Applied Insight, which provides information technology (IT) services to federal government customers, on Monday, said it has acquired Organizational Strategies Inc. in a deal aimed at furthering its strategy of becoming a mid-market provider of government services.
Terms of the deal for OSI were not disclosed. OSI has about 100 employees and Applied Insight 400. In a response to emailed questions, Gavin Long, CEO of Applied Insight, told Defense Daily that with the acquisition, earnings before interest, taxes, depreciation and amortization are more than $20 million.
“This means we’re able to put capital to work in developing new solutions to complex customer problems in analytics, cyber, cloud and mission IT,” Long said.
OSI’s capabilities are in mission IT operations and support services, data analytics, and the company also provides software platforms for intelligence integration and enterprise analytics. The company’s two largest contracts are with the Department of Homeland Security, one with Customs and Border Protection’s Office of Air and Marine Operations Center and the other with unmanned aircraft systems.
Long said that OSI’s enables “their customers to gather and analyze critical data more reliably, efficiently and effectively.”
In a statement contained in the press release announcing the deal, Long said, “This is an important development in our strategy to create a company that works seamlessly at all levels of the most complex and sensitive mission environments, a company that can build the systems infrastructure customers need, manage their mission-critical technologies, handle as much data as their mission requires and deliver insights that contribute to better decisions.”
Applied Insight and OSI are both based in Northern Virginia. AI is backed by the private equity firm The Acacia Group, of which Long is a managing partner. The McLean Group served as OSI’s financial advisor on the deal.
Applied Insight was formed earlier this year after Acacia acquired federal technology provider Intelligent Decisions and split the business into two separate companies, ID Technologies and Applied Insight.