Octo Acquires Digital Transformation Leader B3 Group

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The B3 Group acquisition expands Octoโ€™s innovative modernization offerings to all three major federal health markets.

Octo, the premier pure-play IT modernization provider for the Federal Government, announced today that it has acquired privately held, Herndon-based B3 Group, Inc. (B3), which provides enterprise-level application modernization leveraging low-code/no-code software and platforms such as Salesforce, Microsoft Power Platform, Pega, and ServiceNow; large-scale data governance, integration and analytics; and cloud engineering and operations to federal healthcare customers.

B3 has 13 years of experience partnering with the U.S. Department of Veterans Affairs (VA) to improve patient experience and health outcomes for veterans. This acquisition expands Octoโ€™s current federal health footprint from the U.S. Department of Health and Human Services (HHS) and the Defense Health Agency (DHA) to include the VA, and bolsters Octoโ€™s position as a major IT modernization services provider to these major federal health customers. The addition of B3โ€™s marquee programs, including the $686 million Digital Transformation Center (DTC) contract, expands the technical modernization expertise Octo provides at scale to its existing federal civilian, homeland security, defense, and intelligence customers.

Both B3 and Octo have a history of driving innovation on behalf of their customers. B3โ€™s Digital Transformation and Modernization (DTM) lab will augment Octoโ€™s recently expanded oLabsโ„ข environment. Housed in a 14,000 square foot facility in Reston, Virginia, oLabs is one of the largest D.C. metro area centers dedicated to Federal Government R&D, containing more than 15 petaflops of AI computer power and two petabytes of FlashBlade storage available to existing customers โ€“ and now the VA โ€“ to power emerging technology research and product development to improve mission effectiveness.

โ€œWe are ecstatic B3 is joining the Octo family,โ€ said Octo CEO, Mehul Sanghani. โ€œOctoโ€™s differentiation lies in its ability to provide pure-play modernization capabilities and proven past performance at a scale and breadth that is unmatched. The addition of B3 further expands that differentiation, adding proven digital transformation capabilities with low-code/no-code technologies, more than 350 highly certified professionals, and over $1 billion of proven task order past performance delivering digital transformation solutions in key markets. These capabilities and proven performance combined with Octoโ€™s highly certified personnel and innovative product suites, will enable current and future federal customers to better serve citizens, active-duty military, and veterans. Now with even deeper experience across the health space added to our defense, intelligence, national security, and civilian customer base, Octo has greatly enhanced its position to serve as the Federal Governmentโ€™s complete, end-to-end digital modernization partner.โ€

โ€œJoining Octo allows us to enhance our offerings to our customers through a more robust set of solutions and provide greater career opportunities to our employees,โ€ said B3 CEO, Dwight Hunt. โ€œAs B3 and Octo began to collaborate, we collectively realized that our commitment to improving digital services to the VA and the broader federal health community will turbocharge the solutions we deliver to our nationโ€™s veterans and those that support them. Our corporate philosophies and values strongly align, which makes us even more excited to join forces with Octo and create a new vision for the future.โ€

Octoโ€™s General Manager of Federal Health, Charlie McQuillan, said, โ€œThe addition of B3โ€™s low-code/no-code solutions and talented employee base expands Octoโ€™s ability to deliver effective and efficient health solutions. In turn, Octoโ€™s robust technical staff and offerings will enhance services available to B3โ€™s customer base, including the VA. We look forward to working as a unified team, bringing the best of modernization to the Federal Government.โ€

Michael Lustbader, a Managing Partner of Arlington Capital Partners, said, โ€œB3 adds differentiated capabilities in low-code/no-code software development to the suite of Octoโ€™s solutions. We look forward to serving the U.S. Department of Veterans Affairs, bringing these expanded capabilities to our existing customers, partnering with B3โ€™s management, and investing behind their modernization growth vectors.โ€

B3โ€™s leadership will remain with the company and expand Octoโ€™s Health business to drive continued growth and customer success.

About Octo

Octo is a technology firm dedicated to solving the Federal Governmentโ€™s most complex challenges, enabling agencies to jump the technology curve. We donโ€™t just modernize. We create lasting change through best practices that help agencies implement and integrate at-scale next-generation technology and innovation. With a mission and service first mentality, we provide Agile, DevSecOps, Artificial Intelligence, Cybersecurity, Blockchain, Cloud, Open Source, and Data Science solutions, collaborating to solve customersโ€™ pressing problems. Headquartered in Reston, Virginia, Octo delivers proven technology vital to the intelligence community and health care, defense, national security, and civilian agencies that directly impact our nation. Visit octoconsulting.com to learn more.

About B3

B3 is an IT transformation firm specializing in digital services and technology solutions that impact the lives of veterans. B3 manages large-scale digital transformation platforms and provides services facilitated through its technology partnerships. Founded in 2008 on the principles of servant leadership, B3 has been recognized annually by Inc. 5000 for its strategic growth and was recently named a 2021 Washington Post Top Workplace. B3 brings its foundational values of innovation, collaboration, and integrity to every interaction with its stakeholders: employees, government, and partners. Visit b3groupinc.com to learn more.

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