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NexTech Solutions (NTS) completes acquisition of Nomad Solutions to Expand Support to Federal Civilian Executive Agencies

Sep 03, 2024•over 1 year ago

Acquiring Company

NexTech Solutions

Acquired Company

Nomad Solutions

TampaGainesvilleConsultingInformation Technology

Description

NexTech Solutions (NTS), a leading provider of innovative technology solutions, has strategically acquired Nomad Solutions, a Virginia-based IT company specializing in government data and communication services. This acquisition enhances the capabilities of NTS to support critical government infrastructure and expand their reach beyond their core DoD client base, reinforcing their commitment to driving digital transformation and security in the public sector.

Company Information

Company

NexTech Solutions

Location

Tampa, Florida, United States

About

NexTech Solutions (NTS) is a leading provider of mission-focused technology solutions for defense and government agencies. With over 11 years of experience, NTS supports various U.S. Department of Defense missions. The company specializes in systems engineering, operational support, hardware, software, testing, and evaluation. Their goal is to provide the best defense technology solutions for mission-critical objectives.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed