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You are at:Home»News»Mergers & Acquisitions»Triple-i Announces Acquisition of Global Net Services, Inc.
Mergers & Acquisitions

Triple-i Announces Acquisition of Global Net Services, Inc.

By Lauren BudikSeptember 9, 2014
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Steve Ikirt, CEO and Founder, Triple-i
Steve Ikirt, CEO and Founder, Triple-i

Information Innovators Inc. (Triple-i), a professional information technology services company serving federal government agencies and departments, announced Sept. 4 its acquisition of information technology firm Global Net Services, Inc. (GNSI). GNSI provides IT systems engineering, software development and related services focused primarily on serving the health IT solutions needs of the Food and Drug Administration (FDA).

“These are critical and compelling times for our government as they move toward a technological convergence,” said Triple-i CEO Steve Ikirt in a statement. “Bringing together Triple-i and GNSI enhances our capabilities to best enable and support the solutions that our customers seek to achieve their mission success. We are excited about what this highly-complementary merger of two great firms represent and welcome GNSI to the Triple-i family.”

“We are very excited about how our combined strengths can support our customer missions,” said Ori Reiss, Founder and CEO of GNSI. “Together with Triple-i, GNSI can expand its reach into other U.S. government agencies and will provide us with the resources to accelerate our growth, broaden capabilities to serve our clients and enhance career opportunities for our staff.”

“This deal represents a win-win strategic acquisition where both companies, their customers and employees are better positioned afterwards,” said Bob Kipps, Managing Director of KippsDeSanto & Co., adviser of GNSI for the acquisition.

The acquisition is expected to significantly strengthen and expand Triple-i’s solutions portfolio and IT offerings to its federal government customers. The combination enables Triple-i to further enhance its client solutions in the areas of software and systems development, hosting and cloud services, business intelligence and geospatial information systems.

WashingtonExec previously covered Triple-i’s acquisition of GoldBot Consulting Inc. in June 2013.

 

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