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Air Force

Serco’s $423 Million Deal For SI International Boosts Federal Presence

DDN

Thursday, August 28th, 2008

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By Calvin Biesecker Serco Group said yesterday that its United States-based division Serco Inc., has agreed to acquire federal services provider SI International [SINT] for $423 million in cash in a deal that would create a $1 billion-plus federal contractor serving the Defense Department, federal civilian agencies and intelligence community. For United Kingdom-based Serco Group, the purchase would nearly double the revenues of Serco Inc. to over $1.3 billion, provide it with additional customers in DoD and the federal civil…

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