Deltek, Inc. (PROJ) Gains Even Greater Foothold in Government Contractor Sector, Acquires Washington Management Group and FedSources
Deltek, www.deltek.com – the enterprise software developer and information solutions provider to a host of government contractors/agencies and professional services firms around the world, reported today an all-cash transaction of $26M, whereby the Company has acquired Washington Management Group (WMG), in addition to its FedSources (FSI) and FedSources Consulting (FSI Consulting) businesses. President and CEO of PROJ, was extremely pleased with the move, saying that it represents a huge new opportunity to expand the solutions platform as a whole and to more fully engage the some 4k government contractors currently served by PROJ. The Company has built a name for…