M&A Deal Summary

Sev1Tech Acquires Geocent

On October 26, 2021, Sev1Tech acquired information technology company Geocent

Acquisition Highlights
  • This is Sev1Tech’s 1st transaction in the Information Technology sector.
  • This is Sev1Tech’s 2nd transaction in the United States.
  • This is Sev1Tech’s 1st transaction in Louisiana.

M&A Deal Summary
Date 2021-10-26
Target Geocent
Sector Information Technology
Buyer(s) Sev1Tech
Deal Type Add-on Acquisition

Target

Geocent

Metairie, Louisiana, United States
website
Geocent serves the U.S. federal government through its strong reputation as an innovator in DevSecOps and engineering services, supporting critical missions across agencies. Geocent was founded in 1992 and is based in Metairie, Louisiana.

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Buyer(S) 1

Buyer

Sev1Tech

Woodbridge, Virginia, United States

website

Category Company
Founded 2010
Sector Information Technology
DESCRIPTION

Sev1Tech is a provider of information technology, cybersecurity, cloud, and program management services and solutions to U.S. government agencies and major commercial organizations. Sev1Tech was founded in 2010 and is based in Woodbridge, Virginia.

DEAL STATS #
Overall 2 of 2
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (Louisiana) 1 of 1
Country (United States) 2 of 2
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-09-04 Engineering Solutions & Products

Chantilly, Virginia, United States

Engineering Solutions & Products (ESP) is a provider of acquisition, logistics and technology support services to the U.S. Department of Defense, particularly in the Command, Control, Communications, Computers, Intelligence, Surveillance and Reconnaissance ("C4ISR") area. Founded in 2000, the company has enjoyed steady growth and strong financial performance driven by high success rates on bids for new opportunities and recompetes. ESP employs over 1,200 engineers, technicians, and consultants with experience in IT services, military acquisition, logistics, and program management; nearly all ESP employees have security clearances.

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