Devon software firm acquired by global business

A  software engineering firm based in Plymouth has been acquired by a national operator.

CACI has acquired Plymouth-based IT firm Rowe IT for an undisclosed amount.

Established in 1975, CACI provides data and technology services and systems to customers in the UK and overseas.

Rowe IT is a software engineering, systems integration, data analytics and cloud technologies provider to the public sector was set up in 2008.

Jeet Khaira, managing director of CACI’s information and management systems division, said: “We are delighted to welcome the Rowe IT team and their exceptionally rigorous software engineering and data analysis mindset. Their important position in the government space, particularly in critical national infrastructure, is a mark of both their capability and calibre.

“We have common core values and a shared culture – a collaborative workstyle, a focus on solving real-world problems and a passion for deploying the best and most secure technology solutions for our clients. This makes Rowe IT a perfect fit and an important addition to our business.”

Gateley Legal advised on the deal led by corporate partner Andrew Peddie.

Sanjeev Gandhi, M&A Director at CACI, added: “It is always a pleasure working with Andrew and his team at Gateley. They consistently provide us with first rate commercial and pragmatic legal advice ensuring each and every transaction meets our objectives.”

Andrew Peddie said: “This transaction continues our long-standing role as advisers to CACI on their acquisitions. There is a strong synergy between CACI and Rowe IT, further strengthening CACI’s client footprint in its markets, and we look forward to hearing of their continuing combined success.”