Public sector

SAIC Appoints Srini Attili as New Civilian Business Group Executive

Retrieved on: 
Thursday, April 4, 2024

Science Applications International Corp. (NASDAQ: SAIC ), a premier Fortune 500® technology integrator driving our nation's digital transformation across the defense, space, civilian and intelligence markets, is pleased to announce the appointment of Srinivas “Srini” Attili as executive vice president, Civilian Business Group, effective May 6, 2024.

Key Points: 
  • Science Applications International Corp. (NASDAQ: SAIC ), a premier Fortune 500® technology integrator driving our nation's digital transformation across the defense, space, civilian and intelligence markets, is pleased to announce the appointment of Srinivas “Srini” Attili as executive vice president, Civilian Business Group, effective May 6, 2024.
  • View the full release here: https://www.businesswire.com/news/home/20240404255832/en/
    SAIC has appointed Srini Attili to lead the company's Civilian Business Group.
  • (Photo: Business Wire)
    “Srini's extensive experience and strategic impact in our industry make him the right choice to round out our executive leadership team and lead our Civilian business,” said Toni Townes-Whitley, chief executive officer at SAIC.
  • The new Civilian Business Group will encompass the Civilian, Health and State and Local businesses.

Spruce Point Capital Management Announces Investment Opinion: Releases Report and Strong Sell Research Opinion on WSP Global Inc. (TSX: WSP)

Retrieved on: 
Wednesday, April 3, 2024

The Company was formed when Canada’s Genivar Inc. (TSX: GNV) acquired WSP Group plc in the U.K. in 2012.

Key Points: 
  • The Company was formed when Canada’s Genivar Inc. (TSX: GNV) acquired WSP Group plc in the U.K. in 2012.
  • Ever since, WSP has been built largely as a roll-up acquiror and has acquired 22 companies totaling $4.3 billion since 2020.
  • As a reminder, our full report, along with its investment disclaimers, can be downloaded and viewed at www.SprucePointCap.com .
  • As disclosed, Spruce Point and/or its clients have a short position in WSP Global Inc. (TSX: WSP) and own derivative securities that stand to net benefit if its share price falls.

Bowman Enters into Definitive Agreement to Acquire Surdex Corporation, Adding High-Altitude Digital Imagery, Digital Mapping and Advanced Geospatial Services

Retrieved on: 
Wednesday, April 3, 2024

By combining traditional photogrammetric processes with state-of-the-art technology, Surdex provides reliable and accurate geospatial data with resolutions that make the imagery extremely flexible and valuable.

Key Points: 
  • By combining traditional photogrammetric processes with state-of-the-art technology, Surdex provides reliable and accurate geospatial data with resolutions that make the imagery extremely flexible and valuable.
  • Surdex possesses the in-house resources and skilled professional workforce necessary to undertake virtually any photogrammetric mapping project with any combination of digital orthoimagery, LiDAR, and/or digital topographic or planimetric mapping.
  • “Surdex’s portfolio of high-resolution image capture, orthoimage processing, and digital mapping services provides tremendous revenue synergy opportunities with our customers.
  • Adding state-of-the-art, high-altitude services to Bowman’s extensive array of terrestrial and low-altitude capabilities will create a compelling suite of full-service geospatial solutions.

OceanSound Partners Closes $1.15 Billion Single-Asset Continuation Transaction in Partnership with Apollo S3 to Support the Continued Growth of SMX

Retrieved on: 
Tuesday, April 2, 2024

OceanSound will anchor the transaction alongside a new continuation fund managed by OceanSound.

Key Points: 
  • OceanSound will anchor the transaction alongside a new continuation fund managed by OceanSound.
  • Apollo S3 is the lead investor in the continuation fund, which is supported by new and current limited partners.
  • The continuation fund will provide incremental capital to support the continued execution of the Company’s acquisition strategy.
  • Founded in 1995 and based in the Washington, D.C. area, SMX is a leader in next-generation mission support and digital transformation solutions.

Resecurity Wins GOVIES Government Security Award 2024 for Risk Analysis

Retrieved on: 
Monday, April 1, 2024

Resecurity (USA), a global cybersecurity solutions provider protecting major Fortune 100 corporations and government agencies worldwide, is honored to announce it has been awarded the top recognition from Security Today’s GOVIES Government Security Awards 2024 in the Risk Analysis category.

Key Points: 
  • Resecurity (USA), a global cybersecurity solutions provider protecting major Fortune 100 corporations and government agencies worldwide, is honored to announce it has been awarded the top recognition from Security Today’s GOVIES Government Security Awards 2024 in the Risk Analysis category.
  • Gene Yoo, CEO of Resecurity, expressed his gratitude upon receiving the award, stating, "We are immensely proud to be recognized with the 2024 The GOVIES Government Security Award in the Risk Analysis category.
  • This accolade reaffirms our dedication to providing state-of-the-art risk analysis solutions that empower government agencies to safeguard their critical assets against evolving cyber threats.
  • We’re excited to honor these companies as they continue to support and enhance the government security industry.”
    The 2024 GOVIES Government Security Award 2024 further solidifies Resecurity's position as the leading provider of innovative risk analysis and intelligence solutions trusted by government and law enforcement agencies worldwide.

HYAS Sweeps High Honors With Three GOVIES Government Security Awards Wins

Retrieved on: 
Friday, March 29, 2024

HYAS Infosec, the adversary infrastructure platform provider that offers unparalleled visibility, protection, and security against all kinds of malware and attacks, today announced that it has been awarded three top recognitions from Security Today’s GOVIES Government Security Awards.

Key Points: 
  • HYAS Infosec, the adversary infrastructure platform provider that offers unparalleled visibility, protection, and security against all kinds of malware and attacks, today announced that it has been awarded three top recognitions from Security Today’s GOVIES Government Security Awards.
  • HYAS Insight threat intelligence and investigation platform was awarded top honors in the GOVIES Cyber Defense Solutions and Monitoring Solutions categories.
  • “These Security Today GOVIES Government Security Awards are a clear recognition of the dramatic improvements to security posture that can result when organizations can see and respond to the adversarial infrastructures that are otherwise completely invisible to legacy blue team solutions,” said HYAS CEO David Ratner.
  • “We’re excited to honor these companies as they continue to support and enhance the government security industry.”

Euna Solutions Introduces Strategic Budgeting, an Industry First to Connect Strategic Plans with Full Cycle Budgeting

Retrieved on: 
Thursday, March 28, 2024

Euna Solutions® , a leading provider of purpose-built, cloud-based solutions for the public sector, today announced the launch of Euna Budget: Strategic Budgeting , a first-of-its-kind offering that enables city leaders to connect their strategic plans with annual budgets.

Key Points: 
  • Euna Solutions® , a leading provider of purpose-built, cloud-based solutions for the public sector, today announced the launch of Euna Budget: Strategic Budgeting , a first-of-its-kind offering that enables city leaders to connect their strategic plans with annual budgets.
  • Euna Budget: Strategic Budgeting was designed to address that disconnect, especially for city and financial leaders, charged with budgeting against the community’s strategic plan.
  • Euna Budget: Strategic Budgeting integrates with Euna’s existing transparency solution to create and publish the critical public-facing strategic plan.
  • In addition to strategic budgeting, Euna Budget offers management solutions for the operating, personnel, and capital budgets.

Orca Security and Carahsoft Partner to Bring Orca’s Cloud Security Solutions to the Public Sector

Retrieved on: 
Thursday, March 28, 2024

Orca Security , the leader in agentless cloud security, and Carahsoft Technology Corp ., The Trusted Government IT Solutions Provider®, today announced a partnership.

Key Points: 
  • Orca Security , the leader in agentless cloud security, and Carahsoft Technology Corp ., The Trusted Government IT Solutions Provider®, today announced a partnership.
  • Under the agreement, Carahsoft will serve as Orca Security’s Public Sector Distributor, making the company’s innovative and award-winning cloud security and compliance platform more readily available to the Public Sector through Carahsoft’s reseller partners and NASA Solutions for Enterprise-Wide Procurement (SEWP) V, Information Technology Enterprise Solutions – Software 2 (ITES-SW2) and National Association of State Procurement Officials (NASPO) ValuePoint contracts.
  • “We are pleased to partner with Carahsoft as our premier distributor, and work with Carahsoft’s extensive reseller ecosystem to expand our presence in the Public Sector.
  • Their dedication to serving the Public Sector is unmatched,” said Stephanie Donofrio, Director of Federal Channels, Orca Security.

1Kosmos Names Christine Owen Field CTO

Retrieved on: 
Wednesday, March 27, 2024

1Kosmos , the company that unifies identity proofing and passwordless authentication, today announced the appointment of Christine Owen as the company’s first Field CTO.

Key Points: 
  • 1Kosmos , the company that unifies identity proofing and passwordless authentication, today announced the appointment of Christine Owen as the company’s first Field CTO.
  • She joins 1Kosmos from Guidehouse, a leading global provider of technology and risk consulting services to the public sector and commercial markets.
  • “Christine is a proven identity and access management expert with years of experience working as a consultant on cybersecurity and zero trust projects in the public sector,” said Hemen Vimadalal, CEO of 1Kosmos.
  • “Achieving zero trust security begins and ends with an identity and access management infrastructure that goes beyond authentication and is based on digital identity verification,” said Christine Owen.

Brera Partners Acquires 70% of Shares of GBSAPRI Group to Create Italy’s Leading Independent Insurance Broker

Retrieved on: 
Wednesday, April 3, 2024

Brera Partners, a private equity firm specializing in investments in the asset light financial services sector, has announced it has acquired 70% of the shares in Italian insurance broker GBSAPRI Group, with the strategy to drive consolidation in Italy’s fragmented insurance broking sector.

Key Points: 
  • Brera Partners, a private equity firm specializing in investments in the asset light financial services sector, has announced it has acquired 70% of the shares in Italian insurance broker GBSAPRI Group, with the strategy to drive consolidation in Italy’s fragmented insurance broking sector.
  • Headquartered in Rome with nine offices across Italy, GBSAPRI Group was established in 1951 to service SMEs, corporates and the public sector.
  • Brera said the acquisition will enable GBSAPRI Group to continue its aggregator business model and acquire a series of businesses currently in the pipeline to grow its presence on the Italian market.
  • Brera Partners was backed by Headway Capital Partners with equity financing to facilitate the transaction.