“British outsourcer Serco said on Tuesday it would buy consulting services provider Whitney, Bradley & Brown Inc (WBB) from an affiliate of H.I.G. Capital for $295 million to bolster its North American defence business.”
“The acquisition will strengthen the company’s capabilities in areas such as Artificial Intelligence, machine learning, data analytics and cyber consulting, Serco said.”
“WBB takes our North American defence revenues to around $1.1 billion and gives us credible positions in other parts of the market…” Serco Group Chief Executive Rupert Soames said in a statement…” Source: SERCO Read the full press release here.
G2X TAKE: While the intent of the $295M acquisition of Whitney, Bradley & Brown Inc (WBB) by Serco is clearly focused on gaining broader DOD capabilities and past performance, the news that this leading solutions provider for agencies including the Defense Health Agency (DHA), the Navy Bureau of Medicine and Surgery (BUMED) and the Veterans Health Administration (VHA) has been acquired, will and should draw interest from those Federal Health players who support MHS and VA today.
- WBB provides Serco with a broad set of past performance in support of VA and the Military Health System including: providing Lessons Learned services for VHA, Office of Quality, Safety, and Value; Product Effectiveness service to VHA stakeholders for Health Care technology systems and programs; VHA Advisory and Assistance services for customer satisfaction measurement and benefits realization measurement services; providing BUMED with NMFP Project Management Support; and subject matter expertise in support of Navy Medicines Executive Leadership on the areas of strategy design, planning and execution, Balanced Scorecard creation and implementation, and strategy execution.
- In addition, WBB brings with them Prime access to a number of contract vehicles, to include GSA OASIS and a pair of Navy Bureau of Medicine and Surgery (BUMED) and Veterans Health Administration Performance Improvement/Product Effectiveness IDIQ contracts. See the full list here.