The engineering, construction and technical services firm URS Corp. [URS] this week said it has agreed to acquire federal information technology (IT) services provider Apptis Holdings, Inc., for $260 million in cash, providing it with an entr�e into the high end federal IT market. Apptis, which is based in Northern Virginia, had $298.2 million in sales last year and has about 1,000 employees. About 70 percent of the employees have security clearances with DoD. For URS, which did over $9…
URS To Acquire Federal IT Services Provider Apptis For $260 Million
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