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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