Altamira Acquires APG Technologies

Altamira Technologies Corp. has announced its acquisition of APG Technologies, a Northern Virginia-based advanced engineering company.

“Altamira is very excited to welcome the APG team into the family,” said Ted Davies, president and CEO of Altamira. “Their core capabilities and customer focus as well as our cultural alignment will amplify the strong progress we have made this year in building the leading next generation solutions provider to the IC.”

APG supports the Defense Department, space and intelligence communities in overcoming the challenges of today’s information systems and responding to the increasing velocity, variety and volume of data while maintaining focus on the expanding complexity of missions.

“APG’s focus on multi-intelligence analysis, mission management and space situational awareness solutions provides an additional depth of offer as we serve today’s customers, and acts as a catalyst to accelerate Altamira’s emerging strategic thrusts as our customers transition to new cloud-based environments and advance our nation’s space and counterspace capabilities,” said Jonathan Moneymaker, executive vice president and chief strategy officer of Altamira.

“We conducted an extensive search for a partner where we were technically aligned and culturally coupled and Altamira delivers on all fronts,” said Mike Janeway, president and CEO of APG Technologies. “Their focus on client mission delivery combined with direct, open and honest communication across all aspects of business is genuine and refreshing, and I see this as a seamless integration of two solidly performing companies. In Altamira, the government has a mid-market leader they can turn to for thought leadership and superb engineering and technical implementation. I am truly excited to be part of this.”

“While small, APG is an exciting tuck-in acquisition for Altamira that expands its capabilities and Intel customer base and leverages Altamira’s attractive vehicle portfolio,” said Bob Kipps, Managing Director at KippsDeSanto.

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