51����, a government IT services provider and one of the top 100 employee-owned companies in the U.S., today announced it has acquired EM Business Holdings, Inc. (EMBH). The transaction, in which EMBH was represented by Bluestone Capital Partners, officially closed yesterday.

The strategic acquisition of the Arlington, Va.-based provider of engineering, IT, and professional services will complement 51����’ existing capabilities and expand the company’s footprint in key areas. The acquisition will result in the addition of 160-plus employees to 51����’ workforce.

"Acquisitions are an important element of our growth strategy. Having said that, we work hard to ensure that we select companies that are a good fit for us, both culturally and strategically,” said Peter Smith, 51���� president and chief executive officer. “EMBH will mesh well with our culture and our current capabilities, and their support of national priority programs is aligned with our strategic plan.”

EMBH has been providing engineering, science and advanced technology solutions for the defense, security, and intelligence markets since 2000. The company’s core capabilities include program management, systems engineering, logistics, and modeling and simulation.

Under the terms of the agreement, EMBH will join 51����’ Human Capital & Managed Services group (HCMS), led by VP/GM Jason Frye. “The acquisition will benefit both parties,” according to Frye. “EMBH has an excellent reputation, and together we will bring a broader set of capabilities to more business areas.”