article thumbnail

CBRE Group to Acquire J&J Worldwide Services for $800M; Steve Kelley & Sean Thompson Quoted

ExecutiveBiz

In addition to the initial purchase price, the deal has a potential earn-out of up to $250 million, payable in 2027 and subject to J&J meeting certain performance thresholds, the Austin, Texas-based mission support services provider said Monday.

article thumbnail

J&J Worldwide Services to be Acquired by CBRE Group

WashngtonExec

The initial purchase price is $800 million in cash, plus a potential earn-out of up to $250 million, payable in 2027 and subject to [.] J&J Worldwide Services, a portfolio company of Arlington Capital Partners, has entered into a definitive agreement to be acquired by CBRE Group, Inc.,

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

AWS Partners help public sector organizations harness the power of data

AWS Public Sector

The Worldwide IDC Global DataSphere Forecast, 2023–2027 , estimates that 129 zettabytes will be generated this year and will more than double by 2027. It can now quickly scale to add more data systems and sets without purchasing or managing new hardware.

Data 75
article thumbnail

Collaborative Frameworks update: June 2024

Scottish Government Procurement

Further information can be found here: Procurement – publishing, print and design (PPDAS) framework – 2018 – gov.scot (www.gov.scot) Electronic Purchasing Card (ePC) The existing Cat B contract for the Electronic purchasing card is due to expire on 31 July 2024.

article thumbnail

Three new story arcs of ‘As GSA’s Acquisition World Turns’

Federal News Network

And a new branch of the story line emerges with the release of the draft performance statement of work for the ASCEND cloud service blanket purchase agreement after “being in a coma” for almost 18 months. billion in 2027. The new player GSA had hoped to award the next generation Commercial Platform Initiative (CPI) contract before Dec.

Bidding 106
article thumbnail

“(Don’t) Let the Chips Fall Where They May”:  FAR Council Previews Proposed Rule Implementing the Covered Semiconductor Prohibition  

Government Contracts Legal Forum

The statutory deadline for a final rule is December 23, 2025, and the semiconductor prohibition will go into effect on December 23, 2027. The proposed contract clause imposes additional requirements on contractors that are “covered entities,” defined as those that develop or purchase semiconductors that are the products of U.S.-origin

article thumbnail

DoD is Making its List, and Checking it Twice: DoD Updates 1260H Chinese Military Companies List

Government Contracts Legal Forum

Section 805’s Entity Prohibition becomes effective on June 30, 2026, and its Goods and Services Prohibition becomes effective on June 30, 2027. The prohibitions do not extend to purchases of goods, services, or technology that connect goods or services to third party services (e.g.,

IT 40