VRC is proud to release its latest Industry Report. The report provides a concise, insightful update on the IT Government Contracting industry including recent transactions, market multiples, company performance and purchase price allocation percentages.
Read the full report: IT Government Contracting: March 2020
March 2020 Industry Highlights
- On February 6, 2020, SAIC announced its acquisition of Unisys Federal for approximately $1.2 billion. Unisys Federal brings capabilities in cloud migration, IT modernization, managed services, and DevSecOpps.
- On January 27, 2020, ASGN and subsidiary ECS acquired the federal division of Blackstone Technology Group for $85 million. Blackstone Federal provides services such as agile application development, cloud modernization, systems architecture, cybersecurity, user experience design, and branding services.
- In January, ICF acquired Incentive Technology Group for $255 million. ITG is a fast-growing provider of cloud-based platform services to the federal government, including HHS, DOS, DHS, and GSA.
- Read the full March 2020 IT Government Contracting industry report.
Past Industry Updates: