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You are at:Home»News»Mergers & Acquisitions»DMI Acquires the Ambit Group
Mergers & Acquisitions

DMI Acquires the Ambit Group

By Staff WriterOctober 27, 2022
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Sunny Bajaj, DMI Inc
Sunny Bajaj, DMI

DMI has acquired the Ambit Group LLC, a provider of data analytics, cybersecurity and mission support services to the federal government.

“Demand for IT modernization services leveraging the latest digital innovation and capabilities has never been greater,” said Sunny Bajaj, founder and CEO of DMI. “With this addition, we combine Ambit’s comprehensive data management, analytics, and cybersecurity services with our cross-industry, digital transformation expertise to help drive the next generation of digital government.”

Ambit was founded in 2004, and delivers digital transformation services to federal missions in homeland security, regulatory and civilian services. The company has served clients within the federal financial, national security and federal science communities, including the Securities and Exchange Commission, the Federal Emergency Management Agency and the Consumer Financial Protection Bureau.

The acquisition will enhance DMI’s suite of digital services and expand its portfolio of customers and contract vehicles in federal markets.

“We are thrilled to begin the next phase of our journey as part of DMI,” said Kim Hayes, co-CEO of Ambit.

“There is a strong cultural alignment to drive innovative, customer-centric strategies and programs for our clients along with a mutual commitment to our people-first philosophy and values of integrity, diversity, and teamwork. With Ambit’s track record of success in this space, coupled with DMI’s extensive experience and range of services, this pairing represents an unstoppable force.”

Terms of the transaction were not disclosed.

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