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Saalex Corp Acquires Spalding Consulting For $75M To Expand IT and Software Footprint

Saalex Corp., an engineering and informational technology services firm, is expanding its influence in the defense sector. According to a news release, the company has acquired Spalding Consulting — a software development, information technology (IT), and engineering services provider in the defense sector — for $75 million. The move is expected to accelerate Saalex Corp.’s annual revenue, which is now projected to be more than $175 million. “We’re starting off 2024 with great success,” Travis Mack, chairman and CEO of Saalex, said on LinkedIn. The acquisition brings significant rewards for Saalex, per the press release, as the company is now poised to see expansion and increase opportunity in the sector through Spalding’s clientele and 430 trained professionals boosting its number of employees to more than 1,200 across the United States. Additionally, Saalex’s visibility will increase in the East Coast region as it will be serving a key customer located at the Naval Air Warfare...

Samantha Dorisca

Jan 26, 2024