Booz Allen Hamilton To Acquire Maryland-Based eGov Holdings Inc. For $250 Million

11/30/16

McLean-based Booz Allen Hamilton plans to acquire the Laurel, Md.-based digital services firm eGov Holdings Inc. for $250 million.

The Maryland firm does business as Aquilent and is a provider of solutions for the Federal government.

Booz Allen said the deal will bolster its growing technology capabilities and talent base, particularly its emphasis on building citizen-focused digital services.

Aquilent will be the hub of Booz Allen’s digital business. Upon closing of the transaction, eGov Holdings Inc. will be a wholly-owned subsidiary of Booz Allen Hamilton. The transaction is expected to close by Dec. 31 and is subject to customary closing conditions.

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