Government IT services provider Concept Plus, a key Oracle partner, has acquired Dougherty & Associates (DAI Solutions), a management consulting firm headquartered in Alexandria, Virginia.Concept Plus CEO Ahmad AbuzaakoukConcept Plus was founded in 2008 as a government services provider. The company works with Oracle, cloud, and mobile technologies, providing program and technology management, software and solution development, and systems integration services.Founded in 2000, DAI Solutions works with various government agencies including the Departments of Defense, Health and Human Services, Homeland Security, and Veterans Affairs.
The acquisition is expected to strengthen Concept Plus’ services by enhancing its insight, software solutions, implementation, and training to help it deliver tailored solutions to clients, the company said.“Our clients are investing in transformation initiatives that leverage technology to solve difficult business challenges and prepare stakeholders to use the technology to meet their goals. The integration of Concept Plus, LLC and DAI Solutions allows us to meet these needs rapidly,” said Ahmad Abuzaakouk, Concept Plus’ president and CEO.DAI Solutions will continue operating under its own name as a subsidiary of Concept Plus. Terms of the deal were not disclosed.
Mergers and Acquisitions: Government IT Consulting Firms, Service Providers
M&A activity in the government IT services and consulting market has been steady. Additional deals we've tracked since 2017 include:
December 2017:System One Inc. purchased GAP Solutions, a professional services firm and IT solutions provider that supports U.S. federal clients, for an undisclosed amount.
August 2017:Data Systems Analysts (DSA) acquired Project Performance Company (PPC), a government-focused IT solutions provider that specializes in enterprise systems development and integration, knowledge management, cybersecurity, energy management and environmental sustainability.