The federal consulting firm LMI on Tuesday said it has acquired The Tauri Group, a government services company, in a deal that boosts its technical capabilities in several areas and expands its offerings to the defense and homeland security space.
Terms of the deal were not disclosed. The Tauri Group has about 155 employees and LMI has 1,400 employees. Blue Delta Capital Partners was an investor in The Tauri Group.
LMI, which is based in Northern Virginia, said that The Tauri Group’s technical and scientific expertise complements and enhances its capabilities in advanced analytics, logistics, digital services and management advisory services. The Tauri Group also has capabilities in the life sciences with Defense Department medical programs and the Food and Drug Administration that will broaden LMI’s expertise so that it can deliver more comprehensive solutions to its clients.
“This acquisition combines complementary portfolios that enable us to accelerate innovation to better serve our customers,” Tamara Jack, chief legal officer and head of corporate development at LMI, said in a statement.
The Tauri Group, which is also based in Northern Virginia, in January, said it won four task orders worth nearly $60 million from the Joint Program Executive Office for Chemical, Biological, Radiological and Nuclear Defense, expanding its work with the office. The awards were made on the Joint Enterprise Omnibus Professional Engineering and Technical Support contract vehicle.
LMI said that The Tauri Group’s leadership will continue working with its clients through the integration into LMI.
LMI said neither company used financial advisers for the transaction.