Saalex Corporation Acquires Spalding Consulting
January 24, 2024
Saalex Corporation has acquired Lexington Park–based Spalding Consulting in a transaction valued at over $75 million. The acquisition adds Spalding's 430+ employees to Saalex, expands Saalex's annual revenues to over $175 million, establishes an East Coast presence near NAWCAD Patuxent River, and will have Spalding operate as a wholly owned subsidiary with existing leadership retained.
- Buyers
- Saalex Corporation
- Targets
- Spalding Consulting
- Industry
- IT Services
- Location
- Maryland, United States
- Transaction Type
- Buyout
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