Maximus Acquires Veterans Evaluation Services (VES) for $1.4 Billion

IMV Technologies Acquires VES Custom Optics (VESCO)

January 28, 2022

Medical Devices

IMV Technologies announced the acquisition of VES Custom Optics (VESCO), a UK-based supplier and service provider of veterinary rigid and flexible endoscopes. VESCO will be integrated into IMV imaging’s companion animal business to expand IMV’s veterinary endoscopy, service and training capabilities for small animal and equine customers in the UK and Ireland.

Versar Acquires Black & Veatch Environmental Services Business Unit (BVESB)

June 23, 2021

Environmental Services

Versar, Inc. acquired the environmental services business unit (BVESB) from Black & Veatch to strengthen its Environmental Services Group and expand capabilities in remediation, investigation, assessment and design for U.S. Federal customers. The deal adds experienced engineers and scientists focused on EPA, USACE and Department of Defense work and aligns with Versar’s strategy to broaden federal environmental remediation and site restoration offerings.

Best Value Healthcare Acquires MAXhealth

March 12, 2021

Healthcare Services

Best Value Healthcare LLC, a Tampa-based primary care platform, has acquired MAXhealth, a primary-care centric, multi-specialty group operating across West and Southwest Florida. The deal—announced March 12, 2021—adds scale (about 45 primary care providers across 13 clinics serving roughly 11,000 lives) to Best Value Healthcare; the platform is backed by Arsenal Capital Partners, which invested in Best Value Healthcare in November 2020.

Vectrus Acquires Zenetex

December 28, 2020

Aerospace & Defense

Vectrus, Inc. agreed to acquire Zenetex for approximately $112 million (net of $11 million of expected tax benefits) to accelerate its converged infrastructure strategy and broaden capabilities in engineering, logistics, MRO, and security for defense and intelligence clients. The acquisition expands Vectrus' access to Intelligence Community and foreign military customers; Zenetex is headquartered in Herndon, Virginia and had roughly $200M in revenue with a backlog of over $700M.

Cohesive Group (Bentley Systems) Acquires Vetasi

November 30, 2022

IT Services

Bentley Systems’ digital integrator business, Cohesive Group, has acquired Vetasi, an international enterprise asset management (EAM) consultancy with a strong focus on IBM Maximo. The acquisition expands Cohesive’s Maximo managed-services, cloud hosting and low-code capabilities and increases its geographic footprint across EMEA and Asia Pacific by adding Vetasi’s ~200+ employees and regional operations.

RS21 Acquires Versatile MED Analytics, Launches Health Lab

February 9, 2021

Healthcare Services

RS21 has acquired Versatile MED Analytics (VMA) and launched a new Health Lab division that will combine RS21's data science and AI capabilities with VMA's healthcare analytics expertise. VMA co-founders Angelica Bruhnke and Stefany Goradia will lead the Health Lab, and RS21 expects revenue and headcount growth as it expands healthcare analytics services for insurers, providers and government clients.