CACI completes acquisition of consulting firm
- By Doug Beizer
- Jun 01, 2007
CACI International Inc. completed its stock purchase of the Institute for Quality Management Inc., a provider of performance management consulting and operational support services to the intelligence community and homeland security markets.
IQM, based in Fairfax, Va., offers solutions in organizational performance management, organizational development and training; financial and program management; process improvement; and intelligence production. CACI announced its intention to acquire the company in mid-May, and announced its completion May 31.
Most IQM employees hold Top Secret clearances with special accesses. Major clients include national intelligence agencies, the Department of Defense and the Department of Homeland Security.
"CACI's mergers and acquisitions program remains a key driver of our growth and an important element in our business plan," said J.P. London, CACI chairman, president, and chief executive officer.
Arlington, Va.-based CACI ranks No. 22
on Washington Technology's 2007 Top 100 list
of the largest federal government prime contractors.
Doug Beizer is a staff writer for Washington Technology.