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Tuck-in M&As continued despite the pandemic and the pending US elections today, with Belcan, AFRY, and Semcon active in the past week.
Belcan strengthened its software engineering capabilities with the acquisition of Base2 Solutions, a firm headquartered in Bellevue, WA and with an office in California. Base2 has a similar client base to Belcan, with major clients including Boeing, Thales, and L3Harris in aerospace and defense.