Xenith Solutions to acquire TRI-COR Industries.

Xenith Solutions, a business solutions provider to the defence and civilian agencies, agreed to acquire TRI-COR Industries, a provider of computer processing and data preparation services. Financial terms were not disclosed. Upon the finalization of the planned transaction, Xenith Solutions will acquire TCI's assets, team members, industry certifications and customer contracts. TCI will be maintained as a wholly owned subsidiary within Xenith Solutions. TCI, under Xenith Solutions' leadership, will provide mission focused innovations and flexible business solutions resulting in time efficiency and sustained cost savings. "We are excited to come together as one organization. Lou has built a great company with people who excel at problem solving and delivering high-caliber business results with a corporate culture built on integrity and creativity. I am looking forward to the great work our teams will achieve together," Lee Shabe, Xenith Solutions Founding Partner.