DHI Group Acquires Point Solutions Group For Estimated Purchase Price Of $5.5M
Benzinga Newsdesk 8 months ago
M&ANews
Professional services firm delivers technology, engineering, and talent solutions in the aerospace, cybersecurity and other U.S. defense marketsDHI Group, Inc. (NYSE:DHX) today announced it has acquired Point Solutions
Professional services firm delivers technology, engineering, and talent solutions in the aerospace, cybersecurity and other U.S. defense markets
DHI Group, Inc. (NYSE:DHX) today announced it has acquired Point Solutions Group, an engineering and technology professional services firm focusing on defense contracting and government staffing. The acquisition marks another significant milestone in advancing DHI's ClearanceJobs' brand strategy offering a total solution in the government contracting space.
Transaction Details:
DHI Group, Inc. acquired Point Solutions Group for an estimated purchase price of $5.5 million, which includes an up-front payment of $5.0 million in cash and another $0.5 million that may be earned within one year of the purchase date upon achieving certain revenue thresholds in 2026.