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Axiologic closes first deal after prep year
Axiologic Solutions didn’t fool around when it came to making its first acquisition. In buying another emerging middle tier company, Axiologic has effectively both doubled its size by revenue and by number of employees.
Axiologic has acquired Knowledge Link, a provider of financial management and other services primarily to the National Geospatial-Intelligence Agency. Terms of the deal were not disclosed, but Axiologic executives told me Knowledge Link adds 100 employees to Axiologic’s 140. Revenue-wise, the deal pushes Axiologic from about $50 million to $90 million.
The acquisition fits several strategic goals Axiologic established. Knowledge Link brings new capabilities and a new customer in NGA. This complements Axiologic’s base with the Defense Intelligence Agency, where it provides a variety of services around systems engineering, cloud migration, cybersecurity and acquisition support.