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Business/Financial

Serco Completes Acquisition Of WBB

By Cal Biesecker

Tuesday, April 27th, 2021

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Serco Completes Acquisition Of WBB

Dave Dacquino, chairman and CEO of Serco, Inc. Photo: Serco

Serco Inc. on Tuesday said it completed its $295 million acquisition of Whitney, Bradley & Brown (WBB) in a deal that allows it to provide full lifecycle support services to its Defense Department customers. WBB had been a portfolio company of H.I.G. Capital. Serco Inc., the U.S.-based business of Britain’s Serco Group, said the acquisition strengthens its capabilities in advanced weapons acquisition, program management, wargaming, machine learning, cybersecurity, hypersonics and data analytics. WBB is expected to add about $230 million…

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