Acquisitions in Virginia in 2016

Surveying and Mapping, LLC (SAM), a geospatial solutions firm headquartered in Austin, Texas, acquired So-Deep, Inc., a subsurface utility engineering (SUE) firm based in Manassas, Virginia. The acquisition expands SAM's service capabilities in SUE and provides immediate geographic entry into the Mid-Atlantic and Southeast markets.

GE Digital acquired Meridium, Inc., a global provider of asset performance management (APM) software and services, in a deal that completed in September 2016. The acquisition (inclusive of GE’s prior 26% stake) was executed at an enterprise value of $495 million to integrate Meridium’s APM capabilities into GE’s Predix platform and accelerate GE Digital’s industrial analytics and reliability offerings.

Baltimore-based Orlando Products, Inc. has acquired Absolute Packaging, LLC, a Springfield, Virginia packaging manufacturer. The acquisition adds manufacturing capacity and expands Orlando Products' presence in the Northern Virginia market; Craig Butler, owner of Absolute Packaging, will join the Orlando Products team.