ManTech Enters the Healthcare IT Market with Acquisition of Evolvent Technologies

ManTech International Corporation MANT today completed the acquisition of Evolvent Technologies, Inc. of Herndon, Va., a focused healthcare-systems integrator with particular strength in federal healthcare systems. Evolvent provides services in clinical IT, clinical business intelligence, imaging cyber security, behavioral health, tele-health, software development, and systems integration. Its systems and processes enable better decision-making at the point of care and full integration of medical information across different platforms. ManTech expects the acquisition to contribute solid growth and operating margins and be accretive to its earnings per share in 2012. The acquisition will enable ManTech to deliver information technology solutions through Evolvent's existing relationships with DoD Health organizations, the Veterans Administration and the Department of Health and Human Services. Evolvent will become part of ManTech's Systems Engineering & Advanced Technology (SEAT) group.