DLH Holdings Corp. Acquires Grove Resource Solutions (GRSi)
December 8, 2022
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.
- Buyers
- DLH Holdings Corp. (DLH)
- Targets
- Grove Resource Solutions, Inc. (GRSi)
- Industry
- IT Services
- Location
- Maryland, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
SES/SES Government Solutions Acquires DRS Global Enterprise Solutions from Leonardo DRS for $450M
August 1, 2022
Telecommunications
SES, via its wholly-owned subsidiary SES Government Solutions (SES GS), completed the $450 million acquisition of DRS Global Enterprise Solutions (DRS GES) from Leonardo DRS. The deal combines DRS GES with SES GS to create a scaled multi-orbit satellite communications solutions provider focused on expanding US Government business, unlocking about $25 million of annualized synergies and broadening SES's government-focused capabilities.
-
NV5 Acquires Global Realty Services Group
December 23, 2021
Engineering Services
NV5 Global, Inc. acquired Global Realty Services Group LLC (GRS) in an all-cash transaction to expand NV5's real estate transaction services and bolster its market position in real estate due diligence. The acquisition adds GRS's property condition, environmental assessment, and zoning capabilities and approximately 154 full-time equivalent personnel, and is expected to be immediately accretive to NV5's earnings.
-
RLDatix Acquires Galen Healthcare Solutions
July 26, 2022
Healthcare Services
RLDatix, a PE-backed provider of governance, risk and compliance (GRC) and workforce management solutions for healthcare, has acquired Galen Healthcare Solutions, a KLAS-ranked provider of HIT implementation, optimization, data migration and archival services. The acquisition expands RLDatix's capabilities in data retention, legacy data access and clinical data continuity to better support healthcare organizations' regulatory and operational needs.
-
H.I.G. Capital Affiliate Acquires DGS S.p.A.
September 11, 2020
IT Services
An affiliate of H.I.G. Capital (via H.I.G. Europe) has acquired a controlling stake in DGS S.p.A., an Italian IT systems integrator and cybersecurity specialist based in Rome. The investment will support DGS’s next phase of development — pursuing organic growth and targeted acquisitions while founders Vincenzo Fiengo and Salvatore Frosina reinvest and remain in management.
-
CPSI Acquires Healthcare Resource Group (HRG)
March 1, 2022
Healthcare Services
CPSI (NASDAQ: CPSI) has acquired Healthcare Resource Group, Inc. (HRG), a Spokane-based provider of revenue cycle management (RCM) solutions and consulting services. The deal expands CPSI/TruBridge's RCM capabilities, adds approximately 400 employees and 77 customers (primarily mid-to-large hospitals), and is expected to drive recurring revenue and margin synergies.
-
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.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.