- By Tribal Business News Staff
- Federal 8(a) Contracting
ASRC Federal, a government services subsidiary of Arctic Slope Regional Corp., announced last week that it had acquired Manassas, Va.-based Broadleaf Inc., a fast-growing defense contractor. Terms of the transaction were not disclosed.
Founded in 2009, Broadleaf has several prime government contract vehicles and provides information technology and professional services solutions to the Department of Defense and federal civilian agencies. The company, which is owned by a Native Hawaiian Organization, grew more than 655% over three years and was ranked 977th on the Inc. magazine’s 2022 list of the fastest-growing privately held companies.
The acquisition adds nearly 600 employees to ASRC Federal, which said the acquisition will deepen its presence in key U.S. Army commands, specifically Aberdeen Proving Ground, as well as the U.S. Navy and the Defense Counterintelligence and Security Agency. The deal also expands ASRC Federal’s portfolio with new DoD and Federal Civilian customers.
“This acquisition strengthens and expands our presence within key DoD agencies while also providing growth opportunities with new customers,” ASRC Federal President and CEO Jennifer Felix said in a statement.
The acquisition of Broadleaf follows ASRC Federal’s March announcement that it would buy the logistics and supply chain business of Reston, Va.-based Science Applications International Corp. (SAIC) for $350 million in cash.
ASRC Federal is a federal government services subsidiary of Arctic Slope Regional Corp., an Alaska Native corporation. ASRC Federal employs approximately 8,000 and operates across 44 states, districts and territories.