Friday, May 17, 2024

STG Group ends a troubled year with a sale to Reston contractor

SOS International has acquired STG Group Holdings Inc. in a deal that boosts its contract, customer and data analytics base, while offering an exit for the financially troubled seller.”

“Reston-based SOSi said the deal would expand its reach into the U.S. national security community and create a leading mid-market federal technology services company.”

“Terms of the deal were not disclosed.”

“SOSi is buying a company that had lost much of its leadership and was saddled with a debilitating…” Read the full article here.

Source: STG Group ends a troubled year with a sale to Reston contractor – By Robert J. Terry – Senior Staff Reporter, April 12, 2018. Washington Business Journal.

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Jackie Gilbert
Jackie Gilbert
Jackie Gilbert is a Content Analyst for FedHealthIT and Author of 'Anything but COVID-19' on the Daily Take Newsletter for G2Xchange Health and FedCiv.

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