M&A Deal Summary

VTG Acquires Clear Cloud

On June 10, 2024, VTG acquired information technology company Clear Cloud

Acquisition Highlights
  • This is VTG’s 3rd transaction in the Information Technology sector.
  • This is VTG’s 3rd transaction in the United States.
  • This is VTG’s 2nd transaction in Virginia.

M&A Deal Summary
Date 2024-06-10
Target Clear Cloud
Sector Information Technology
Buyer(s) VTG
Deal Type Add-on Acquisition

Target

Clear Cloud

Reston, Virginia, United States
Clear Cloud is a cloud engineering company that offers deep commitments to excellence, craftsmanship, and community. The Company provides innovative, secure, and scalable cloud solutions for enterprise-level and mission-critical national security programs. Clear Cloud was formed in 2018 and is headquartered in Reston, Virginia.

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Buyer(S) 1

Buyer

VTG

Chantilly, Virginia, United States
Category Company
Sector Information Technology
DESCRIPTION

VTG is a provider of modernization and digital transformation solutions for naval, aerospace, network, and digital requirements. VTG is based in Chantilly, Virginia.

DEAL STATS #
Overall 3 of 3
Sector (Information Technology) 3 of 3
Type (Add-on Acquisition) 3 of 3
State (Virginia) 2 of 2
Country (United States) 3 of 3
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-15 Next Rev

Upper Marlboro, Maryland, United States

Next Rev is a trailblazer in cloud solutions and multi-cloud strategies for the U.S. Intelligence Community. It solves difficult problems, serves as a leader in niche technology arenas, and delivers quality solutions for customers in the government and commercial marketplaces. Next Rev was formed in 2017 and is based in Upper Marlboro, Maryland.

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