Industry Update: IT Government Contracting

By: Edward Hamilton | PJ Patel | Raymond Weisner

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: August 2018

August 2018 Industry Highlights

  • Supported by robust valuations, federal budget certainty, available debt, and tax reform, M&A activity with both corporate buyers and private equity remains strong. Among acquirers, there is a varied focus on both building scale and gaining access to specific customers and capabilities.
  • In August, Alion, a Veritas portfolio company, acquired MacAulay Brown, a leading provider of engineering and technology solutions to the DoD and IC accelerating the combined company’s presence in high priority emerging technologies. The deal is Alion’s first since its acquisition by Veritas.
  • In May, CoVan Management and Madison Dearborn Partners partnered to acquire LinQuest Corp., a provider of space systems technology solutions to the DoD and IC. In 2014 they jointly acquired LGS Innovations.
  • Read the full August 2018 report here.

Past Industry Updates:

IT Government Contracting: March 2018

IT Government Contracting: September 2017

IT Government Contracting: March 2017