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VTG completes acquisition of Clear Cloud, LLC to strengthen digital transformation capabilities

Jun 10, 2024•over 1 year ago

Acquiring Company

VTG

Acquired Company

Clear Cloud

AlexandriaRestonManufacturingCloud InfrastructureCyber SecurityInformation TechnologySoftware

Description

VTG, an industry-leading national security solutions provider, has acquired Clear Cloud, LLC, a company based in Northern Virginia that delivers software, cloud, and data engineering solutions and services to U.S. Intelligence Community customers and missions. This acquisition strengthens VTG's digital transformation capabilities and accelerates its Intelligence Community-focused growth strategy.

Company Information

Company

VTG

Location

Alexandria, Virginia, United States

About

VTG delivers force modernization and digital transformation solutions that expand America's competitive advantage in the modern battlespace. Headquartered in Chantilly, Virginia, VTG provides full lifecycle engineering for naval, aerospace, network, and digital requirements. Whether at sea, in the air, on land, or in cyberspace, VTG delivers Tomorrow's Transformation Today. For more information, visit us at www.VTGdefense.com. SOURCE VTG

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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