Close Menu
WashingtonExec
    Podcast Episodes
    LinkedIn Facebook X (Twitter) Instagram YouTube
    LinkedIn Facebook X (Twitter) Instagram YouTube
    WashingtonExec
    Subscribe To The Daily
    • News & Headlines
    • Executive Councils
    • Videos
    • Podcast
    • Events
      • 🏆 Chief Officer Awards
      • 🏆 Pinnacle Awards
    • About
    • Contact Us
    LinkedIn YouTube X (Twitter)
    WashingtonExec
    You are at:Home»News»Federal Government»Providence Equity Partners Acquires SRA International, Inc.
    Federal Government

    Providence Equity Partners Acquires SRA International, Inc.

    By Marium AdnanJuly 25, 2011
    Share
    LinkedIn Facebook Twitter Email

    Providence Equity Partners has completed its acquisition of SRA International, Inc., a leading provider of technology and strategic consulting services to the federal government. SRA International is now a privately held company, with each shareholder holding $31.25 per share.

    SRA shareholders at its July 15 meeting approved this transaction. At the completion of the transaction, SRA common stock will be delisted from the New York Stock Exchange.

    SRA will remain headquartered in Fairfax, Va., and maintain its offices around the world. Dr. Ernst Volgenau, SRA Founder and Chairman, will continue to serve as Chairman of the SRA Board.

    Dr. Ernst Volgenau, SRA Founder and Chairman, said, “We believe that Providence Equity will be an excellent partner. Their values and culture are consistent with our longstanding ethic of honesty and service. SRA has a bright future.”

     

    Previous ArticleUnissant Wins FAA eFast Contract
    Next Article Q&A With Leslie Bradshaw of JESS3: Data Visualization At Its Best

    Comments are closed.

    LinkedIn Follow Button
    LinkedIn Logo Follow Us on LinkedIn
    Quick Links
    • Executive Councils & Committees
    • Chief Officer Awards
    • Pinnacle Awards
    • Advertise With Us
    • About WashingtonExec
    • Contact
    Copyright © WashingtonExec, Inc. | All Rights Reserved. Powered by JMG

    Type above and press Enter to search. Press Esc to cancel.