M&A Deal Summary

Markon Solutions Acquires ASEC

On July 8, 2024, Markon Solutions acquired engineering company ASEC

Acquisition Highlights
  • This is Markon Solutions’ 1st transaction in the Engineering sector.
  • This is Markon Solutions’ 2nd transaction in the United States.
  • This is Markon Solutions’ 2nd transaction in Virginia.

M&A Deal Summary

Date 2024-07-08
Target ASEC
Sector Engineering
Buyer(s) Markon Solutions
Deal Type Add-on Acquisition
Advisor(s) Stout Risius Ross LLC (Financial)
Morrison & Foerster
Foley & Lardner (Legal)

Target

ASEC

Herndon, Virginia, United States
ASEC provides U.S. Government customers with systems engineering, technical, and programming support services. ASEC was founded in 1992 and is based in Herndon, Virginia.

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Buyer(S) 1

Buyer

Markon Solutions

Falls Church, Virginia, United States

Category Company
Sector Business Services
DESCRIPTION

Markon Solutions is a professional services firm specializes in financial management, acquisition management, security consulting, enterprise technology management, training services, and facilities support. Markon Solutions is based in Falls Church, Virginia.


DEAL STATS #
Overall 2 of 2
Sector (Engineering) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (Virginia) 2 of 2
Country (United States) 2 of 2
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-12 Armatus Solutions

Herndon, Virginia, United States

Armatus Solutions LLC is a small government contracting firm that provides systems engineering, information technology professional services, and related support to the Intelligence Community. Armatus Solutions was founded in 2007 and is based in Herndon, Virginia.

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