SES/SES Government Solutions Acquires DRS Global Enterprise Solutions from Leonardo DRS for $450M

SES Completes Acquisition of Intelsat

July 17, 2025

Telecommunications

SES has completed its acquisition of Intelsat, creating a strengthened multi-orbit satellite operator with an expanded fleet and combined capabilities across GEO, MEO and access to LEO. The deal brings together complementary satellite assets, ground networks and teams to expand government, aviation, maritime and media connectivity offerings and capture cost synergies.

VSE Corporation Acquires Desser Aerospace from Graham Partners

July 13, 2023

Transportation

VSE Corporation has completed the acquisition of Desser Aerospace from Graham Partners for total cash consideration of $124 million, with a concurrent sale of Desser's Proprietary Solutions businesses to the Loar Group for $30 million (resulting in a net cash outlay to VSE of $94 million). Desser is a global aftermarket distributor of specialty aircraft tires, brakes, batteries and an MRO provider with operations in California, Tennessee, the United Kingdom and Australia; VSE and Loar expect the transactions to expand geographic reach and aftermarket/MRO capabilities.

Pelican Energy Partners Acquires GSE Solutions (GSE Systems, Inc.)

August 8, 2024

Energy

Pelican Energy Partners agreed to acquire GSE Systems, Inc. (doing business as GSE Solutions) in an all-cash merger valued at $4.10 per share (approximately a 50% premium). The transaction, unanimously approved by GSE’s board and overwhelmingly approved by shareholders, takes GSE private; Pelican plans to invest in GSE’s technology and growth to expand its nuclear and power-industry services.

DLH Holdings Corp. Acquires Grove Resource Solutions (GRSi)

December 8, 2022

IT Services

DLH Holdings Corp. (NASDAQ: DLHC) acquired privately held Grove Resource Solutions, Inc. ("GRSi") of Bethesda, Maryland for $185.0 million to strengthen DLH's information technology and cybersecurity capabilities for federal customers. GRSi, a federal-focused IT, systems engineering and cybersecurity provider with ~700 employees, is expected to contribute approximately $140 million of annualized revenue and had a backlog of about $550 million at closing.

Dinocrates Group Acquires Global Management Systems Inc.

September 10, 2019

IT Services

Dinocrates Group, a Rockville, Maryland-based strategy and technology advisory firm, acquired Global Management Systems Inc. (GMSI), a secure networking and communications provider serving federal and commercial markets. The acquisition adds roughly 80 skilled employees and expands Dinocrates' capabilities into mission-critical communications, network engineering and secure mobility for defense and commercial customers.

Cleo Acquires DataTrans Solutions

February 7, 2025

Cloud & SaaS

Cleo has acquired DataTrans Solutions (DTS), a cloud-based procurement automation and EDI solutions provider; terms were not disclosed. The acquisition integrates DTS’s procurement automation capabilities into the Cleo Integration Cloud to strengthen procurement orchestration, supplier onboarding, and working capital optimization.