M&A Deal Summary

SCB Computer Technology Acquires Remtech Services

On February 5, 2003, SCB Computer Technology acquired information technology company Remtech Services

Acquisition Highlights
  • This is SCB Computer Technology’s 1st transaction in the Information Technology sector.
  • This is SCB Computer Technology’s 1st transaction in the United States.
  • This is SCB Computer Technology’s 1st transaction in Virginia.

M&A Deal Summary

Date 2003-02-05
Target Remtech Services
Sector Information Technology
Buyer(s) SCB Computer Technology
Deal Type Add-on Acquisition
Advisor(s) Aronson Capital Partners (Financial)

Target

Remtech Services

Newport News, Virginia, United States
Remtech Services, Inc. provides information management/information technology services to the federal government.

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Buyer(S) 1

Buyer

SCB Computer Technology

Memphis, Tennessee, United States

Category Company
Founded 1976
Sector Information Technology
Employees1,150
DESCRIPTION

SCB Computer Technology, Inc. provides Information Technology (IT) management and technical services to the U.S. federal government state and local government agencies, as well as commercial enterprises.


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: 2003 M&A 1 of 1