M&A Deal Summary

SRA International Acquires Platinum Solutions

On October 11, 2010, SRA International acquired software company Platinum Solutions for 90M USD

Acquisition Highlights
  • This is SRA International’s 1st transaction in the Software sector.
  • This is SRA International’s largest (disclosed) transaction.
  • This is SRA International’s 4th transaction in the United States.
  • This is SRA International’s 2nd transaction in Virginia.

M&A Deal Summary

Date 2010-10-11
Target Platinum Solutions
Sector Software
Buyer(s) SRA International
Deal Type Add-on Acquisition
Deal Value 90M USD
Advisor(s) Stifel, Nicolaus & Co., Inc. (Financial)

Target

Platinum Solutions

Reston, Virginia, United States
Platinum Solutions, Inc. is an integrator and software developer. Platinum Solutions specializes in developing customized software applications and providing data management solutions for customers in the national security and civil government arena.

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Buyer(S) 1

Buyer

SRA International

Fairfax, Virginia, United States

Category Company
Founded 1976
Sector Information Technology
Employees5,200
DESCRIPTION

SRA International is a provider of technology and strategic consulting solutions to government organizations. SRA International was formed in 1976 and is based in Fairfax, Virginia.


DEAL STATS #
Overall 4 of 5
Sector (Software) 1 of 1
Type (Add-on Acquisition) 4 of 4
State (Virginia) 2 of 2
Country (United States) 4 of 5
Year (2010) 2 of 2
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-09-20 SRA s Airport Operations Solutions group.

United States

SRA's Airport Operations Solutions (AOS) group, a provider of airport solutions in North America since 1974. Today more than 50 major airports enjoy the operational benefits of AOS's secure centrally managed web-based airport operation management platform.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-10-06 SRA Global Clinical Development

Durham, North Carolina, United States

SRA Global Clinical Development LLC operates as a research organisation.

Sell -