Author: Jane Edwards|| Date Published: April 5, 2018
Alvarez & Marsal Capital has acquired a controlling interest in Rockville, Maryland-based health information technology systems provider CNSI for an undisclosed sum.
Jack McCarthy, senior managing director and co-founder of A&M Capital, said in a statement published Wednesday CNSI™s proven results and technical leadership position the company for future growth in federal and state markets.
CNSI introduced in January a cloud-based platform, Medicaid Management System, in Michigan and won several government contracts including a potential $166 million contract to build a medical bill processing system for the Labor Department™s office of workers™ compensation programs and a $44 million contract to help the Department of Veterans Affairs™ financial services center update a health claims processing platform.
Baird™s government services group and Houlihan Lokey™s health care group served as CNSI™s adviser in the deal, while Kirkland & Ellis acted as A&M Capital™s legal counsel.
CACI International has secured a potential five-year, $416 million SeaPort-Next Generation task order to sustain and modernize information technology systems…
Cherry Bekaert has acquired accounting and advisory firm Tarsus to expand outsourced accounting, real-time financial reporting and strategic chief financial…
General Dynamics Information Technology has received a U.S. Navy contract worth $988 million to modernize and integrate command, control, communications,…
Dave Wajsgras, an eight-time Wash100 Award winner, has been named chairman and CEO of Everfox. The cybersecurity company said Monday that Wajsgras will…
The Transportation Security Administration has announced a contract opportunity with an estimated value exceeding $100 million for enterprise-wide IT support…
Alvarez & Marsal Capital has acquired a controlling interest in Rockville, Maryland-based health information technology systems provider CNSI for an undisclosed sum.
