Tuesday, January 16, 2007 8:00:00 AM PDT | VentureDeal Staff
WI -- The Potawatomi Business Development Corp
has acquired the Advancia Corporation, a provider of IT systems, engineering,
systems analysis and research to the federal government departments of defense
and homeland security.
The tribe intends to add the new acquisition to its current group of companies,
which include OneProspect Technologies, HCI Logistics and Potawatomi Design
Group, an architecture firm.
Terms of the transaction were not disclosed. Funding for the acquisition
comes from the tribe's gaming operations, which include the Potawatomi Casino
in Milwaukee, WI.
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