M&A Deal Summary

DXC Technology Acquires Tenacity Solutions

On July 31, 2014, DXC Technology acquired internet software and services company Tenacity Solutions

Acquisition Highlights
  • This is DXC Technology’s 5th transaction in the Internet Software and Services sector.
  • This is DXC Technology’s 19th transaction in the United States.
  • This is DXC Technology’s 3rd transaction in Vermont.
Investment Fate
  • Tenacity Solutions was divested to a consortium of strategic buyers in 2018.

M&A Deal Summary

Date 2014-07-31
Target Tenacity Solutions
Sector Internet Software and Services
Buyer(s) DXC Technology
Deal Type Add-on Acquisition
Advisor(s) BB&T Capital Markets (Financial)

Target

Tenacity Solutions

Reston, Vermont, United States
Tenacity Solutions, Inc. is a provider of high-end, cyber security, software development, and enterprise-level systems engineering services to the Intelligence Community. Founded in 2003 and headquartered in Reston, Virginia, Tenacity is highly regarded as a trusted provider of cutting-edge services supporting mission-critical national security initiatives. Tenacity Solutions was founded in 2003 and is based in Reston, Vermont.

Search 214,876 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

DXC Technology

Ashburn, Virginia, United States

Category Company
Founded 1959
Sector Information Technology
Employees130,000
Revenue 13.7B USD (2024)
DESCRIPTION

DXC Technology is an end-to-end IT services company, serving nearly 6,000 private and public sector clients from a diverse array of industries across 70 countries. The company's technology independence, global talent and extensive partner network help clients harness the power of innovation to thrive on change and guide their digital transformation journeys. DXC Technology was founded in 1959 and is based in Ashburn, Virginia.


DEAL STATS #
Overall 22 of 44
Sector: Internet Software and Services M&A 5 of 8
Type: Add-on Acquisition M&A Deals 20 of 41
State: Vermont M&A 3 of 3
Country: United States M&A 19 of 25
Year: 2014 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-10-30 ServiceMesh

Santa Monica, California, United States

ServiceMesh, Inc. is an enterprise cloud management company.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-02-19 Autonomic Resources

Cary, North Carolina, United States

Autonomic Resources LLC is a cloud computing infrastructure provider.

Buy -