Add-on Acquisition • Information Technology

Cognosante Acquires Business Information Technology Solutions

On October 27, 2016, Cognosante acquired information technology company Business Information Technology Solutions

Acquisition Context

This is Cognosante’s 1st transaction in the Information Technology sector.
This is Cognosante’s 1st transaction in the United States.
This is Cognosante’s 1st transaction in Virginia.

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M&A Deal Summary
Date	October 27, 2016
Target	Business Information Technology Solutions
Sector	Information Technology
Buyer(s)	Cognosante
Deal Type	Add-on Acquisition

Target Company

Business Information Technology Solutions

Falls Church, Virginia, United States

Business Information Technology Solutions is a provider of lifecycle IT consulting and support services to the public sector. BITS is a service-disabled Veteran-owned small business (SDVOSB) with an unwavering focus on those who have served and are currently serving.

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Buyer Overview 1

Buyer

Cognosante

Falls Church, Virginia, United States

Category	Company
Founded	1987
Sector	Information Technology

DESCRIPTION

Cognosante is a provider of technology solutions, business process outsourcing, and consulting services to Federal, state, and local government healthcare agencies. Cognosante is based in Falls Church, Virginia.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Information Technology	1 of 1
Type: Add-on Acquisition	1 of 1
State: Virginia	1 of 1
Country: United States	1 of 1
Year: 2016	1 of 1

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