Reston government contractor to buy Alexandria tech company
Xenith Solutions LLC to acquire TRI-COR Industries
Reston-based government IT contractor Xenith Solutions LLC announced Thursday it will acquire Alexandria-based tech company TRI-COR Industries (TCI).
Terms of the transaction were not disclosed.
Founded in 1983 by Louis Gonzalez, TCI provides large-scale, enterprise agile tech services to federal and local governments. Xenith Solutions is a service-disabled veteran-owned small business that provides both consulting services such as strategic planning, IT systems management and business intelligence as well as enterprise tech services including architecture, implementation, sustainment and modernization.
Under the acquisition, Xenith Solutions will acquire TCI’s assets, team members, industry certifications and customer contracts. TCI will be a wholly owned subsidiary of Xenith.
“The Xenith team consistently brings a high-level of ingenuity and confidence to every project,” Gonzalez said in a statement. “Our customers are going to appreciate the added depth of skills and experience the combined team will bring.”