CACI INTERNATIONAL INC /DE/ acquires ID Technologies, LLC
Snapshot
CACI INTERNATIONAL INC /DE/ acquired ID Technologies, LLC for $225 million in December 2021. The transaction was structured as all cash. ID Technologies, LLC is a Secure network modernization / enterprise IT business.
- Acquirer
- CACI INTERNATIONAL INC /DE/
- Target
- ID Technologies, LLC
- Value
- $225 million
- Date
- December 2021
- Type
- full acquisition
- Status
- ready
The deal at a glance
About this deal
CACI INTERNATIONAL INC /DE/ acquired ID Technologies, LLC for $225 million, a transaction completed in December 2021, structured as all cash.
ID Technologies, LLC operates in Secure network modernization / enterprise IT. ID Technologies (IDT) is an enterprise IT, Infrastructure-as-a-Service, and network modernization provider with NSA-compliant Commercial Solutions for Classified (CSfC) technology.
The acquisition expands CACI's secure network modernization capabilities with CSfC software equipping U.S. government work.
IDT brought NSA-compliant CSfC technology that expanded CACI's secure network-modernization offerings for U.S. government customers. Strengthens CACI's secure network modernization portfolio with CSfC software. CACI enterprise IT / network modernization CACI Q2 FY2022 earnings (Jan 26, 2022): 'CACI acquired ID Technologies (IDT)... The acquisition closed on December 29, 2021 with a total purchase consideration of $225 million.'
No advisory firms have been disclosed for this transaction.