“Major mergers and acquisitions in 2018 continued the reshaping of the federal information technology contracting market, which has been evolving over the past few years.”
“Deals in 2018 provided some contractors with larger shares of IT submarkets or created new federal IT market leaders. Others brought companies new capabilities, allowing them to expand into new IT markets or meet emerging technology demands such as cloud computing or cybersecurity.”
“Bloomberg Government has updated its M&A Tracker dashboard with a new methodology for capturing deals and providing a more succinct, focused view of federal contracting M&A deals. Based on the deals tracked in 2018 across four markets — defense and aerospace, IT, professional services, and health — BGOV found that the IT market had the most M&A activity, with 44 percent of all M&A deals.”
“This week’s This Is IT focuses on the M&A dashboard update and discusses the trends and takeaways from 2018 M&A activity, with a focus on the IT deals in 2018…” Read the full article here.
Source: 2018 Mergers and Acquisitions Redefine IT Market: This Is IT – By Laura Criste, March 6, 2019. Bloomberg Government.
