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.
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