Earlier today, VTG president and CEO John Hassoun shared insights on the evolving mergers and acquisitions landscape with the government contracting industry at Washington Technology’s Power Breakfast hosted by the media outlet’s editor Nick Wakeman. VTG, an industry-leading provider of force modernization and digital transformation solutions, completed its acquisition of intelligence solutions firm Intelligent Shift earlier this year.
“Companies like VTG who are growing strategically to deliver transformational solutions to meet critical government customers’ missions have a unique opportunity right now to expand in the mid-tier,” said Hassoun. “Our recent acquisition of Intelligent Shift in January is a great example of this because it allowed us to add capabilities and customers to expand our support to the intelligence community.”
During the event, senior executives from leading companies described and discussed why M&A activities are so important in today’s market. This included topics on what makes for an attractive acquisition target, such as technical capabilities, customer sets and contract vehicles. They also touched on why culture comes up so often when discussing acquisitions.
The company VTG acquired, Intelligent Shift, is a rapidly growing firm delivering innovative technologies and digital solutions to the U.S. Intelligence Community. The acquisition continues to bolster VTG’s systems, software, and digital engineering capabilities, and expand the company’s presence in the national security market.