WT Business Beat

By Nick Wakeman

Blog archive
Nick Wakeman

Polaris Alpha revs M&A engine with another deal

Depending on how you want to count them, Polaris Alpha has either closed its fifth deal in the last year or its second.

If you are counting five, the first three acquisitions was the creation of Polaris Alpha in November 2016 when its owner in private equity group Arlington Capital Partners pulled together three companies it owned into a single structure -- EOIR Technologies, Intelligent Software Solutions and Proteus Technologies.

The fourth deal followed in January 2017 when it acquired Inteleysys.

Polaris Alpha closed its fifth deal on Sept. 27 when it acquired Solidyn Solutions of Denver.

A common thread runs through all of the deals -- pulling together capabilities in the three emerging warfare domains of cyber, electronics and space.

With Solidyn, Polaris Alpha said it is building more capabilities to develop space-based solutions. The company brings engineering talent and cloud solutions. Its major customers are defense and intelligence agencies.

Terms of the deal were not disclosed.

Solidyn solutions include satellite mission management, command and control systems, virtualization and cloud computing, information assurance, and large-scale data processing systems.

“This acquisition enables Polaris Alpha to significantly strengthen its reach in the space and C4ISR markets for military and intelligence customers,” Polaris Alpha CEO Peter Cannito said in a press release.

He also cited Solidyn’s close customer relationships in the intelligence community, a major area of focus for Polaris Alpha.

Solidyn was founded in 2004 and 90 percent of its employees hold high-level security clearances.

Michael Pearson, Solidyn co-owner and president; and J. Andrew Marshall, a co-owner, and vice president; have joined Polaris Alpha’s management team as senior vice presidents in the mission solutions business unit.

Posted by Nick Wakeman on Oct 02, 2017 at 8:53 AM


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.

I agree to this site's Privacy Policy.