Matcom buys Entek, boosting security offerings

Matcom International Corp. has acquired privately held Entek Inc., the investment banking firm Quarterdeck Investment Partners LLC said Oct. 22. Terms of the deal, expected to close in 30 days, were not disclosed.

The acquisition of Entek positions Matcom to capitalize on the growing technology requirements associated with homeland security, according to Quarterdeck. Entek of Alexandria, Va., has about 100 employees and more than $10 million in annual revenue.

The two companies are developing a plan to integrate Entek, said Bill Farmer, a vice president at Quarterdeck. Quarterdeck served as financial adviser to Entek on the deal, initiating conversations and helping structure the sale.

Matcom, also of Alexandria, is a professional services corporation that provides information technology, engineering and technical services solutions for government clients worldwide. The company has about 500 employees and annual revenue of about $70 million.

About the Author

William Welsh is a freelance writer covering IT and defense technology.

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
close

Trending

  • 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.

Terms and Privacy Policy consent

I agree to this site's Privacy Policy.