Huntington Ingalls Industries Acquires Fulcrum IT Services
February 26, 2019
Huntington Ingalls Industries (HII) acquired Fulcrum IT Services, LLC from private equity owners Boyne Capital and Grindstone Partners for $193 million. Fulcrum, headquartered in Centreville, Virginia, provides IT and government consulting (software development, data analytics, cyber security and advanced engineering) primarily to federal defense, intelligence, education and healthcare customers and will join HII's Technical Solutions division.
- Buyers
- Huntington Ingalls Industries
- Targets
- Fulcrum IT Services, LLC
- Sellers
- Boyne Capital, Grindstone Partners
- Industry
- IT Services
- Location
- Virginia, United States
- Transaction Type
- Buyout
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