The management consulting giant Booz Allen Hamilton is acquiring Aquilent, a Laurel firm that has designed more than 100 websites for federal agencies, in a $250 million deal.
The acquisition, subject to regulatory approval, is expected to close by the end of December. It is expected to boost McLean, Va.-based Booz Allen's revenue by up to $35 million in fiscal 2017.
Under the deal, Aquilent, also known as eGov Holdings Inc., will become a wholly owned subsidiary of Booz Allen as the 102-year-old firm expands to offer more technology services.
"We've always worked with our clients on really hard problems to put the plan and strategy in place," said Greg Wenzel,...