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M&A Deal Summary

Cognosante Acquires Business Information Technology Solutions

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

Acquisition Highlights
  • 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.

M&A Deal Summary
Date 2016-10-27
Target Business Information Technology Solutions
Sector Information Technology
Buyer(s) Cognosante
Deal Type Add-on Acquisition

Target

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(S) 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 STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Virginia M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2016 M&A 1 of 1
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