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Serco Named to Forbes America's Best Employers 2022 List

Herndon, Virginia, Feb. 17, 2022 (GLOBE NEWSWIRE) Serco Inc., a provider of professional, technology, engineering, and management services, announced. ....

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Serco Buys PE-Backed Defense Contractor For $295M


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Serco Buys PE-Backed Defense Contractor For $295M
Law360 (February 16, 2021, 7:46 PM EST) U.S. Department of Defense contractor Serco s North American unit said Tuesday it is planning to snatch up private equity-backed fellow contractor WBB for $295 million to expand its offering of professional, technology and management services.
Serco Inc. said in a news release it is buying Whitney Bradley & Brown Inc. from alternative investment manager H.I.G. Capital LLC, which is working with Paul Hastings LLP. WBB s roughly 1,000 employees will join Virginia-based Serco s more than 8,000 hires in the Americas and increases its artificial intelligence, machine learning, data analytics and cyber consulting abilities, according to the press release. ....

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Serco Announces Agreement to Acquire WBB, Strengthening Presence in High-End Consulting ...


Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Serco Announces Agreement to Acquire WBB, Strengthening Presence in High-End Consulting .
Serco IncFebruary 16, 2021 GMT
Herndon, Virginia, Feb. 16, 2021 (GLOBE NEWSWIRE) Serco Inc., a provider of professional, technology, and management services, announced today that the company has entered into a definitive agreement to acquire Whitney, Bradley & Brown, Inc. (WBB) from an affiliate of H.I.G. Capital for $295 million. The acquisition, subject to certain regulatory approvals, is expected to close in the second quarter of 2021.
The acquisition would substantially strengthen Serco’s position providing acquisition and program management services to the Department of Defense, which has been a critical growth area for the company in recent years. WBB has around 1,000 employees, including more than 200 subject matter experts (SMEs) with experience in their respective techni ....

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