M&A

Jacobs adds Treasury, health care footprint through Blue Canopy acquisition

Jacobs Engineering Group has acquired cyber and data analytics contractor Blue Canopy to expand digital service offerings into the Treasury, federal education and health care agency communities.

Terms of the transaction were undisclosed. Blue Canopy recorded $104 million in revenue last year and has 450 employees. Investment bank Houlihan Lokey advised Blue Canopy on the transaction.

Reston, Va.-headquartered Blue Canopy brings to Jacobs a presence with the Treasury; Federal Deposit Insurance Corporation; departments of Education, Health and Human Services and Homeland Security; and the Securities and Exchange Commission. Blue Canopy also works with agencies in the defense and intelligence communities.

Jacobs said the deal is part of its ongoing investments into its "Jacobs Connected Enterprise" portfolio of digital services intended to connect critical infrastructure and analyze data to defend against internal and external network threats.

Blue Canopy's prime IT contract vehicle portfolio includes the National Institutes of Health CIO-SP3 Small Business, Navy Seaport-e, General Services Administration IT Schedule 70 and Centers for Medicare and Medicaid Services SPARC.

The company is a 2016 GovCon Contractor of the Year award winner in the $75-300 million revenue category.

About the Author

Ross Wilkers is a senior staff writer for Washington Technology. He can be reached at rwilkers@washingtontechnology.com. Follow him on Twitter: @rosswilkers. Also find and connect with him on LinkedIn.

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.