M&A Deal Summary

Planned Systems International Acquires ProSphere

On July 22, 2021, Planned Systems International acquired information technology company ProSphere

Acquisition Highlights
  • This is Planned Systems International’s 1st transaction in the Information Technology sector.
  • This is Planned Systems International’s 2nd transaction in the United States.
  • This is Planned Systems International’s 2nd transaction in Virginia.

M&A Deal Summary

Date 2021-07-22
Target ProSphere
Sector Information Technology
Buyer(s) Planned Systems International
Deal Type Add-on Acquisition

Target

ProSphere

Alexandria, Virginia, United States
ProSphere is a mid-tier technology integrator that delivers digital modernization services and technical solutions. ProSphere was appraised at CMMI Level 3 for Services and Development and holds ISO 9001:2015, 20000-1:2011, and 27001:2013 certifications. ProSphere is a prime contractor on a variety of contract vehicles, including Department of Veterans Affairs Transformation Twenty-One Total Technology-Next Generation, GSA Schedule IT-70, GSA Professional Services Schedule, NIH CIO-SP3, and Army RS3. ProSphere was founded in 2006 and is based in Alexandria, Virginia.

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Buyer(S) 1

Buyer

Planned Systems International

Columbia, Maryland, United States

Category Company
Founded 1988
Sector Information Technology
DESCRIPTION

Planned Systems International, Inc. is an enterprise IT solutions and management consulting services provider specializing in Healthcare & Healthcare IT, Cyber Security & Intelligent Information Sharing, and Advisory & Assistance Services.


DEAL STATS #
Overall 2 of 2
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: Virginia M&A 2 of 2
Country: United States M&A 2 of 2
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-10 QuarterLine

Herndon, Virginia, United States

QuarterLine LLC is a healthcare services company delivering expertise in a wide range of clinical solutions and insights, behavioral health solutions, virtual care, and telemedicine solutions, and enterprise technology services to public and private-sector customers. QuarterLine was founded in 2009 and is based in Herndon, Virginia.

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