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.'
Advisory firms were not disclosed for this transaction.