M&A

ManTech closes second cyber-focused deal in a month

ManTech has completed its second acquisition of a cybersecurity-focused company in nearly a month, this time for Tapestry Technologies to gain further architecture and policy development capabilities.

Terms of the transaction announced Monday were undisclosed, but ManTech said Tapestry will add nearly 150 cleared professionals to the former’s workforce.

This deal follows ManTech’s acquisition of Minerva Engineering in mid-November that also included the addition of new talent with clearances as part of the rationale.

Chambersburg, Pennsylvania-based Tapestry was founded in 2005 and also touts its systems and software engineering and cyber training services under a DevSecOps model.

Tapestry was featured in the 2016 edition of our annual Fast 50 rankings that feature the government market’s fastest-growing small businesses.

Some of Tapestry’s customers include the Army, Navy, Air Force and Defense Information Systems Agency.

Tapestry also has worked with commercial vendors on projects for Cyber Command, the National Institute of Standards and Technology, National Security Agency and other Defense Department agencies outside the service branches.

Investment bank KippsDeSanto & Co. advised Tapestry on the transaction.

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 connect with him on LinkedIn.

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