DMI Acquires Aurotech

OpenGate Capital Acquires Aurotech, Inc.

November 2, 2020

IT Services

OpenGate Capital, a Los Angeles-based private equity firm, has acquired a majority interest in Aurotech, Inc., a Silver Spring, Maryland provider of digital services for U.S. federal healthcare and adjacent civilian agencies. Founder Hetal Patel remains as President and CEO and Aurotech will pursue growth and add-on acquisitions with OpenGate's operational support; terms were not disclosed.

Torch.AI Acquires The DataTech Group

December 7, 2021

Data & Analytics

Torch.AI acquired The DataTech Group, an Illinois-based data warehouse and analytics solutions provider, to strengthen its capabilities and expand support for U.S. Department of Defense and other federal clients. The acquisition brings DataTech’s expertise in data warehousing, decision support systems, and enterprise architecture into Torch.AI’s AI-powered Nexus platform to accelerate federal mission outcomes.

DMI Acquires The Ambit Group

October 27, 2022

IT Services

DMI, a Bethesda-based digital transformation services firm and portfolio company of OceanSound Partners, has acquired The Ambit Group LLC, a provider of data analytics, cybersecurity, and mission support services to U.S. federal agencies. The deal strengthens DMI's capabilities and contract portfolio in federal civilian and defense markets; terms were not disclosed.

Axiologic Solutions Acquires Data Intelligence Technologies

May 23, 2022

Cybersecurity

Axiologic Solutions has acquired Tysons-based Data Intelligence Technologies to broaden its capabilities in artificial intelligence, cybersecurity and data science for the intelligence community and federal customers. Data Intelligence was represented by DLA Piper (legal) and Monument Capital Partners (financial advisor); Axiologic was supported by Rees Broome, Pipaya and Atlantic Union Bank.

Tetra Tech Acquires Axiom Data Science

March 8, 2022

Data & Analytics

Tetra Tech, Inc. has acquired Axiom Data Science, an Anchorage-based informatics and software development firm specializing in oceanic and ecological data management and analysis. Axiom will join Tetra Tech's Government Services Group to expand the firm's advanced analytics capabilities in oceans and ecosystems, supporting clients such as NOAA and NASA; terms were not disclosed.

Happiest Minds Technologies Acquires Aureus Tech Systems LLC

May 9, 2024

IT Services

Happiest Minds Technologies has signed definitive agreements to acquire 100% membership interests of Aureus Tech Systems LLC, an Azure-native digital product engineering firm headquartered in Denver with ~150 employees. The acquisition strengthens Happiest Minds' product and digital engineering capabilities and domain presence in Insurance & Reinsurance and Healthcare & Life Sciences, enabling cross-sell of cloud, AI, security and infrastructure offerings.