MCP in the News: Booz Allen Was Not the Only Company Involved in this Week's M&A
This article originally appeared in Washington Technology.
Some of the week's other major transactions involve a change in ownership, divestiture in the works and acquisitions.
Booz Allen Hamilton was far from the only company in the government market to announce a significant transaction over this past week under the broad category of mergers and acquisitions.
One federal contractor is getting a new owner and leader, a second is spinning out a business unit and two other firms have completed acquisitions.
Here is a snapshot of the week’s other M&A activity outside of Booz Allen’s purchase of EverWatch.
Mission Critical Partners
For its latest acquisition focused on managed services, the secure IT and communication network operations firm is purchasing a cyber company focused on helping government and commercial entities manage their risk postures.
Mission Critical Partners sees its acquisition of Secure Halo as also bolstering the buyer’s ability to help federal agencies including the Defense Department reduce cyber vulnerabilities in networks and supply chains.
MCP did not disclose the terms of the transaction but said Secure Halo’s office in Washington, D.C. will become a central hub for cyber analysts, technicians and other personnel.
Secure Halo was founded in 2006 and holds a SAFETY Act designation from the Homeland Security Department regarding the company’s cybersecurity assessments. The company also touts being trained in DOD’s CMMC program to establish a unified cyber standard for businesses in the defense industrial base.
State College, Pennsylvania-headquartered MCP has acquired four other companies in the same number of previous years focused on justice, public safety, data integration and enterprise IT services.