M&A CORNER
DMI acquires Ambit Group.
OceanSound PArtners backed DMI announced that it has acquired the Ambit Group LLC, a provider of data analytics, cybersecurity, and mission support services to the U.S. Government. This is DMIs 2nd acquisition in 2022 and will further enhance DMI’s comprehensive suite of digital services and expand its portfolio of customers and contract vehicles in the federal space. Read more
FireTeam Solutions Merges with Case Consulting.
AEI Portfolio Company FireTeam Solutions Acquires Case Consulting. a high-end software development and engineering services provider to the Intelligence Community. The combined company will continue to use their respective brand names in the market. Read more
CACI with 8% growth in fiscal 2023 Q1 revenue.
CACI International reported $1.60B in revenue for the first quarter of its 2023 fiscal year, up 8% from the prior year period. It attributed the increase to a 4% organic growth and recently closed acquisitions. The govt. technology contractor has said net income from operations rose 4.5% for the July-September period to $132.8M and diluted earnings of $3.76 per share. Read more
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