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Announced

Completed

DLH Holdings completed the acquisition of GRSi for $185m.

Synopsis

DLH Holdings, a provider of technology-enabled business process outsourcing and program management solutions, completed the acquisition of Grove Resource Solutions, a provider of broad array of cloud-based enterprise modernization and cyber security solutions, for $185m. “We are thrilled to begin a new era at DLH with the acquisition of GRSi. Through this landmark transaction, we elevate our information technology and engineering capabilities, while adding the scale we need to thrive in an increasingly competitive marketplace. GRSi’s high-end IT and technical capabilities serving scientists, researchers, and system engineers have earned the company a reputation for excellence, and we expect that our unified organization will build upon those achievements to drive accelerated growth for DLH in the near- and long-terms. GRSi’s highly credentialed workforce features some the best and brightest technology leaders in our industry. We could not be more excited to welcome the entire team into the DLH family," Zach Parker, DLH President and CEO.

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