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Business/Financial

GovCIO To Acquire Salient CRGT Creating $700 Million Federal IT Company

By Cal Biesecker

Friday, July 9th, 2021

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GovCIO To Acquire Salient CRGT Creating $700 Million Federal IT Company

GovernmentCIO, a provider of technology and digital solutions to the federal health information technology (IT) services market last Thursday said it agreed to acquire Salient CGGT (SCRGT) in a deal that will diversify the company’s customer base and create a $700 million company. GovCIO, which is based in Washington, D.C., is a portfolio company of Welsh, Carson, Anderson & Stowe (WCAS) and primarily serves the Department of Veterans Affairs. SCRGT, which is based in Northern Virginia, has customers in the…

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