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Kavaliro Staffing Services acquired a 58-person division from Salient Federal Solutions Inc. that provides workers to Fannie Mae. The division has $10 million in revenue. The deal closed Jan. 1; terms of the transaction were not announced.
“All the team members are going to be coming over to Kavaliro,” said Mark Moore, president of Kavaliro. “It’s a small team and everyone on that team has an incredible impact on the customer.”
The deal extends Kavaliro’s footprint into the Washington, D.C., and mid-Atlantic region and increases its technology and financial staffing business.
“It also opens doors for us to work with other non-defense-related government work as well,” said Moore.
Kavaliro is based in Orlando, Fla.
Salient, a contracting company focused on technology and engineering services, picked up the Fannie Mae business when it acquired ATS Corp. in early 2012.