IBM completed the acquisition of Octo from Arlington Capital Partners.

IBM, an American multinational technology corporation, completed the acquisition of Octo Consulting Group, a technology firm, from Arlington Capital Partners, a private equity firm. Financial terms were not disclosed. “Since our partnership with Octo began in early 2019, the Company has consummated four highly complementary acquisitions, expanding the Company’s healthcare footprint, while also doubling down on its strong positioning with forward-leaning modernization customers within the national security and civilian customer communities. The partnership with the Octo management team and their tireless efforts enabled us to build a great business focused on the infusion of modern technology into government applications and solidified the Company as an attractive workplace for technologists,” Michael Lustbader, Arlington Capital Managing Partner.