NCI snaps up Karta Technologies

With its acquisition of Karta Technologies Inc., NCI Inc. adds several new markets and capabilities including health care, training and distance learning. Terms of the acquisition were not disclosed.

Karta of San Antonio brings new customers with defense and civilian agencies as well as adds 400 employees to NCI. Karta's annual revenue falls in the $55 million to $60 million range. NCI has about 1,900 employees and had 2006 revenue of $218.3 million.

"In essence, we are combining two highly successful, profitable companies with proven performance histories and similar cultures, visions and values," said Charles Narang, NCI chairman and chief executive officer.

The acquisition of Karta fits several of NCI's objectives, such as opening new Defense Department markets and adding new task order contracts, company officials said. In addition to health care, training and distance learning, the acquisition also adds new engineering capabilities to NCI.

The investment bank BB&T Capital Markets/Windsor Group served as an advisor to Karta.

NCI of Reston, Va., ranks No. 96 on Washington Technology's 2007 Top 100 list of the largest federal government prime contractors.

About the Author

Nick Wakeman is the editor-in-chief of Washington Technology. Follow him on Twitter: @nick_wakeman.

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

  • POWER TRAINING: How to engage your customers

    Don't miss our Aug. 2 Washington Technology Power Training session on Mastering Stakeholder Engagement, where you'll learned the critical skills you need to more fully connect with your customers and win more business. Read More

  • PROJECT 38 PODCAST

    In our latest Project 38 Podcast, editor Nick Wakeman interviews Tom Romeo, the leader of Maximus Federal about how it has zoomed up the 2019 Top 100. 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.