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DELTEK BUYS GOV BIZ

Deltek logoDeltek rambled along the acquisition trail with the pickup for Washington Management Group, which owned FedSources and FedSources Consulting, for $26 million in cash. The acquired operation had an estimated $15 million in revenue for the year ended March 31. This is another Deltek purchase that is aimed at cornering more market intelligence, along with consulting services for government contractors. WMG and its ops help identify and validate more than 3,500 government business opportunities.
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