CACI continues revving its acquisition engine
- By Nick Wakeman
- May 31, 2007
CACI International Inc. is planning to acquire the Wexford Group International, a Vienna, Va.-based consulting firm.
Terms of the deal were not disclosed, but CACI expects to pick up about $100 million in new revenue. Wexford has about 190 employees, and its customers include the Army, Navy and Air Force as well as Defense Department agencies such as the Defense Information Systems Agency and the Deployment Health Support Directorate.
The acquisition, CACI's second this month, expands the company's presence in the defense community and increases its management and technical consulting capabilities. The deal is expected to close before June 30.
On May 14, CACI announced that it was acquiring the Institute for Quality Management Inc. of Fairfax, Va. IQM offers performance management consulting and operational support services to intelligence and homeland security agencies. Terms of that deal were not disclosed either.
CACI ranks No. 22
on Washington Technology's 2007 Top 100 list
of the largest federal government prime contractors.
Nick Wakeman is the editor-in-chief of Washington Technology. Follow him on Twitter: @nick_wakeman.