News About PSS


TYSONS CORNER, Va.--(BUSINESS WIRE)--Preferred Systems Solutions, Inc. (PSS), a portfolio company of CM Equity Partners (“CMEP”), announced that it recently appointed Randy Morgan as CEO and member of the PSS Board of Directors. In addition, PSS has announced that Jim Ballard, current CEO and Board member, will transition to Chairman of the Board.


TYSONS CORNER, Va.--(BUSINESS WIRE)--Preferred Systems Solutions, Inc. (PSS) secured a record $85M in new prime and subcontract awards in the past four months to support both current and new clients across the Defense, Intelligence and Civilian markets. These awards result in a PSS book-to-bill ratio of 5.4 to 1 for the 3rd quarter. The awards, 85% of which are prime, include both new and re-compete contracts and add eight new customers to PSS’s business portfolio. PSS will be providing software engineering & development, high-performance data analytics & cloud-based solutions to the US Transportation Command, the Defense Logistics Agency, the National Geospatial Agency, the Defense Intelligence Agency, and several other intelligence community organizations. PSS will also be providing program management and critical operational support to the Department of Homeland Security and the National Institutes of Health programs.


TYSONS CORNER, Va.--(BUSINESS WIRE)--Preferred Systems Solutions, Inc. (PSS) enters CY 2018 with a strong backlog of new contract wins across our Intelligence Community, Homeland Security, and Defense markets with a projected contract value in excess of $200 million. The contracts are a mix of new full & open awards, extensions, and re-competes awarded by six different customers. The awards in the Intelligence Community include providing software development, high performance data analytics, cybersecurity, cloud-based solutions, and program & acquisition management support to a broad spectrum of critical national security programs. The awards in Homeland Security and Defense involve delivering agency-wide, program management support and full-life cycle acquisition management support services.


MCLEAN, Va.--(BUSINESS WIRE)--Preferred Systems Solutions, Inc. (PSS) was recognized as the 2017 Private Company Deal Team of the Year by ACG National Capital.

PSS was selected from a pool of the most accomplished and successful deal teams in the D.C. business community by the 2017 Corporate Growth Awards Committee. The award was presented at a black tie gala on May 11, 2017.


TYSONS CORNER, Va.--(BUSINESS WIRE)--Government Contract Solutions (GCS), a wholly-owned subsidiary of Preferred Systems Solutions, Inc. (PSS), has been selected by the Federal Bureau of Investigation (FBI) to provide agency-wide full lifecycle acquisition support services under a five (5)-year, single-award contract.


RESTON Va., Feb. 21, 2017 (GLOBE NEWSWIRE) -- STG Group, Inc. (OTCQB:STGG), (the “Company” or “STG”), a leading provider of mission-critical technology, cyber, and data solutions to the U.S. Government, today announced that it has entered into a definitive merger agreement to acquire Preferred Systems Solutions, Inc. (PSS) for a total consideration of approximately $119 million. STG Group intends to fund the purchase price with a combination of debt and equity financing. STG Group expects the transaction to close during the first quarter of 2017, subject to customary closing conditions, including regulatory review.


TYSONS CORNER, Va.--(BUSINESS WIRE)--Preferred Systems Solutions (PSS), today announced its acquisition of Synaptic Solutions, an advanced technology services provider to the Intelligence Community (IC). With its sixth acquisition in the past 30 months, PSS has significantly expanded its professional services core capabilities


The finalists for this year’s Greater Washington Government Contractor Awards were announced in September and WashingtonExec is bringing you its annual series with the nominees.  The Northern Virginia Chamber of Commerce and Professional Services Council have unveiled the finalists for the 14th Annual Greater Washington


Looking to grow through acquisition? Few mid-sized companies offer as solid a playbook as Preferred Systems Solutions.  In its 25-year history, the McLean, Va.-based government contracting firm has grown in leaps and bounds, from its early days as a commercial staffing agency and later, as an 8(a) business, into what it is


As we looked at the 80 mergers and acquisitions that closed during 2015, one deal quickly emerged as the favorite among our panel of experts.  It wasn’t the biggest deal of the year as measured by dollars, though it was quite large. But the unusual deal that was crafted by Computer Sciences Corp. and SRA International was a game


TYSONS CORNER, Va.--(BUSINESS WIRE)--Preferred Systems Solutions (PSS), today announced its acquisition of Tetra Concepts, an Intelligence Community-focused system architecture and software design firm. With its fifth acquisition in less than two years, PSS has significantly expanded its professional services core capabilities


TYSONS CORNER, Va.--(BUSINESS WIRE)--Preferred Systems Solutions (PSS), a Tysons Corner-based provider of Information Technology, Enterprise Resource Planning (ERP), Program Management, and Financial Consulting services, today announced its acquisition of Government Contract Solutions Inc (GCS). GCS supports