Dovel Technologies, based in McLean, announced Monday that it has acquired RNSolutions, a best practices and technology solutions federal contractor based in Rockville, Md.
Dovel is a Rockville, Md. based company specializing in software application development and emerging information technology solutions. The acquisition expands Dovel’s presence in the federal health IT space.
“As we began understanding RNSolutions it became abundantly clear that the passion for innovation, dedication to customer service, company culture and shared values of our organizations were clearly aligned,” said Paul Leslie, the Dovel CEO. “The complementary skills and increased technical competencies of the combined organization will allow for significant growth potential, the opportunity to expand our technology thought leadership to our customers and most importantly to provide enhanced career opportunities to all our employees.”
RNSolutions executes currently the prime contract for the Health and Human Services Administration’s Children and Families Center of Excellence Program. Forty federal partner agencies use the RNSolutions-developed GrantSolutions program.
Dovel has tasked itself with leveraging its software development and programs to modernize federal IT throughout the Food and Drug and Administration and HHS. The company is also completing contract work for the Federal Aviation Administration, the U.S. Securities and Exchange Commission and the Education Department.
“Acquisitions are part of Dovel’s growth strategy and we feel that this transaction is a great fit for both companies,” said Dov and Elma Levy, the founders of Dovel.
Dovel wrote in the press release it intends to maintain the RNSolutions office space in Rockville, Maryland. The companies expect that the close proximity to the FDA and Maryland’s Health Technology business corridor will benefit Dovel’s stated growth strategies.
RNSolutions Chief Executive Officer Richard Somwaru and the entire RNSolutions team will stay on with Dovel, according to press releases from the companies.
“Joining Dovel Technologies really jump starts our plans to mature and grow to the next level,” Somwaru said. “I am really excited about the opportunity to work with Paul and the Dovel team, integrating our businesses and expanding our opportunities to really make a difference providing technology thought leadership and critical solutions to our customers.”