M&A Moves: Bethesda-based HelioCampus acquired ABC Insights - Technical.ly DC

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Sep. 24, 2020 4:30 pm

M&A Moves: Bethesda-based HelioCampus acquired ABC Insights

Our latest mergers and acquisitions roundup also includes deals from CloudBolt Software, CACI International, 3Pillar Global and Industry Dive.
Big merger news in the  tech space.

Big merger news in the tech space.

(Photo by Tajha Chappellet-Lanier)

M&A Moves is a Technical.ly column where we highlight D.C.-area companies completing mergers and making acquisitions to scale their businesses. Have a submission? Email us at dc@technical.ly and tell us why it belongs in the roundup.


HelioCampus acquired North Carolina-based ABC Insights

Bethesda, Maryland-based higher education analytics company HelioCampus said on September 15 that it acquired North Carolina-based ABC Insights for an undisclosed amount.

ABC Insights is a higher education benchmarking consortium that provides its members with analytics to help them direct and shape financial decisionmaking. This acquisition allows HelioCampus to expand its capabilities and offerings to “help higher education improve institutional health across academic and administrative functions with benchmarking, data analytics and decision support.”

HelioCampus’ headquarters will remain in Bethesda while the company plans to expand its footprint in Chapel Hill, North Carolina. HelioCampus CEO Darren Catalano will continue to lead the combined company while ABC Insights’ cofounders take on new leadership roles. Steven Beisser will serve as the company’s VP of operations, Paul Friga as VP of strategy and Joe Rice as VP of technology.

“By joining the HelioCampus family, we are able to dramatically increase the ways we support universities today through the combination of our complementary services and tomorrow as we work together to develop additional offerings,” Beisser said in a statement.

CloudBolt Software is set to acquire Australia-based Kumolus

North Bethesda, Maryland-based Cloudbolt Software has entered an agreement to acquire Australia-based Kumolus, curator of a SaaS-based cloud management platform that gives organizations access to cloud services to deliver IT agility.

“The Kumolus team has worked exceptionally hard over the past few years to bring a leading SaaS-based cloud management platform to market, achieve AWS technical competency, and we’re thrilled that CloudBolt has recognized our leadership,” Kumolus cofounder and CTO Michael Salleo said in a press release.

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This deal comes a few months after Cloudbolt acquired Georgia-based SovLabs, provider of codeless integration and automation technologies for hybrid cloud frameworks.

CACI International acquired Ascent Vision Technologies

Arlington, Virginia-based government contractor CACI International acquired Ascent Vision Technologies (AVT), a Montana-based military contractor focused on building tech and solutions for unmanned aircraft systems and air defense. The financial terms of the deal were not disclosed but AVT’s entire team will join CACI.

3Pillar Global acquired Costa Rica-based Isthmus Software

Fairfax, Virginia-based software development company 3Pillar Global has acquired Costa Rica-based digital services company Isthmus Software for an undisclosed amount. This acquisition comes after 3Pillar launched a strategic partnership with New York-based private equity firm CIP Capital to enter a new growth phase and pursue some merger and acquisition deals.

“The acquisition of Isthmus brings expanded engineering excellence and development expertise to the 3Pillar team, but more, their leadership and team members share our strong core set of values and our focus on innovative digital transformation,” said 3Pillar CEO David DeWolf in a statement. “With this acquisition, we now have more than 200 outstanding new team members and have expanded our ability to drive successful product outcomes for our clients.”

The companies will merge into one under the 3Pillar brand.

Industry Dive is acquiring a part of NewCred

Downtown D.C.-based business journalism company Industry Dive is set to acquire New York-based NewsCred’s content marketing studio and services businesses. This is the company’s first big acquisition. It is adding 40 professionals to its 175-person team, and expanding its footprint to New York and London. Jane Qin Medeiros, NewsCred’s former SVP of global customer success and Industry Dive’s new head of content marketing services, will lead the team of 40 employees joining Industry Dive from NewsCred as a standalone business unit within Industry Dive.

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