Government & Public Sector Acquisitions in United States

Gallant Capital Partners closed its acquisition of Navient Corporation’s Government Services business, known as NGS. NGS provides tech-enabled outsourced business processing for U.S. federal, state, and local government clients, including tolling and parking technology/services, call center support, revenue recovery, program management, and payment processing.

Booz Allen Hamilton has acquired PAR Government Systems Corporation (PGSC), a wholly owned subsidiary of PAR Technology Corporation. The deal adds PGSC’s edge communications, imagery, and mobile situational awareness capabilities and cleared technical workforce to Booz Allen’s defense technology offerings, strengthening support for Department of Defense and other government missions.

Systems Planning & Analysis (SPA), a portfolio company of Arlington Capital Partners, acquired ManTech’s technical advisory services programs supporting DARPA, the Office of the Secretary of Defense Strategic Capabilities Office (OSD SCO), and select National Reconnaissance Office (NRO) work. The acquired programs and teams (including over 180 subject matter experts) will be integrated into SPA’s JOID and S&ID divisions to expand SPA’s Department of Defense and Intelligence Community advisory capabilities. Financial terms were not disclosed.

Crimson Phoenix, an intelligence solutions platform backed by Godspeed Capital, acquired Cyberspace Solutions LLC (CSS). The acquisition adds prime contracts and customer relationships with U.S. Special Operations Command and the Defense Intelligence Agency, and Scott Crane was appointed as Crimson Phoenix’s platform CFO in connection with the deal.

Thomas Scientific completed the acquisition of Arrowhead Forensics, a Lenexa, Kansas-based provider of forensics products for law enforcement and related agencies. The deal, finalized on October 5, 2023, expands Thomas Scientific’s Midwest distribution and kitting capabilities and broadens its portfolio into the forensics market. Arrowhead Forensics will continue to operate independently under the Thomas Scientific umbrella.

ClearGov, a cloud-based government budgeting software company, acquired the CityGrows platform. The deal expands ClearGov into the permitting and licensing market, adding CityGrows’ workflow-based software to help local governments modernize permitting and other form-driven processes.

DC Capital Partners Management, LP made a controlling investment in Valkyrie Enterprises, LLC. As part of the transaction, Hill Technical Solutions, LLC (an existing DC Capital portfolio company) will be merged with Valkyrie to create a combined engineering and technology services provider supporting U.S. defense and government missions.

Springbrook Software, a cloud-based ERP provider for local government agencies, has acquired PUBLIQ Software of South Carolina. The combination expands Springbrook’s national footprint and adds advanced, integrated property tax management capabilities to Springbrook’s Cirrus cloud platform.

Juvare acquired Nusura, LLC, a homeland security and emergency management consulting and technology company. The deal expands Juvare’s capabilities and platform serving national defense and federal emergency management organizations, adding Nusura’s expertise and solutions such as SimulationDeck to Juvare’s incident management software portfolio.

NEOGOV announced the acquisition of PlanIt Schedule, Agency360, and CueHit to expand its public safety workforce technology offering. The acquired products will be integrated as part of NEOGOV's PowerDMS platform to support recruiting, scheduling, training/compliance, and community engagement for first responders. Financial terms were not disclosed.

Arlington Capital Partners signed a definitive agreement for an affiliate to acquire Systems Planning & Analysis, Inc. (SPA) from CM Equity Partners and SPA Management, subject to customary closing conditions and regulatory approvals. After closing, Arlington’s existing portfolio company MCR, LLC will be combined with SPA, with SPA CEO Dr. William Vantine leading the combined organization. The combined firm will provide specialized advisory and technical solutions to government and defense customers primarily in the United States and Australia.

Brightstar Capital Partners acquired a majority stake in Engineering Research and Consulting, Inc. (ERC) in partnership with the company’s owner and senior management team. ERC, headquartered in Huntsville, Alabama, provides mission-critical engineering and consulting services to U.S. government agencies including the Department of Defense and NASA. Terms of the private transaction were not disclosed.

H.I.G. Capital announced the sale of its portfolio company Whitney, Bradley & Brown, Inc. (WBB) to Serco Inc. for $295 million. WBB provides program management, engineering, and analytical support services for U.S. Department of Defense and other federal agencies and is headquartered in Reston, Virginia.

White Wolf Capital completed a recapitalization of JS Global, partnering with the company’s leadership as it enters its next phase of growth. As part of the transaction, JS Global management will remain a significant minority investor, with White Wolf providing additional capital and resources to support organic growth and future M&A.

Granicus announced a joint investment from Harvest Partners alongside Vista Equity Partners and existing investor K1 Investment Management. The investment is intended to support Granicus’ continued growth and expansion of its cloud-based Civic Engagement Platform for digital transformation across government agencies.

Amentum announced it has closed its acquisition of DynCorp International, a provider of aviation, logistics, training, intelligence, and operational solutions supporting government customers globally. The transaction expands Amentum’s scale and capabilities, creating one of the largest providers of mission-critical support services to government customers. Financial terms were not disclosed.

CCP Capital Strategies acquired Executive Information Systems (EIS), a government-focused sales and marketing support and channel partner business for software providers and manufacturing partners. Five Points Capital supported the transaction by providing unitranche debt financing and an equity co-investment.

Arlington Capital Partners, in partnership with the existing management team, completed the acquisition of J&J Worldwide Services, Inc. Headquartered in Austin, Texas, J&J provides mission-essential preventative maintenance and facility services to critical United States Federal Government sites across healthcare, mission support, and engineering solutions. The Voudouris family legacy is referenced as being built upon, and J&J’s management made substantial investments as part of the transaction and will continue to lead the company.

Intrepid Solutions and Services, LLC completed the acquisition of a business unit of Delta Solutions and Strategies, LLC, including assets such as the GSA OASIS Pool 4 contract vehicle (with novation completed May 2, 2020). The deal marks Intrepid’s second acquisition since receiving an investment from Bluestone Investment Partners less than a year earlier.

Whitney, Bradley & Brown, Inc. (WBB), a portfolio company of H.I.G. Capital, acquired Decisive Analytics Corporation (DAC). DAC, headquartered in Arlington, Virginia, provides advanced engineering and analytical support to the U.S. Department of Defense and U.S. Intelligence Community, expanding WBB’s mission-critical services platform.

Granicus announced it will purchase the assets and operations of Accela's Legislative Management business, previously known as IQM2, which provides public sector meeting and legislative management software. The deal transfers the unit’s operations, assets, and customer contracts to Granicus, expanding its cloud-based technology offerings for government agencies and civic organizations.