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Home News McLean tech contractor acquires Fairfax firm

McLean tech contractor acquires Fairfax firm

IntelliBridge Inc. buys Alethix LLC

Published February 2, 2021 by Sydney Lake

McLean-based tech contractor IntelliBridge Inc. announced Monday it has acquired Fairfax-based tech company Alethix LLC.

Financial terms of the transaction were not disclosed, but the acquisition will add DevSecOps and cloud services to IntelliBridge (which is backed by Enlightenment Capital), and also expand its clientele to include homeland security, federal-civilian and defense agencies.

Founded in 2012, Alethix provides services including data processing for national security, defense and civilian agencies. IntelliBridge offers cybersecurity, intelligence analysis and cloud services.

“Alethix’s team of trusted technology experts bolsters our position in the digital solutions marketplace, which will allow us to bring agile, repeatable and scalable solutions to our current and prospective customers,” IntelliBridge President and CEO Cass Panciocco said in a statement. “This combination will create instant synergies for both our customers and employees.”

Alethix used investment bank KippsDeSanto as its financial adviser for the acquisition.

 

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