Philadelphia investment bank eyes govcon opportunity as it expands to DC
The Washington Business Journal reports that Mufson Howe Hunter & Co. LLC, a leading Philadelphia-based investment bank, has opened its first office outside Philadelphia in Tysons, Virginia. The expansion aims to capitalize on the growing merger and acquisition activity in the government contracting sector. Led by industry veteran Joe Golden, the new 3,500-square-foot office will focus on M&A and capital-raising opportunities within the government contracting industry. This strategic move comes as the region experiences increased investor interest in defense and national security-focused technology firms. The expansion aligns with recent high-profile acquisitions in the area, including CACI International's $1.3 billion purchase of Azure Summit Technology, highlighting the sector's dynamic growth.
Add your content here
More posts like this
Army plans to cut PALT to six months, evergren for XmasArmy plans to cut PALT to six months, evergren for Xmas
October 24, 2024
Lockheed faces $700M delay in F-35 revenue as tech updates drag onLockheed faces $700M delay in F-35 revenue as tech updates drag on
October 24, 2024
GAO orders ODNI to reevaluate fin management contract amid Guidehouse protestGAO orders ODNI to reevaluate fin management contract amid Guidehouse protest
October 24, 2024
FCC’s 4.9 GHz decision sparks public safety debate, faces legal challengeFCC’s 4.9 GHz decision sparks public safety debate, faces legal challenge
October 24, 2024
HHS launches two programs to tackle AI in drug safety and vaccine designHHS launches two programs to tackle AI in drug safety and vaccine design
October 23, 2024
Hackers seize control of robot vacuums raising IOT security concernsHackers seize control of robot vacuums raising IOT security concerns
October 15, 2024
Boeing scrambles to raise cash, the other B word surfacesBoeing scrambles to raise cash, the other B word surfaces
October 15, 2024
T-Mobile to launch 5G-Advanced network by end of 2024T-Mobile to launch 5G-Advanced network by end of 2024
October 15, 2024
WBJ recognizes three fastest growing companies in DC area for 2024WBJ recognizes three fastest growing companies in DC area for 2024
October 14, 2024
VA uses ride-shares to help veterans make critical medical appointmentsVA uses ride-shares to help veterans make critical medical appointments
October 14, 2024