Announced
Completed
Financials
Sources
Tags
application development
Acquisition
Domestic
Digital Services
Private
Single Bidder
cloud solutions
cybersecurity
United States
Majority
Completed
Friendly
Synopsis
Converged Security Solutions, a holding company in the IT transformation and security sectors, completed the acquisition of Solutions By Design II, a federal government contractor specializing in cybersecurity, application development, and cloud solutions. Financial terms were not disclosed. "We are thrilled to welcome SBD to the CSS family. Their exceptional reputation and strong presence in the government sector perfectly complement our existing holdings. This strategic acquisition allows CSS to continue our mission of delivering cutting-edge technology solutions that enable our customers to navigate what can be an overwhelming IT modernization effort, while simultaneously building effective cyber defenses," Mike Santelli, Converged Security Solutions CEO.
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