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For the Record

Virginia Businesses in the News
Mergers and Acquisitions

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Virginia Business Magazine
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JER Partners of McLean, a real estate management firm, bought Highland Hospitality Corp., a McLean real estate investment trust for hotel and resort properties, in a $2 billion deal. The transaction, done through JER Partners Acquisitions IV LLC, includes assumption of $260 million of Highland debt. (PRNewswire)

ManTech International Corp., a Fairfax-based provider of technical services to government clients, acquired SRS Technologies Inc. of Newport Beach, Calif. SRS specializes in a number of high-end technical areas such as space-based radar and communications systems, detection of chemical, biological and nuclear weapons and imagery intelligence, among others. (News release)

Stanley Inc., an Arlington provider of systems integration services to the government sector, bought Techrizon LLC of Lawton, Okla. The move takes advantage of Techrizon’s technical specialties in information security solutions and Stanley’s systems integration capabilities. (PRNewswire)

 

 

 

 

 

 

 


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