Tag: Robert Biscardi
NAV acquires Nexus for $2.8m cash
August 25, 2011Martha Entwistle
BRICK, N.J.—In a deal that NAV CEO Jason Oakley says will “double our operational capability and capacity across the tri-state region,” NAV on August 22 announced that it's acquiring Nexus Technologies.
NAV paid $2.8 million cash for Nexus, according to Tom McMillen, CEO of Homeland Security Capital Corporation, the former owner of Nexus.
HSCC had owned Nexus for five years. “We decided to sell Nexus because we're exiting the integration business, it's not core to what we're...
