CACI Completes Acquisition of Advanced Programs Group, LLC
03 Ottobre 2011 - 10:25PM
Business Wire
CACI International Inc (NYSE: CACI) announced today that it has
completed its transaction to acquire Advanced Programs Group, LLC,
an Oracle Platinum Partner and leading provider of Oracle
e-Business services in the federal market. This acquisition expands
CACI’s already strong presence in the business and government
transformation arenas and aids CACI in providing solutions that are
critical to the mission success of federal agencies.
Founded in 2004, Advanced Programs Group (APG) has 110 employees
and is headquartered in Reston, Virginia. The company’s services
include Oracle e-Business Suite (EBS) implementations, IT program
management, enterprise architecture, and security services. APG
manages the entire lifecycle of an Oracle implementation –
including design, configuration, testing, deployment, maintenance,
and enhancement phases – and is one of the only companies to
successfully upgrade federal clients to the latest Oracle EBS
release. APG has contract vehicles with several key civilian and
Department of Defense clients, including the Department of the
Interior’s (DOI) National Business Center (NBC), a shared service
center that provides financial systems for multiple government
agencies. APG’s revenue in calendar year 2010 was $41.9 million.
The acquisition is expected to be accretive to CACI’s earnings per
share during its first 12 months.
CACI President of U.S. Operations Bill Fairl said, “Advanced
Programs Group is a wonderful addition to the CACI team, and their
specialized knowledge of the Oracle e-Business Suite will greatly
enhance our business transformation capabilities. We look forward
to working with APG’s talented employees as we continue to provide
solutions that will help our clients achieve mission-critical
benefits and make better spending decisions.”
Paul Cofoni, CACI President and Chief Executive Officer, stated,
“The acquisition of Advanced Programs Group enables CACI to lead
the way in providing a joint contract lifecycle management and
financial solution that is unique within our industry. Our clients
already know us as a trusted integrator; as a Federal Shared
Service Provider, we can now offer the functionality and ease of
use federal agencies need to meet their business transformation and
financial needs.”
Celebrating our 50th year in business, CACI sustains an
exceptional record of success by providing professional services
and IT solutions needed to prevail in the areas of defense,
intelligence, homeland security, and IT modernization and
government transformation. We deliver enterprise IT and network
services; data, information, and knowledge management services;
business system solutions; logistics and material readiness; C4ISR
solutions; cyber solutions; integrated security and intelligence
solutions; and program management and SETA support services. CACI
solutions help federal clients provide for national security,
improve communications and collaboration, secure information
systems and networks, enhance data collection and analysis, and
increase efficiency and mission effectiveness. A member of the
Fortune 1000 Largest Companies and the Russell 2000 index, CACI
provides dynamic careers for approximately 14,100 employees working
in over 120 offices in the U.S. and Europe. Visit CACI on the web
at www.caci.com and www.asymmetricthreat.net.
There are statements made herein which do not address historical
facts, and therefore could be interpreted to be forward-looking
statements as that term is defined in the Private Securities
Litigation Reform Act of 1995. Such statements are subject to
factors that could cause actual results to differ materially from
anticipated results. The factors that could cause actual results to
differ materially from those anticipated include, but are not
limited to, the successful integration of our acquisition of
Advanced Programs Group, actual revenue and earnings realized by
Advanced Programs Group and the performance of business
transformation services in the federal sector as well as the risk
factors set forth in CACI's Annual Report on Form 10-K for the
fiscal year ended June 30, 2011, and other such filings that CACI
makes with the Securities and Exchange Commission from time to
time. Any forward-looking statements should not be unduly relied
upon and only speak as of the date hereof.
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