PAE's latest 'white space' acquisition eyes new vehicles

| Washington Technology

PAE is back in business as one of the government market’s most serial acquirers with two deals now in the works, including the latest one announced before financial markets opened Monday.

Falls Church, Virginia-based PAE has agreed to pay $92 million in cash to acquire Metis Solutions, a provider of intelligence analysis and other mission support services to federal agencies. Both companies expect to close the transaction before the year ends.

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