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  6. AppsTech Acquires Apprio

M&A Deal Summary

AppsTech Acquires Apprio

On May 30, 2001, AppsTech acquired information technology company Apprio

Acquisition Highlights
  • This is AppsTech’s 1st transaction in the Information Technology sector.
  • This is AppsTech’s 1st transaction in the United States.
  • This is AppsTech’s 1st transaction in District of Columbia.
Investment Fate
  • Apprio was sold to a financial buyer in 2024.

M&A Deal Summary
Date 2001-05-30
Target Apprio
Sector Information Technology
Buyer(s) AppsTech
Deal Type Add-on Acquisition

Target

Apprio

Washington, District of Columbia, United States
Apprio is a provider of specialized technology solutions, particularly for the Health, Defense and Homeland Security markets. The company combines the methodologies, discipline and thought-leadership provided by the large integrators with the cost structure and collaboration offered by smaller firms. Apprio was founded in 1998 and is based in Washington DC.

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Buyer(S) 1

Buyer

AppsTech

Bethesda, Maryland, United States
Category Company
Founded 1999
Sector Information Technology
DESCRIPTION

AppsTech, Inc. is a provider in information technology (IT) consulting for multinational corporations and governments.

DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: District of Columbia M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2001 M&A 1 of 1
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