Acquisitions / Federal government

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.

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