Octo (backed by Arlington Capital) Combines with Sevatec

IBM to Acquire Octo

December 7, 2022

IT Services

IBM announced an agreement to acquire Octo, a Reston, Virginia-based IT modernization and digital transformation services provider serving the U.S. federal government. The deal, in which Arlington Capital Partners is selling Octo, will bring roughly 1,500 Octo employees into IBM Consulting's U.S. public and federal market organization to expand IBM's federal capabilities.

Octo Acquires B3 Group

January 5, 2022

IT Services

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.

Octo Acquires Volant Associates

July 13, 2021

IT Services

Octo, a Reston, Virginia-based IT modernization firm serving the U.S. federal government, has acquired Volant Associates, a Chantilly, Virginia technology integrator and software development company focused on Defense ISR and Intelligence Community missions. The acquisition adds more than 85 highly cleared technical employees and integrates Volant's leadership as a new division within Octo's IC and Air Force Business Unit to expand Octo's capabilities and customer reach across DoD and intelligence customers.

Accenture Federal Services Acquires Novetta from The Carlyle Group

June 1, 2021

AI & Machine Learning

Accenture Federal Services (AFS), a wholly owned subsidiary of Accenture, has agreed to acquire Novetta, an advanced analytics and cyber engineering firm serving U.S. defense, intelligence, and law enforcement customers. The deal — being sold by The Carlyle Group — brings Novetta's ~1,300 employees and machine learning, cyber, and cloud capabilities into AFS to expand its national security analytics and digital offerings.

Arlington Capital Partners Recapitalizes Octo Consulting Group

April 4, 2019

IT Services

Arlington Capital Partners acquired a majority interest in Octo Consulting Group in a recapitalization that leaves founder Mehul Sanghani and the senior management team as significant shareholders. The investment will provide capital for organic growth, strategic acquisitions, and capability expansion as Octo — a Reston, Virginia-based government IT services firm — scales its Agile, cloud, and software development offerings for federal agencies.

DFW Capital Partners Acquires Controlling Stake in Sev1Tech

March 13, 2019

IT Services

DFW Capital Partners has acquired a controlling equity stake in Sev1Tech, a Woodbridge, Virginia-based provider of enterprise IT and program management support services. The investment will fund Sev1Tech’s organic growth and acquisitions, while the existing management team remains in place to support a transition to mid‑market platform scale and expanded capabilities for government and commercial customers.