NCI, Inc. [NCIT] in late December said it has agreed to acquire software developer and information technology firm Computech for $56 million in cash, adding new customers and service offerings.
Computech, which is based in Maryland, has 170 employees and was expected to generate more than $40 million in sales in 2014. NCI said the deal would be immediately accretive to margins and earnings.
“The acquisition of Computech is in line with NCI’s growth strategy, which calls for the development of new customers and service offerings both organically and through mergers and acquisitions,” Brian Clark, NCI’s president, said in a statement.
Computech’s expertise is in agile software application development, IT system modernization, application portfolio management, big data processing, data strategy, analytics and visualizations. The company’s customers include the Federal Communications Commission, Department of Homeland Security, Executive Office of the President, Internal Revenue Service, House of Representatives, and United States International Trade Commission.