A Deal Between Two Locals: NetStar-1 and Aviel

NetStar-1 of Rockville announced that it's buying Aviel Systems of McLean. Terms were not disclosed. Both companies do consulting and information technology work for the federal government and other companies.
The companies say that combined, they will have more than 750 employees and annual revenue of almost $175 million.
Chicago private-equity firm Lake Capital, which first invested in NetStar-1 in March 2007, helped fund the deal, the companies said.

By Terri Rupar  |  April 16, 2008; 2:11 PM ET  | Category:  Technology
Previous: IAC and HealthCentral Form Ad Network | Next: Roundup: MaxJet, Circuit City, DuPont Fabros

The comments to this entry are closed.