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A Look at 2005's Top IT Deals
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Investment bank: Goldman Sachs & Co. and UBS Securities LLC for CSC
Why it's a big deal: Veritas continues to show it has an appetite for government-related acquisitions. In 2004, the company acquired McNeil Technologies Inc. of Springfield, Va., as an IT platform. When Veritas acquired parts of DynCorp, it created a second platform for government services business. The plan is for DynCorp to go public, returning a familiar name to the market as an independent entity. DynCorp had a 50-plus year history as a government contractor.
No. 5.
Buyer: Serco Group PLC, Hampshire, England
Seller: RCI Holding Corp., Vienna
Purchase price: $215 million
Closing date: March 21
Investment bank: Legg Mason Wood Walker Inc. for RCI
Why it's a big deal: This was a successful exit for RCI's owner, private equity group CM Equity Partners of New York. The deal also was Serco's entry into the U.S. federal market -- Serco North American Inc. was already working with state and local governments. With RCI, Serco picks up a strong defense business; 75 percent of RCI's $289 million in annual revenue comes from military customers.
For the full list of the top 10 mergers and acquisitions and more detail on the deals, go tohttp:/
*The panel of experts: John C. Allen and J. Richard Knop, BB&T Capital Markets/Windsor Group; Donald Blair, Raymond James & Associates Inc.; Charles H. Chappell, Minuteman Ventures LLC; William Farmer, Jefferies Quarterdeck LLC; Jerry Grossman and Paul Serotkin and Robert Kipps, Houlihan Lokey Howard & Zukin LLC; Kerry Hall, Grant Thornton LLP; Mark Moore, Longstreet Partners LLC; Thomas Peltier, Stifel Nicolaus & Co.; and Robert Rubin, National Capital Cos.
