Octo Acquires B3 Group
January 5, 2022
Octo, a Reston-based IT modernization firm, acquired Herndon-based B3 Group to expand its federal health footprint and augment its low-code/no-code, data, and cloud modernization capabilities. The deal brings B3's ~350 employees, marquee VA programs (including the $686M Digital Transformation Center contract), and digital transformation lab into Octo's offerings to better serve VA, HHS, DHA and other federal customers.
- Buyers
- Octo
- Targets
- B3 Group, Inc.
- Industry
- IT Services
- Location
- Virginia, United States
- Transaction Type
- Buyout
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