Deltek‘s $1.1 billion dollar acquisition, announced Monday by Thoma Bravo, may not have surprised those familiar with the private equity firm’s long history of investing in technology companies. But the timing of the deal and its price tag may come as more of a question in the minds of anyone who works in and around the federal government.
What could Thoma Bravo gain by spending $1.1 billion for a place in the government contracting business given the current spending environment? Keep reading →
Government contractors need to prepare not only for a more austere future for government spending, but also adapt to a shifting landscape that is favoring task orders over traditional acquisition contracts, a leading government forecasting group said today.