M&A Deal Summary

NexTech Solutions Acquires Rome Research

On June 10, 2024, NexTech Solutions acquired communications company Rome Research from PAR Technology

Acquisition Highlights
  • This is NexTech Solutions’ 1st transaction in the Communications sector.
  • This is NexTech Solutions’ 1st transaction in the United States.
  • This is NexTech Solutions’ 1st transaction in New York.

M&A Deal Summary
Date 2024-06-10
Target Rome Research
Sector Communications
Buyer(s) NexTech Solutions
Sellers(s) PAR Technology
Deal Type Divestiture

Target

Rome Research

Rome, New York, United States
Rome Research is a Technical Services supplier to the US Air Force. Rome Research’s initial contracts supported antenna and RF testing. RRC has transitioned expertise into a premier technical services company providing worldwide on-site support to the US Department of Defense in the areas of strategic communications, satellite control and information systems. Rome Research is based in Rome, New York.

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Buyer(S) 1

Buyer

NexTech Solutions

Tampa, Florida, United States
Category Company
Founded 2013
Sector Information Technology
DESCRIPTION

NexTech Solutions provides integrated systems engineering, testing and evaluation, and operational support using hardware, software and subject matter experts to support U.S. DoD missions. NexTech Solutions is focused on developing cutting-edge technology, products, and mission support solutions for the warfighter. NexTech Solutions was founded in 2013 and is based in Tampa, Florida.

DEAL STATS #
Overall 1 of 2
Sector (Communications) 1 of 1
Type (Divestiture) 1 of 1
State (New York) 1 of 1
Country (United States) 1 of 2
Year (2024) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-09-03 Nomad Solutions

Gainesville, Virginia, United States

Nomad Solutions is an IT company specializing in government data and communication services. Nomad Solutions was formed in 2006 and is headquartered in Gainesville, Virginia.

Buy -

Seller(S) 1

SELLER

PAR Technology

New Hartford, New York, United States
Category Company
Founded 1968
Sector Software
Employees1,800
Revenue 416M USD (2023)
DESCRIPTION

PAR Technology is a provider of software technology services to restaurant and retail industry. PAR Technology was founded in 1968 and is based in New Hartford, New York.

DEAL STATS #
Overall 5 of 5
Sector (Communications) 1 of 1
Type (Divestiture) 4 of 4
State (New York) 3 of 3
Country (United States) 5 of 5
Year (2024) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-06-10 PAR Government Systems

Rome, New York, United States

PAR Government Systems delivers differentiated services and solutions in strategic mission areas, including the provision of real-time communications and mobile situational awareness to maintain battlespace dominance. The company's Integrated Tactical Solutions (ITS), Innovative and Commercial Solutions (ICS), and Intelligence and Readiness Operations (IRO) businesses have long-standing track records of innovation and development of technology-driven solutions for a range of government customers. PAR Government Systems was formed in 1985 and is based in Rome, New York.

Sell -
Mergr

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