Tampa, Florida-based information technology services provider NexTech Solutions LLC is building out its Greater Washington presence to be closer to federal customers following its acquisition of Nomad Solutions, an industry peer based in Gainesville.
Financial terms of the deal were not disclosed.
It marks one of several out-of-state tech companies to recently expand in the region, and it's the latest of more than a dozen M&A deals that have occurred since spring involving government-focused tech contractors in the region.
The deal will boost NexTech's workforce by about a dozen workers as it takes over Nomad's brick-and-mortar location off Wellington Road in Gainesville.
Founded in 2013, NexTech has about 100 employees, most of whom report out of either its offices in Tampa, Huntsville, Alabama, or the location it has in Ashburn, according to employment figures from LinkedIn.
The company primarily serves customers in the Department of Defense, but the acquisition will allow NexTech to pursue the federal civilian executive agencies Nomad has obtained as clients since its establishment in 2006.
A spokesperson for NexTech said the company's CEO, Joseph Paull, was unavailable for an interview.
"Together, we will enhance our support to U.S. government customers outside of our core DOD client base while driving digital transformation and security in the public sector," Paull said in a statement.
NexTech's increased presence in the region to be closer to federal customers follows a similar action taken by Auterion Ltd., a defense-oriented software developer that relocated its headquarters from outside of Los Angeles to Arlington in May.
In December, Brightstar Capital Partners, a New York private equity firm, unified two of its portfolio companies to establish government cybersecurity and IT contractor Astrion's headquarters at The Wharf to put the company closer to core customers like the Federal Aviation Administration and the DOD.
There have also been broader consolidation efforts across the region's IT market as of late. Herndon IT services firm ePlus Technology Inc. in late August acquired peer company Bailiwick Services LLC from Minneapolis private equity firm Norwest Equity Partners. And in June, Chantilly IT contractor VTG acquired Clear Cloud LLC, a Reston startup that, like VTG, provides technology services to U.S. defense and intelligence agencies.
