M&A Deal Summary

ASRC Federal Holding Acquires SAIC - Logistics and Supply Chain Management Arm

On March 23, 2023, ASRC Federal Holding acquired transportation company SAIC - Logistics and Supply Chain Management Arm from Science Applications International for 350M USD

Acquisition Highlights
  • This is ASRC Federal Holding’s 1st transaction in the Transportation sector.
  • This is ASRC Federal Holding’s largest (disclosed) transaction.
  • This is ASRC Federal Holding’s 5th transaction in the United States.
  • This is ASRC Federal Holding’s 4th transaction in Virginia.

M&A Deal Summary

Date 2023-03-23
Target SAIC - Logistics and Supply Chain Management Arm
Sector Transportation
Buyer(s) ASRC Federal Holding
Sellers(s) Science Applications International
Deal Type Divestiture
Deal Value 350M USD

Target

SAIC - Logistics and Supply Chain Management Arm

Reston, Virginia, United States
SAIC's Logistics and Supply Chain Management Arm provides procurement, logistics and warehousing services at military locations throughout the United States. AIC's Logistics and Supply Chain Management Arm is based in Reston, Virginia.

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Buyer(S) 1

Buyer

ASRC Federal Holding

Beltsville, Maryland, United States

website


Category Company
Founded 2003
Sector Business Services
DESCRIPTION

ASRC Federal Holding Co. deliver engineering, information technology, infrastructure support, professional and technical services and solutions to U.S. civil, intelligence and defense agencies. ASRC Federal focus on providing reliable, cost-efficient services that help government customers achieve mission success.


DEAL STATS #
Overall 5 of 6
Sector (Transportation) 1 of 1
Type (Divestiture) 1 of 1
State (Virginia) 4 of 5
Country (United States) 5 of 6
Year (2023) 1 of 2
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-18 Vistronix Intelligence & Technology Solutions

Reston, Virginia, United States

Vistronix Intelligence & Technology Solutions LLC is a provider of IT services and solutions, including software application development, geospatial intelligence systems, systems engineering, information management, IT services management, and command and control center operations to the federal government. Vistronix Intelligence & Technology Solutions LLC was founded in 1990 and is based in Reston, Virginia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-04-24 Broadleaf

Manassas, Virginia, United States

Broadleaf is a provider of an information technology services including cybersecurity, network engineering and cloud migration, as well as professional services including training and program management. Broadleaf was founded in 2009 and is based in Manassas, Virginia.

Buy -

Seller(S) 1

SELLER

Science Applications International

Reston, Virginia, United States

website


Category Company
Founded 1969
Sector Information Technology
Employees26,000
Revenue 7.4B USD (2022)
DESCRIPTION
SAIC office in Tysons Corner, Virginia.
SAIC office in Tysons Corner, Virginia.

SSAIC is a scientific, engineering, and technology applications company that uses its domain knowledge to solve problems in national security, energy and the environment, critical infrastructure, and health. Science Applications International was founded in 1969 and is based in Reston, Virginia.


DEAL STATS #
Overall 3 of 3
Sector (Transportation) 1 of 1
Type (Divestiture) 3 of 3
State (Virginia) 2 of 2
Country (United States) 3 of 3
Year (2023) 1 of 1
Size (of disclosed) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-03-06 Morpheus Data

Greenwood Village, Colorado, United States

Morpheus Data is a provider of cloud automation and platform engineering solutions to enterprises, agencies, and service providers that grow revenue. The Morpheus software platform gives developers and product teams a customizable self-service application provisioning catalog spanning dozens of on-premises hypervisors, public clouds, and automation tools. Morpheus Data is based in Greenwood Village, Colorado.

Buy -