CACI INTERNATIONAL INC /DE/ acquired Applied Insight for $314.2 million (purchase consideration, net of cash acquired), a transaction completed in December 2024, structured as All-cash.
Applied Insight operates in Cloud / digital modernization, is based in Northern Virginia. Applied Insight is a Northern Virginia-based technology provider, formerly a portfolio company of Acacia Group, that delivers cloud migration, adoption and transformation capabilities backed by close customer relationships across the Department of Defense and the intelligence community. CACI said the all-cash acquisition strengthens its ability to modernize customers' enterprise IT infrastructure, deepening its expertise and technology in cloud and digital modernization for national security missions.
Part of CACI's disciplined and opportunistic approach to capital deployment, announced alongside Azure Summit Technology.
John Mengucci, Q2 FY2025 earnings (Jan 22, 2025): closed and integrated the previously announced strategic acquisitions of Azure Summit and Applied Insight.
We accelerated our disciplined and opportunistic approach to capital deployment by announcing two strategic acquisitions, Azure Summit Technology and Applied Insight.John Mengucci, President and CEO, CACI International Inc
Advisory firms were not disclosed for this transaction.