New company offers full-spectrum of innovative, high-quality services and solutions to the federal marketplaceCHANTILLY, Va., May 27, 2014 — (PRNewswire) — The SI Organization, Inc. (the SI) announced today that it has completed its transaction to acquire QinetiQ North America Services and Solutions Group (QNA/SSG) from QinetiQ U.S. Holdings Inc. QNA/SSG's core offering of high-end systems engineering and integration services and software solutions will strengthen the SI's offerings in the Intelligence Community, greatly scale presence in adjacent markets, and provide additional opportunities to leverage research and intellectual property to drive innovation to customers and deliver value to investors.
"This acquisition culminates a thoughtful process to bring together two great companies, and their employees, to better serve the mission of our customers," said Mac Curtis, CEO of the SI. "I look forward to demonstrating our enhanced value to our partners in the federal government."
The transaction forms a $1.3 billion company that will be integrated and rebranded over the coming months. The new company will leverage the best of both organizations and will unite under a shared set of values and a common vision to be a leader in the design, development, integration and operation of complex, mission-critical information solutions across government.
"This transaction provides The SI Organization, Inc. with the scale and differentiated service offerings necessary to compete and grow in this market. We anticipate that this consolidation trend will continue," said Larry A. Davis, partner of Aronson Capital Partners.
About The SI Organization, Inc.
The SI is a leading provider of high impact, analytical and technical expertise solving the U.S. Governments' most complex and significant problems. The company has 40 years of experience successfully delivering mission-critical information solutions leveraging core strengths in systems engineering and integration, analytics and cyber. The SI, headquartered in Chantilly, Virginia, employs approximately 4,800 engineers, analysts, IT specialists, and other professionals who strive to be the best at everything they do. For more information, visit www.thesiorg.com.
SOURCE The SI Organization, Inc.
|The SI Organization, Inc.
QinetiQ North America Services and Solutions Group
QinetiQ U.S. Holdings Inc.
Media: Carol Miller, 484-681-7479