SRA completes Touchstone Consulting deal
- By Roseanne Gerin
- Apr 25, 2005
SRA International Inc. has completed its acquisition of Touchstone Consulting Group Inc., the company said today.
SRA did not disclose the financial terms of the all-cash deal.
Based in Washington, Touchstone is a privately owned management consultancy that works with the federal government. It employs 135 people and had revenue of about $27 million for the 12 months ended March 31.
Fairfax, Va.-based SRA provides IT services and solutions to federal government agencies. It employs approximately 3,900 workers and had revenue of $615.8 million for the fiscal year ended June 30, 2004. The company is No. 31 on Washington Technology's 2004 Top 100 list of prime federal contractors. The 2005 Top 100 list will be published May 9.