“Dovel Technologies, a leading expert to federal agencies that blends deep domain expertise and advanced technologies in the health IT, life sciences, and grants management markets, today announced the acquisition of Ace Info Solutions. The addition of AceInfo will help Dovel diversify its client base and expand its market capabilities. It will rapidly advance Dovel’s portfolio of solutions and services and open up new opportunities for employees to grow their talents and experiences within the combined company.”
“AceInfo is a trusted IT partner to the federal government with core competencies in Infrastructure & Data Center Support, Agile Software Development, Systems Modernization, DevSecOps, Cloud Engineering, and Data Analytics and holds a number of best-in-class government-wide contracts. Additionally, its technology Centers of Excellence bring emerging technologies and solutions to their customer environments such as Serverless Architecture, Artificial Intelligence, and Machine Learning…”
“Dovel helps advance federal agency missions to bring about meaningful change to people around the world. The company has a long, proven history of integrating emerging technologies with domain expertise, mission requirements, and customer needs to produce lasting and highly innovative solutions to customers.”
“The addition of AceInfo enables us to continue the aggressive pursuit of our long-term growth strategy of market expansion and competitive positioning in the mid-tier market,” said Paul Leslie, CEO of Dovel. “AceInfo adds complementary capabilities, a highly-skilled team of employees, and a diverse customer base that will help us advance our work in supporting the integration of emerging technologies with complex systems to manage data and information for more rapid decision making.”
“Together, this newly formed mid-tier company will serve customers including government agencies such as the Department of Health and Human Services, the Department of Defense, Department of Agriculture, Department of Homeland Security, Department of Justice, and Department of Commerce…”
“Combining AceInfo’s capabilities and services with Dovel’s deep technology and market knowledge allows Dovel to now offer the expertise of more than 2,200 technologists, scientists, and support staff to accelerate modernization efforts across the federal government sector customer base. The AceInfo transaction enhances Dovel’s heavy presence in the Washington, DC metropolitan area with offices now in McLean and Reston, Virginia as well as Rockville, Maryland. The combined company also has offices in other locations including Fort Collins, Colorado and Raytown, Missouri…”
“Investment bank KippsDeSanto acted as the financial advisor to AceInfo for this acquisition.” Read the full press release here.
Source: Dovel Technologies Acquires Ace Info Solutions, September 4, 2019. Dovel Technologies.
G2X TAKE: There is big news out this morning as Ace Info Solutions, a very fast growing consultancy who specializes in Application Services, Cloud Services, Cybersecurity and Managed Services, and who maintains a very broad Federal Civilian set of past performance, to include direct experience supporting HHS, NIH, CDC, FDA and SAMHSA, has been acquired by Dovel Technologies.
While this move by Dovel does offer some additional past performance and a set of relationships across HHS, the real value in this deal lies in the additional capabilities, the many contract vehicles, and the deep set of experience AceInfo brings across agencies such as NOAA, USDA, DHS, Census, and many more.
The big takeaway here from our perspective is that the highly successful Dovel, who previously acquired subsidiary Medical Science and Computing (MSC), and who is already a major Federal Health IT player who can lay claim to the types of expertise in health IT, life sciences, and grants management that few can, is now positioned for growth across the broader Federal Civilian market. This group is #onetowatch as we look to 2020.