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Vtg Acquires Next Rev Technologies, Llc, Enhancing Multi-Cloud Software Development And Adding Intelligence Community Customers

Nov 15, 2022•about 3 years ago

Acquiring Company

VTG

Acquired Company

Next Rev Technologies

AlexandriaManufacturing

Description

VTG, an industry-leading provider of force modernization and digital transformation solutions, is pleased to announce the acquisition of Next Rev Technologies, LLC., a trailblazer in cloud solutions and multi-cloud strategies for the U.S. Intelligence Community. Next Rev adds differentiated digital, software, and cyber expertise to VTG's growing suite of technical capabilities, and greater depth in data science and advanced analytics.

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