrulis' revenue forecast for the current fiscal year is about $20 million before taking CENCOR's revenue into account.
"Our expected results next year will be almost $40 million without [factoring in] growth," he said.