Startups

Booz Allen Hamilton’s acquisition of Laurel-based Aquilent is a done deal

Around 30 Aquilent employees won't be making the move in the $250 million deal.

Another trophy on Booz's mantlepiece. (Photo by Flickr user Alex Dunne, used under a Creative Commons license)

It looked like Booz Allen Hamilton’s acquisition of Laurel-based Aquilent wouldn’t be wrapped up until spring. But it didn’t even end up taking until the end of January.
The $250 million deal closed on Tuesday, marking Aquilent’s absorption into the Virginia-based contracting giant.


With the acquisition, Aquilent’s Laurel offices become a hub for digital solutions.
Aquilent, which builds web and digital tools for the federal government, enters the new era with fewer employees than initially thought. The firm’s employee count was initially listed at 350, but the closing announcement said it the headcount is at about 310.
Prior to the close, Tysons Corner, Va.-based Octo Consulting Group acquired Aquilent’s deal with the Department of the Navy to operate a platform for seeking contractors. Booz Allen said the move was made to resolve potential conflict of interest concerns. But the move also included the loss of about 30 staffers.

Engagement

Join our growing Slack community

Join 5,000 tech professionals and entrepreneurs in our community Slack today!

Donate to the Journalism Fund

Your support powers our independent journalism. Unlike most business-media outlets, we don’t have a paywall. Instead, we count on your personal and organizational contributions.

Trending

Maryland firms score $5M to manufacture everything from soup to nanofiber

National AI safety group and CHIPS for America at risk with latest Trump administration firings

How women can succeed in male-dominated trades like robotics, according to one worker who’s done it

Geomapping goes splat: The evolving future of Google Earth

Technically Media