M&A Moves: CACI International closed 3 acquisitions last month

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

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CACI International announced three acquisitions in October.

Arlington, Virginia-based CACI International announced that it has acquired Maryland-based Next Century, New Mexico-based Linndustries Shielding Specialties and U.K.-based Deep3. CACI reported that it spent approximately $105 million on all three deals combined. The multinational professional services and IT company also said in a report that these companies are expected to to add about $50 million of revenue and $3 million of net income for the remainder of its fiscal year.

Next Century develops advanced geospatial mapping, predictive analytics, data fusion and machine learning tools for defense customers. Linndustries offers hardened systems to provide protection from electromagnetic interference.

The Deep3 acquisition was part of CACI’s already established U.K. operations and will support the U.K.’s national security and defense efforts. Deep3 provides application development, digital transformation, data analytics and cyber security support to defense customers.

Further details about leadership transitions were not disclosed.

Alarm.com has acquired a majority stake in OpenEye.

Alarm.com, a Tyson, Virginia-based provider of cloud-based home automation and monitoring services, announced that it has acquired Spokane, Washington-based OpenEye. The financial terms of the deal were not disclosed, but OpenEye will now be a subsidiary company under Alarm.com’s wing, per a press release.

Founded in 1999, OpenEye develops cloud-based software for video management and surveillance for the commercial market.

“OpenEye has consistently demonstrated that they are the unequivocal leader in the video-surveillance-as-a-service space and we are excited to help the team continue growing their business,” said Steve Trundle, president and CEO of Alarm.com. “The addition of OpenEye will enhance the offerings available to Alarm.com partners in the commercial space.”

OpenEye will continue to operate under its own brand led by its current executive team. Alarm.com has plans to expand its presence at its second headquarters in Liberty, Washington.

The Carlyle Group acquires HireVue.

D.C.-based global investment firm The Carlyle Group has closed its acquisition of Utah-based HireVue, provider of a suite of AI-driven talent assessment and video interviewing solutions. The Carlyle Group has a majority stake in the company now, with existing shareholders Granite Ventures, Sequoia, TCV and HireVue management as minority investors, a press release states.

The financial terms of the deal were not disclosed, but global investment firm reported that the capital for the investment came from its $18.5 billion fund that primarily invests in companies focused on tech, media and telecommunications.

Kevin Parker, chairman and CEO at HireVue, will continue to lead the company’s team independently.

On the same day this deal closed, The Carlyle Group shared on Twitter that it also acquired a large stake in a privately owned integrated energy company based in Europe:

Carlyle acquires a 37% stake in @Cepsa, Europe’s largest privately-owned integrated energy company, an enterprise value of $12bn. @Mubadala to remain majority shareholder. Read more: https://t.co/722AH05Hpo pic.twitter.com/TCtkdh8uLB

— The Carlyle Group (@OneCarlyle) October 15, 2019

New Frontier Data is set to acquire Zefyr.

D.C.-based New Frontier Data, an analytics company specializing in the cannabis industry, announced that it’s set to acquire Houston-based cannabis tech company Zefyr. An agreement has been met for a cash and stock deal valued at more than $10 million, New Frontier Data shared in a news release.

Zefyr manages two web-based solutions that will integrate with New Frontier Data’s online platform to provide real-time insights.

“Today, as mature market entrants move beyond examining investment risks and opportunities to connecting with the cannabis consumer, Zefyr enables us to expand and deepen our data services to support these evolving cannabis data needs,” New Frontier Data Founder and CEO Giadha Aguirre de Carcer said.

Zefyr leadership team and employees will continue to operate independently, and will leverage New Frontier Data’s reach to scale its products and services.