Washington area business diary for week of Aug. 13

Short takes on the week's announcements and deals.

Acquisitions

Gaithersburg-based software developer BroadSoft said it has acquired the assets of Spring, Tex.-based hosted Internet telephone service provider Adaption Technologies Ventures. Terms were not disclosed.

McLean-based Primus Telecommunications Group said it has acquired the remaining 54.4 percent of Toronto-based Globility Communications that it did not own, resulting in 100 percent ownership. Terms were not disclosed.

Arlington-based corporate strategy firm Corporate Executive Board said it has completed its previously announced $660 million acquisition of Surrey, England-based SHL, which develops talent measurement and management tools.

Rockville-based private investment firm Leading Ridge Capital Partners said it has acquired Wilmington, Mass.-based computer parts and repair company Blue Raven Technology. Terms were not disclosed.

District-based private equity firm Carlyle Group said it is buying Los Angeles-based investment manager TCW Group from France-based bank Societe Generale in a deal that will give TCW managers and employees a 40 percent stake. Terms were not disclosed.

Alexandria-based technology and management contractor DCS Corp. said it is to acquire Waltham, Mass.-based engineering research and development company Infoscitex. Terms were not disclosed.

Contracts

Prince Frederick-based direct marketing company DirectMail.com said it has signed a two-year contract with Reston-based National Wildlife Federal to handle the nonprofit’s associate member renewals and acknowledgments direct mail program.

Herndon-based technology contractor GTSI said it has won a contract to upgrade surveillance systems and supporting infrastructure at Miami International Airport.

Columbia-based communications firm ADG Creative said it has added Abingdon, Md.-based day care chain Kiddie Academy and Hanover-based consulting and engineering firm National Security Partners as clients.

Funding

Columbia-based real estate investment trust Corporate Office Properties Trust said it has taken out a $120 million, seven-year term loan with an option to expand it to $200 million. COPT said it has used the money to repay outstanding balances on a $1 billion unsecured line of credit it received in September 2011.

Sterling-based Fixmo, a developer of mobile risk management technology, said it has received an investment from Schaumburg, Ill.-based telecommunications equipment company Motorola Solutions. Terms were not disclosed.

— Compiled by Shawn Selby

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