SMX has acquired cBEYONData, a provider of implementation, design and managed services.
cBEYONData also offers proprietary budget management and financial analytics solutions, giving Defense Department and federal civilian customers real-time data visibility and transparency.
“cBEYONData brings valuable scale and technical expertise to our strategic growth plan to expand our work supporting the business of government,” said SMX CEO Peter LaMontagne. “cBEYONData’s successful solutions at the ‘nexus of data and dollars’ is particularly relevant today as government executives and senior military leaders focus on financial transparency and accountability.”
Together, SMX and cBEYONData will support public sector customers with better visibility, operational efficiency and financial transparency, the company said.
“In SMX we have found the right partner to accelerate our growth into new areas while embracing our client and employee focused culture,” said cBEYONData CEO Dyson Richards. “SMX is a great fit for us based on their corporate philosophy and digital transformation acumen, and we see a very bright future together.”
Financial terms of the transaction were not disclosed. cBEYONData was a portfolio company of Bluestone Investment Partners.