Like Potomac Management Group, Inc.

closed 8/31/2007 via

Advanced Technology Systems, Inc., acquired Potomac Management Group, Inc.

synopsis: ATS Corporation, a leading information technology company that delivers innovative technology solutions to federal, state, and local government organizations, announced the signing of a definitive agreement to acquire Potomac Management Group, a provider of maritime security consulting and information technology to the U.S. federal government.
buyer: Advanced Technology Systems, Inc. (ATSC:$0.00)
Advanced Technology Systems, Inc. is a leading provider of systems integration and application development, IT infrastructure management and strategic consulting services to U.S. federal and state and local government agencies, financial institutions and government sponsored enterprises. "
target: Potomac Management Group, Inc.
Potomac Management Group, Inc. (PMG) provides maritime security and safety consulting to government and commercial organizations world-wide. PMG is a dynamic small business headquartered in Alexandria, VA, with more than 175 talented professionals in over 20 cities throughout the US.
price ($mm)
$18
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/22/2018 via BusinessWire

Alion Science and Technology Corporation, acquired MacAulay-Brown, Inc.

synopsis: Alion Science and Technology Corporation, a portfolio company of Veritas Capital, announced the completion of its previously announced acquisition of MacAulay-Brown, Inc. (“MacB”). MacB solves many of the Nation’s most complex National Security challenges.
buyer parent: Veritas Capital Partners
buyer: Alion Science and Technology Corporation
Alion bridges invention and action to support military readiness from the lab to the battle space. Their engineers, technologists, and program managers bring together an agile engineering methodology and the best tools on the market to deliver mission success faster and at lower costs. "
target: MacAulay-Brown, Inc.
MacAulay-Brown, Inc. (MacB) solves many of the Nation’s most complex National Security challenges. They are committed to delivering critical capabilities in the areas of Intelligence and Analysis, Cybersecurity, Secure Cloud Engineering, R&D, Integrated Laboratories and Information Technology.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/28/2008 via PR Newswire

Raytheon Company, acquired Telemus Solutions, Inc.

synopsis: Raytheon Company has acquired Telemus Solutions, Inc., a provider of information security, intelligence and technical services to defense, intelligence and other federal customers. Terms of the transaction were not disclosed.
buyer: Raytheon Company (RTN:$62,297.00)
Raytheon Company is a technology leader specializing in defense, homeland security and other government markets throughout the world. Raytheon provides state-of-the-art electronics, mission systems integration and other capabilities. "
target: Telemus Solutions, Inc.
Telemus Solutions is a global security consulting and intelligence advisory services provider. We are well into our second decade of advising private companies and government agencies in the global marketplace.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 2/21/2008 via BusinessWire

Kratos Defense & Security Solutions, Inc., will acquire SYS Technologies

synopsis: SYS Technologies, Inc., a leading provider of information connectivity solutions that enable situational awareness and real-time collaboration, has entered into a definitive merger agreement with Kratos Defense & Security Solutions, Inc., a leading national defense and security solutions provider, in an all-stock transaction.
buyer: Kratos Defense & Security Solutions, Inc. (KTOS:$723.10)
Kratos Defense & Security Solutions, Inc. provides mission critical engineering, IT services and war fighter solutions for the U.S. federal government and for state and local agencies. "
target parent: General Atlantic, LLC
target: SYS Technologies
SYS Technologies (AMEX: SYS) is a leading provider of information connectivity solutions that capture, analyze and present real-time information to our customers in the Department of Defense, Department of Homeland Security, other government agencies and large industrial companies.
price ($mm)
$55
rev ($mm)
$79
EBITDA ($mm)
$2
EV / rev
0.7x
EV / EBITDA
27.3x
closed 3/13/2007 via PR Newswire

QinetiQ North America Operations LLC, acquired Analex Corporation

synopsis: QinetiQ Group plc announced the expiration of the previously announced tender offer for all outstanding shares of Analex Corporation. The number of shares tendered represents approximately 97% of the shares issued and outstanding, including shares issued and outstanding upon conversion of preferred stock and convertible notes.
buyer: QinetiQ North America Operations LLC (LSE:QQ:$1,588.51)
QinetiQ is a leading international defense and security technology company. QinetiQ today has over 11,400 employees in the UK and U.S., who deliver technology-based services and solutions. QinetiQ North America is operated under a separate U.S. proxy Board. "
target: Analex Corporation
Analex specializes in providing intelligence, systems engineering and security services in support of our nation's security. Analex developes innovative technical approaches for the intelligence community, analyzes and supports defense systems and designs aerospace systems for the U.S. Government.
price ($mm)
$193
rev ($mm)
$155
EBITDA ($mm)
$15
EV / rev
1.2x
EV / EBITDA
12.8x
closed 1/7/2013 via PR Newswire

Vistronix, LLC, acquired Technology Associates International Corporation

synopsis: Vistronix, LLC, a leading mid-tier national security company, announced it has completed the acquisition of Technology Associates International Corporation. Technology Associates provides information technology support services to the Marine Corps, Navy, Air Force, Department of Health and Human Services and U.S. Strategic Command.
buyer: Vistronix, LLC
Vistronix is a customer-focused professional services company with a 22-year history of successfully delivering innovative, enterprise technology solutions for some of the largest federal government agencies. "
target: Technology Associates International Corporation
Technology Associates International Corporation is a technical, professional services company providing state-of-the-art solutions to federal, state and local government customers.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/1/2010 via AP - Associated Press

Harris Corporation, purchased Situational Awareness Business from OSI Geospatial, Inc.

synopsis: Harris Corporation, an international communications and information technology company, has acquired the technology assets of OSI Geospatial Inc.'s land-based, situational awareness business. With this acquisition, Harris gains advanced software for capturing, viewing and disseminating critical strategic and tactical information.
buyer: Harris Corporation (HRS:$7,410.00)
Harris Corporation is an international communications equipment company focused on providing product, system, and service solutions for commercial and government customers. "
seller: OSI Geospatial, Inc.
OSI Geospatial has been an innovator in the situational awareness market since their founding in 1977. They provide navigation and command & control systems to military and security customers worldwide.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/16/2009 via BusinessWire

A-T Solutions, Inc., acquired Trancite Logic Systems

synopsis: A-T Solutions Inc., an industry-leading anti- and counterterrorism professional services firm based in Fredericksburg, Va., announced that it has acquired Trancite Logic Systems, an information technology company based in Boise, ID, that specializes in anti-terrorism technology solutions for federal, state and local law enforcement organizations.
buyer parent: CoVant Management, Inc.
buyer: A-T Solutions, Inc.
Founded in 2002 in Fredericksburg, VA, A-T Solutions has become the foremost provider of training, education and consulting services to the military on explosive ordnance disposal techniques and weapons of mass destruction. "
target: Trancite Logic Systems
With a team of professional software engineers, Trancite Logic Systems offers core technologies such as electronic diagramming and field reporting software, IT system analysis, and database solutions.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/1/2016 via BusinessWire

CACI International, Inc., acquired L-3 National Security Solutions, Inc.

synopsis: CACI, a company that provides IT solutions to the defense industry, announced that it has completed its acquisition of L-3 National Security Solutions, Inc., a company that provides highly specialized and differentiated strategic solutions, services, and products for the country’s most sensitive national security agencies and DoD critical missions.
buyer: CACI International, Inc. (CACI:$5,183.87)
CACI International provides professional services and IT solutions needed for defense, intelligence, homeland security, and IT modernization and government transformation. CACI delivers enterprise IT and network services; data, information, & knowledge management services, and many others solutions."
target parent: L-3 Communications Holdings
target: L-3 National Security Solutions, Inc.
L-3 National Security Solutions, Inc. provides highly specialized and differentiated strategic solutions, services, and products for the country’s most sensitive national security agencies and DoD critical missions.
price ($mm)
$550
rev ($mm)
$1,000
EBITDA ($mm)
EV / rev
0.6x
EV / EBITDA
closed 9/8/2010 via PR Newswire

Wyle, Inc., acquired CAS, Inc.

synopsis: Wyle Inc., a leading provider of high tech systems engineering, testing and information technology services, announced completion of the acquisition of CAS, Inc., a division of ITT Corporation. CAS is a premier Huntsville-based provider of systems engineering and technical assistance services to the U.S. Department of Defense.
buyer parent: Court Square Capital Partners
buyer: Wyle, Inc.
Wyle, a privately held company, is a leading provider of high tech aerospace engineering, testing and research services to government and industrial customers. The company also provides life sciences services, special test systems and other technical support services to various industries. "
target parent: ITT Corporation
target: CAS, Inc.
CAS, Inc. provides service throughout the Department of Defense, specializing in the full range of weapon system support and analysis. Their services sustain theater missile defense, air defense, aviation and land-combat missile systems.
price ($mm)
$235
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/14/2015 via BusinessWire

L-3 Communications Holdings, acquired ForceX, Inc.

synopsis: L-3 Communications, a prime contractor in aerospace systems and national security solutions, announced its acquisition of ForceX, Inc., an industry leader specializing in ISR mission management software and geospatial application technology programs.
buyer: L-3 Communications Holdings (LLL:$9,623.00)
L-3 employs approximately 45,000 people worldwide and is a prime contractor in aerospace systems and national security solutions. L-3 is also a leading provider of a broad range of communication and electronic systems and products used on military and commercial platforms. "
target: ForceX, Inc.
ForceX is a rapidly growing Department of Defense contractor and an industry leader in Intelligence, Surveillance and Reconnaissance (ISR) software development and geospatial application technology programs.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/22/2010 via Market Wire

Cubic Corporation, acquired Abraxas Corporation

synopsis: Cubic Corporation announced that it has completed its acquisition of Abraxas Corporation, a privately held national security and cyber security services provider based in Herndon, Virginia.
buyer: Cubic Corporation (CUB:$1,496.48)
Cubic Corporation is the parent company of three major business segments: Defense Systems, Mission Support Services and Transportation Systems. Cubic Defense Systems is a leading provider of realistic combat training systems, cyber technologies, asset tracking solutions, and defense electronics. "
target: Abraxas Corporation
Abraxas develops special technology and implements trusted unique technical solutions to address the global challenges faced by the national security community today and those that it will face in the future.
price ($mm)
$124
rev ($mm)
$60
EBITDA ($mm)
EV / rev
2.1x
EV / EBITDA
closed 11/2/2006 via BusinessWire

IceWEB Communications, Inc., purchased Federal Government Business operations from True North Solutions

synopsis: IceWEB, Inc., a leading provider of Hosted Microsoft Exchange services, enterprise software and network security infrastructure services, has acquired the Federal Government Business operations of True North Solutions, Inc. a wholly-owned subsidiary of American Systems Corporation.
buyer: IceWEB Communications, Inc. (IWEB:$2.68)
Through its own suite of proprietary offerings and in partnership with numerous global technology leaders, IceWEB, Inc. delivers advanced hardware, software, solutions and online services to U.S. government agencies, enterprise companies, small to medium sized businesses and tech-savvy consumers. "
seller parent: American Systems Corporation
seller: True North Solutions
True North is a leading information security solutions provider serving both government and commercial clients. We help clients manage information security risks through comprehensive, ongoing information security consulting, design, implementation, training and support.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/7/2010 via BusinessWire

ManTech International Corporation, acquired MTCSC, Inc.

synopsis: MTCSC, Inc., a provider of Command, Control, Communications, Computers, Intelligence, Surveillance and Reconnaissance (C4ISR) systems integration, cyber security and network engineering solutions to U.S. government has been acquired by ManTech International Corporation.
buyer: ManTech International Corporation (MANT:$2,484.01)
ManTech is a leading provider of innovative technologies and solutions for mission-critical national security programs for the intelligence community; the Departments of Defense, State, Homeland Security and Justice; the space community; and other U.S. federal government customers. "
target: MTCSC, Inc.
MTCSC provides flexible engineering and systems integration services that help customers solve their toughest, thorniest, most intractable problems. National defense and homeland security clients depend on their rapid, cost-effective development of advanced technology.
price ($mm)
$75
rev ($mm)
$83
EBITDA ($mm)
EV / rev
0.9x
EV / EBITDA
announced 6/1/2017 via PR Newswire

Enterprise Security, Inc., will acquire Pre-venTronics

synopsis: Enterprise Security, Inc., a growth-focused security integrator, announced that it has officially signed agreements to acquire Preventronics in Tucson, AZ, a 25-year-old firm that is a national 2050 UL certified systems integrator specializing in government and commercial markets.
buyer: Enterprise Security, Inc.
Enterprise Security, Inc. was formed to facilitate the convergence of physical security and information technology. At their core, they are an IT organization specializing in the design, installation, and maintenance of integrated security systems, servers, and custom software solutions. "
target: Pre-venTronics
Pre-venTronics is a seasoned security company that provides design-build and build-only security systems that incorporates both the software and hardware into a commercial or industrial application.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/20/2010 via BusinessWire

Computer Sciences Corporation, acquired CenTauri Solutions, LLC

synopsis: Computer Science Corp. announced that it has acquired CenTauri Solutions, LLC. CenTauri provides information technology systems and services, systems engineering and intelligence analysis, as well as intelligence, surveillance and reconnaissance (ISR) solutions that serve the national security and intelligence communities.
buyer: Computer Sciences Corporation (DXC:$18,892.00)
Computer Sciences Corporation (CSC) is a global leader in providing technology-enabled solutions and services through three primary lines of business. These include Business Solutions & Services, the Managed Services Sector and the North American Public Sector. "
target: CenTauri Solutions, LLC
CenTauri Solutions provides a wide range of professional services to the Intelligence, Defense and Homeland Security communities. The company focus is to make a difference by providing exceptional service to customers who are doing work of vital importance to national security.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/15/2011 via BusinessWire

BAE Systems, acquired L-1's Intelligence Services Group

synopsis: BAE Systems has completed its acquisition of L-1 Identity Solutions, Inc.’s Intelligence Services Group, which is comprised of SpecTal, LLC, Advanced Concepts, Inc., and McClendon, LLC. This acquisition reflects BAE Systems’ global strategy to enhance and grow its business in the area of customer support and services.
buyer: BAE Systems (BAESF:$25,171.95)
BAE Systems is a global defense, security and aerospace company. The Company delivers a full range of products and services for air, land and naval forces, as well as advanced electronics, security, information technology solutions and customer support and services. "
target parent: L-1 Identity Solutions
target: L-1's Intelligence Services Group
SpecTal, LLC provides specialized security and intelligence consulting. Advanced Concepts, Inc. specializes in the areas of Information Technology Solutions. McClendon, LLC. delivers trusted engineering and analytical services to the Department of Defense and Intelligence Community.
price ($mm)[EV]
$296 [$303]
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/31/2007 via

Advanced Technology Systems, Inc., acquired Potomac Management Group, Inc.

synopsis: ATS Corporation, a leading information technology company that delivers innovative technology solutions to federal, state, and local government organizations, announced the signing of a definitive agreement to acquire Potomac Management Group, a provider of maritime security consulting and information technology to the U.S. federal government.
buyer: Advanced Technology Systems, Inc. (ATSC:$0.00)
Advanced Technology Systems, Inc. is a leading provider of systems integration and application development, IT infrastructure management and strategic consulting services to U.S. federal and state and local government agencies, financial institutions and government sponsored enterprises. "
target: Potomac Management Group, Inc.
Potomac Management Group, Inc. (PMG) provides maritime security and safety consulting to government and commercial organizations world-wide. PMG is a dynamic small business headquartered in Alexandria, VA, with more than 175 talented professionals in over 20 cities throughout the US.
price ($mm)
$18
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/30/2012 via PR Newswire

ATS Corporation merged with Salient Federal Solutions,

synopsis: ATS Corporation, and Salient Federal Solutions, Inc., a leading provider of information technology, engineering, and intelligence analytic services to agencies in the intelligence, defense, homeland security, and cyber domains, announced that they have finalized their merger.
buyer parent: Frontenac Company LLC
buyer: Salient Federal Solutions
Salient Federal Solutions is a leading provider of Federal IT and engineering solutions that enable government and industry to respond quickly to new or surge mission requirements with exactly the right people, skills, expertise and technical solutions. "
target: ATS Corporation
ATS Corporation is a provider of software and systems development, systems integration, infrastructure management and outsourcing, information sharing, and consulting to the Department of Defense, federal civilian agencies, public safety and national security customers.
price ($mm)[EV]
$74 [$76]
rev ($mm)
$91
EBITDA ($mm)
$10
EV / rev
0.8x
EV / EBITDA
7.6x
closed 11/12/2007 via BusinessWire

Advanced Technology Systems, Inc., acquired Number Six Software

synopsis: ATS Corporation, a leading information technology company that delivers innovative technology solutions to federal, state, and local government organizations, has completed the previously announced acquisition of Number Six Software, Inc. a provider of application development and information technology consulting.
buyer: Advanced Technology Systems, Inc. (ATSC:$0.00)
Advanced Technology Systems, Inc. is a leading provider of systems integration and application development, IT infrastructure management and strategic consulting services to U.S. federal and state and local government agencies, financial institutions and government sponsored enterprises. "
target: Number Six Software
Number Six Software delivers information technology governance, software process improvement and custom application development to both commercial and government customers.
price ($mm)[EV]
$30 [$36]
rev ($mm)
$33
EBITDA ($mm)
$4
EV / rev
1.1x
EV / EBITDA
10.0x
closed 8/31/2007 via

Advanced Technology Systems, Inc., acquired Potomac Management Group, Inc.

synopsis: ATS Corporation, a leading information technology company that delivers innovative technology solutions to federal, state, and local government organizations, announced the signing of a definitive agreement to acquire Potomac Management Group, a provider of maritime security consulting and information technology to the U.S. federal government.
buyer: Advanced Technology Systems, Inc. (ATSC:$0.00)
Advanced Technology Systems, Inc. is a leading provider of systems integration and application development, IT infrastructure management and strategic consulting services to U.S. federal and state and local government agencies, financial institutions and government sponsored enterprises. "
target: Potomac Management Group, Inc.
Potomac Management Group, Inc. (PMG) provides maritime security and safety consulting to government and commercial organizations world-wide. PMG is a dynamic small business headquartered in Alexandria, VA, with more than 175 talented professionals in over 20 cities throughout the US.
price ($mm)
$18
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/16/2007 via

Federal Services Acquisition Corporation, acquired Advanced Technology Systems, Inc.

synopsis: Federal Services Acquisition Corporation announced today that it has entered into a definitive stock purchase agreement with privately-owned Advanced Technology Systems, Inc. The purchase price will be comprised of $84 million in cash and $1 million in stock at closing.
buyer parent: Advanced Technology Systems, Inc.
buyer: Federal Services Acquisition Corporation
Federal Services Acquisition Corporation is a blank check company organized under the laws of the State of Delaware on April 12, 2005. We were formed for the purpose of acquiring, through a merger, capital stock exchange, asset acquisition, stock purchase or other similar business combination. "
target: Advanced Technology Systems, Inc.
Advanced Technology Systems, Inc. is a leading provider of systems integration and application development, IT infrastructure management and strategic consulting services to U.S. federal and state and local government agencies, financial institutions and government sponsored enterprises.
price ($mm)
$85
rev ($mm)
$107
EBITDA ($mm)
EV / rev
1.2x
EV / EBITDA
closed 8/5/2021 via PR Newswire

Converge Technology Solutions, acquired REDNET AG

synopsis: Converge Technology Solutions Corp., an IT & Cloud Solutions provider in Canada, has acquired a majority stake in REDNET AG, an IT services provider in Germany. REDNET serves clients in the education, healthcare, and public sectors. The company helps their clients to implement IT solutions that enable them to run their business more efficiently.
buyer: Converge Technology Solutions (TSXV:CTS:$821.65)
Canada-based Converge Technology Solutions is an IT Solution Provider that delivers industry-leading solutions and services. Converge's regional sales and services organizations deliver advanced analytics, cloud, cybersecurity, and managed services offerings to clients across various industries. "
target: REDNET AG
REDNET is an IT services provider in Germany. REDNET specializes in serving clients in the education, healthcare, and government/public sectors. The company helps their clients to find and implement reliable and powerful IT solutions that enable them to run their business more efficiently.
price ($mm)
$114*
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/28/2021 via Company Press Release

EPAM Systems, acquired CORE SE

synopsis: EPAM Systems, a leading global provider of digital platform engineering and development services, announced its acquisition of CORE SE, a Berlin-based professional service provider specializing in IT strategy and technology-driven transformations.
buyer: EPAM Systems (EPAM:$2,788.89)
EPAM Systems, Inc. leverages its software engineering expertise in product development, digital platform engineering, and top digital and product design agency. EPAM, through its 'Engineering DNA' and innovative strategy, helps customers with consulting and design capabilities to deliver solutions. "
target: CORE SE
CORE SE is a professional service provider specializing in IT strategy and technology-driven transformations. Founded in 2009 in Berlin, CORE is a technology think tank and trusted partner for governmental and private institutions.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/18/2020 via BNC Analysis

Matrix IT Ltd, acquired RightStar

synopsis: Matrix, the leading technology services company in Israel, has acquired RightStar Systems, a leading provider of ITIL®-based IT service management, DevOps, and Application Lifecycle Management solutions for mid-size and enterprise organizations; federal, state, and local government agencies; and educational institutions.
buyer: Matrix IT Ltd (TASE:MTRX:$1,113.00)
Matrix is the leading technology services company in Israel, with 10,337 employees worldwide. Since its foundation in 2001, Matrix has made more than 80 mergers and acquisitions and has executed some of the largest IT projects in Israel. "
target: RightStar
RightStar Systems is a leading provider of ITIL®-based IT service management, DevOps, and Application Lifecycle Management solutions for mid-size and enterprise organizations; federal, state, and local government agencies; and educational institutions.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/7/2020 via BNC Analysis

Trinity3 Technology, acquired FireFly Computers

synopsis: Trinity3 Technology and FireFly Computers are pleased to announce that the two companies are merging. FireFly Computers built its identity in the K-12 market as a vendor focused on solving customer pain points. FireFly Computers has helped thousands of organizations deploy computing solutions that are great for the user.
buyer parent: Rotunda Capital Partners
buyer: Trinity3 Technology
Trinity3 Technology is wholly immersed in serving the technology needs of the education market. The company offers custom-built solutions—including student computing, warranty services, and enterprise products—to suit each customer’s unique needs. "
target: FireFly Computers
FireFly Computers built its identity in the K-12 market as a vendor focused on solving customer pain points. FireFly Computers has helped thousands of organizations deploy computing solutions that are great for the user, simple for the tech administrator, and attractive for the budget committee.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/28/2020 via PR Newswire

SpectrumOne AB, acquired Å-data Infosystem AB

synopsis: SpectrumOne announced the acquisition of Å-data Infosystem AB. Since 1984, Å-data has developed, built and sold its IT solutions to small and medium-sized municipalities. Today, Å-data is a well-known player with extensive experience in both the public sector and in business systems that have been its core since the beginning.
buyer: SpectrumOne AB (OM:SPEONE:$2.60)
SpectrumOne is a leading technology company delivering an advanced Data Management, Analytics & Communications platform suite. SpectrumOne´s headquarters are based in Stockholm, Sweden, responsible for Nordic sales and strategy, with additional sales and business development located in Oslo, Norway."
target: Å-data Infosystem AB
Since 1984, Å-data has developed, built and sold its IT solutions to small and medium-sized municipalities. Today, Å-data is a well-known player with extensive experience in both the public sector and in business systems that have been its core since the beginning.
price ($mm)
$1.14
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 8/26/2020 via BNC Analysis

Total Specific Hosting, will acquire Actacom

synopsis: Total Specific Hosting, a Dutch provider of cloud and ICT outsourcing solutions, will acquire Actacom, an ICT services provider in the Netherlands. Actacom provides ICT services to schools, government institutions, libraries, and SMEs. They offer services for cloud, wired and wireless networks, hardware, storage systems and server management.
buyer parent: Strikwerda Investments
buyer: Total Specific Hosting
Total Specific Hosting is a Dutch provider of cloud and ICT outsourcing solutions. Total Specific Hosting manages and develops business-critical IT processes for customers in the semi-public sector. They provide secure and reliable services to enable their clients to focus on their core processes. "
target: Actacom
Actacom is an ICT services provider in the Netherlands. Actacom provides ICT services to primary and secondary schools, government institutions, libraries, and SMEs. They offer services for cloud, wired and wireless networks, hardware, storage systems and server management.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 6/25/2020 via GlobeNewswire

Xalles, will acquire 1Rivet

synopsis: Xalles Holdings Inc., a fintech holding company providing technology and financial services solutions, will acquire 100% of 1Rivet Global Inc. 1Rivet is a top-ranked, award-winning international IT technology solutions firm known for its unique ability to cost-effectively develop emerging technologies to resolve business challenges.
buyer: Xalles (OTCPK:XALL:$0.15)
Xalles Holdings Inc. is a holding company that focuses on direct investments in disruptive fintech companies. They actively seek acquisition targets with solid management teams and business models, large total attainable markets, and lucrative exit opportunities to invest and accelerate growth in. "
target: 1Rivet
1Rivet is a top-ranked, award-winning international IT technology solutions firm known for its unique ability to cost-effectively develop and apply emerging technologies to resolve global public- and private-sector business challenges.
price ($mm)
$0.23
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/23/2020 via PR Newswire

Wind Point Partners, acquired Corbett Technology Solutions, Inc.

synopsis: Tower Arch Capital LLC is pleased to announce that it has sold Corbett Technology Solutions, Inc. ("CTSI") to an affiliate of Wind Point Partners. CTSI is a leading communications solutions provider focused on identifying the specialized needs of its customers to deliver advanced technology solutions that produce positive business outcomes.
buyer: Wind Point Partners
Wind Point Partners is a private equity investment firm that partners with top caliber executives to acquire well-positioned middle market businesses where it can establish a clear path to value creation. "
target parent: Tower Arch Capital LLC
target: Corbett Technology Solutions, Inc.
For over five decades, CTSI (Corbett Technology Solutions, Inc.) has been at the forefront of technology integration and innovation with critical communications, collaboration, audiovisual and security solutions for enterprise, government, healthcare and education customers.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 5/18/2020 via GlobeNewswire

Xalles, will acquire Argus Technology Partners

synopsis: Xalles Holdings Inc. a fintech holding company providing technology and financial services solutions, is to acquire 100% of Argus Technology Partners, Inc., a Florida based technology sales and solutions provider that provides technology services to companies and government agencies.
buyer: Xalles (OTCPK:XALL:$0.15)
Xalles Holdings Inc. is a holding company that focuses on direct investments in disruptive fintech companies. They actively seek acquisition targets with solid management teams and business models, large total attainable markets, and lucrative exit opportunities to invest and accelerate growth in. "
target: Argus Technology Partners
Argus Technology Partners, Inc. is a Florida based technology sales and solutions provider that provides technology services to companies and government agencies including information technology forensics, network architecture evaluation, managed network services, and business process reengineering.
price ($mm)
rev ($mm)
$3
EBITDA ($mm)
EV / rev
0.0x
EV / EBITDA
closed 2/12/2020 via BNC Analysis

Colyar Technology Solutions, acquired Dynamic Internet Solutions

synopsis: Castle Harlan, Inc., the New York private equity firm, announced that its portfolio company, Colyar Technology Solutions, has acquired Dynamic Internet Solutions (DIS). DIS is an Arizona-based consulting firm that provides a wide variety of information technology products and services to local, state and federal government agencies.
buyer parent: Castle Harlan Inc.
buyer: Colyar Technology Solutions
Colyar Technology Solutions (CTS) is a full-service consulting firm and software company specializing in the design, development, and implementation of Child Nutrition, Food Distribution, Compliance and Menu Management software. "
target: Dynamic Internet Solutions
Dynamic Internet Solutions L.L.C. (DIS) is an Arizona-based consulting firm that provides a wide variety of information technology products and services to local, state and federal government agencies.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 9/5/2019 via GlobeNewswire

Digital Intelligence Systems Corporation, will acquire ALTEK Information Technology

synopsis: Digital Intelligence Systems, LLC (DISYS), a provider of staffing solutions and global managed services, has entered into an agreement to acquire the assets of ALTEK. ALTEK brings a strong reputation for providing responsive IT services and solutions to Fortune 500 companies and federal government agencies.
buyer: Digital Intelligence Systems Corporation
Digital Intelligence Systems, LLC (DISYS) is a global managed services and staffing firm with 45 offices worldwide. DISYS’ vision is to be a global business partner, delivering the highest quality and most consistent services at the best value to clients worldwide. "
target: ALTEK Information Technology
ALTEK Information Technology, Inc. is a certified women-owned, Minority Business Enterprise/Disadvantaged Business Enterprise (MBE/DBE), founded in 2004. ALTEK brings a strong reputation for providing responsive IT services and solutions to Fortune 500 companies and federal government agencies.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/1/2019 via GlobeNewswire

ManTech International Corporation, acquired Kforce Government Solutions, Inc.

synopsis: ManTech International Corporation announced that it has acquired Kforce Government Solutions, Inc. (KGS), a company that provides technology solutions, transformation management, data management and analytics in support of federal health and defense missions.
buyer: ManTech International Corporation (MANT:$2,484.01)
ManTech provides technology solutions and services for U.S. defense, intelligence community and federal civilian agencies. They excel in full-spectrum cyber, data collection & analytics, enterprise IT, systems and software engineering solutions that support national and homeland security. "
target parent: Kforce Inc.
target: Kforce Government Solutions, Inc.
Headquartered in Fairfax, VA, Kforce Government Solutions, Inc. provides technology solutions, transformation management, data management and analytics in support of federal health and defense missions.
price ($mm)
$115
rev ($mm)
$98
EBITDA ($mm)
EV / rev
1.2x
EV / EBITDA
closed 9/28/2018 via BusinessWire

H.I.G. Capital, acquired Iron Bow Technologies, LLC

synopsis: H.I.G. Capital, a leading global private equity investment firm, is pleased to announce that one of its affiliates has acquired a majority interest in Iron Bow Technologies, a leading provider of IT solutions to government and commercial clients.
buyer: H.I.G. Capital
H.I.G. Capital is a leading global private equity investment firm with over $25 billion of equity capital under management. The H.I.G. family of funds includes private equity, growth equity, real estate, debt/credit, lending and biohealth. "
target: Iron Bow Technologies, LLC
Iron Bow is a leading IT solution provider dedicated to successfully transforming technology investments into business capabilities for government, commercial and healthcare clients.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/4/2018 via BNC Analysis

General Dynamics, acquired CSRA Inc

synopsis: Global aerospace and defense contractor General Dynamics has acquired CSRA, a leading IT business. CSRA brings together government IT professionals, and emerging technologies to deliver a range of innovative IT solutions and professional services to help customers modernize their legacy systems and protect their networks and assets.
buyer: General Dynamics (GD:$32,578.00)
General Dynamics is a global aerospace and defense company. From Gulfstream business jets to submarines to wheeled combat vehicles to communications systems, people around the world depend on their products and services for their safety and security. "
target: CSRA Inc (CSRA:$5,064.00)
CSRA, a leading IT business, brings together government IT professionals, and emerging technologies to deliver a broad range of innovative IT solutions and professional services to help customers modernize their legacy systems and protect their networks and assets.
price ($mm)[EV]
$6,734 [$9,651]
rev ($mm)
$5,064
EBITDA ($mm)
$841
EV / rev
1.9x
EV / EBITDA
11.5x
closed 10/23/2017 via GlobeNewswire

HighPoint Global, LLC, acquired Primescape Solutions, Inc.

synopsis: HighPoint Global, the citizen experience company, announced the acquisition of Primescape Solutions, a Herndon, VA-based company that helps government agencies achieve their digital transformation goals with services including software development, data services, and interactive content.
buyer: HighPoint Global, LLC
HighPoint Global helps government agencies elevate the citizen experience. With training, contact center optimization, IT and quality assurance services, they help the government more effectively communicate with citizens. "
target: Primescape Solutions, Inc.
Primescape is an industry leader providing cutting-edge solutions and services to federal agencies since 1998. They deliver software applications, data services, and project management support for 21st century Digital Government initiatives domestically and to posts around the globe.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/18/2017 via PR Newswire

Subsystem Technologies, Inc., acquired KMS Solutions, LLC

synopsis: Subsystem Technologies, Inc. announced it has acquired KMS Solutions, LLC, a leading provider of systems engineering and technical assistance (SETA), policy analysis, and workforce development training for the Department of Defense and the U.S. intelligence community.
buyer: Subsystem Technologies, Inc.
Subsystem Technologies is a federal government contractor, supporting the DoD and civilian communities for over 30 years. Specialties include advanced engineering, cyber security, management consulting, and a range of IT services. "
target: KMS Solutions, LLC
KMS Solutions, LLC is a minority and woman-owned business enterprise dedicated to providing high quality consulting and technical services to commercial and Government clients. Formed in 2005, KMS has extensive experience supporting the U.S. Navy Submarine Force.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/6/2017 via BNC Analysis

B3IT Management AB, acquired Sentensia Q AB

synopsis: B3IT Management AB acquires the IT consulting company Sentensia Q AB. Sentensia is a leading public sector consulting company specializing in business development, IT management and procurement. The acquisition strengthens B3IT’s offering to the public sector in the areas of IT management, procurement, law and information security.
buyer: B3IT Management AB (OM:B3IT:$78.90)
B3IT is one of the fastest growing consulting firm with senior consultants in IT and management. They help businesses and governments to streamline their IT operations through the development of technology, processes, strategy and organization, and improve their business through smart IT solutions. "
target: Sentensia Q AB
Sentensia was founded in 2000 and is an independent consulting firm that helps business and government to lead, develop and procure business and IT services. The core of the company's mission is the development and change in organizations, services and processes with a focus on long-term solutions.
price ($mm)
$3.02
rev ($mm)
$6
EBITDA ($mm)
EV / rev
0.5x
EV / EBITDA
closed 6/30/2017 via PR Newswire

Information Technology Procurement Sourcing, acquired Lefcon

synopsis: Information Technology Procurement Sourcing, also known as ITPS, a leading national provider of technology solutions and services, has acquired Lefcon, a company that provides custom tailored IT services to small business, Fortune 100 hotels and government agencies.
buyer: Information Technology Procurement Sourcing
Information Technology Procurement Sourcing is an employee-owned provider of technology solutions and services to Commercial Customers, State and Local Government, and K-12 and Higher Education Institutions. "
target: Lefcon
For over 25 years, Lefcon has been providing custom tailored services to small business, Fortune 100 hotels and government agencies. Lefcon has a heritage in working closely with customers to create customized IT Solutions that increase performance while reducing overall costs.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/27/2016 via Company Press Release

Cognosante, Inc., acquired The BITS Group

synopsis: Cognosante has acquired The BITS Group, a rapidly growing provider of IT services and solutions to the U.S. Department of Veterans Affairs and the U.S. Department of Defense. BITS has more than a decade of experience in healthcare systems, enterprise business systems, business intelligence, and data analytics in the public health sector.
buyer: Cognosante, Inc.
Cognosante is a leading provider of healthcare consulting, technology solutions, and business process outsourcing services. They have deep expertise in areas including health insurance marketplaces, healthcare standards, informatics and Medicaid enterprise systems. "
target: The BITS Group
Business Information Technology Solutions, doing business as The BITS Group, provides lifecycle IT consulting and support services to the public sector. BITS focuses on providing services and solutions for health systems, enterprise business systems, and business intelligence and analytics.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/3/2016 via Company Press Release

Pivot Technology Solutions, acquired TeraMach

synopsis: Pivot Technology Solutions announced it has acquired all shares of TeraMach Technologies Inc., a leading Canadian provider of information technology products and services. TeraMach offers data center, security, big data, mobility, and application services; consulting and implementation services; and staffing and cloud computing services.
buyer: Pivot Technology Solutions (TSXV:PTG:$1,149.91)
Pivot Technology Solutions delivers solutions that enable organizations to design, build, implement and maintain computing and communication infrastructure. Pivot's approach supports improvement of business performance, helps organizations reduce capital and more. "
target: TeraMach
TeraMach operates as an information technology services company. The company offers data center, security, big data, mobility, and application services; consulting and implementation services; and staffing and cloud computing services.
price ($mm)
rev ($mm)
$77
EBITDA ($mm)
EV / rev
0.0x
EV / EBITDA

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Geography
Matching Companies
Ticker: SYS
 
 
 
 
 
 
 
 
SYS Technologies
SYS Technologies
SYS Technologies (AMEX: SYS) is a leading provider of information connectivity solutions that capture, analyze and present real-time information to our customers in the Department of Defense, Department of Homeland Security, other government agencies and large industrial companies.
year
2007
rev ($mm)
$75.80
EBITDA ($mm)
$0.31
EBIT ($mm)
($1.67)
Net Income ($mm)
Employees
0
  • drill down
  • watch
Ticker: DRS
 
 
 
 
 
 
 
 
DRS Technologies, Inc.
DRS Technologies, Inc.
DRS Technologies is a leading supplier of integrated products, services and support to military forces, intelligence agencies and prime contractors worldwide. The Company has been recognized as one of the fastest growing defense technology companies in the world.
year
2008
rev ($mm)
$3,295.40
EBITDA ($mm)
$438.60
EBIT ($mm)
$360.40
Net Income ($mm)
$165.80
Employees
10200
  • drill down
  • watch
Ticker: MANT
 
 
 
 
 
 
 
 
ManTech International Corporation
ManTech International Corporation
ManTech is a leading provider of innovative technologies and solutions for mission-critical national security programs for the Intelligence Community; the Departments of Defense, State, Homeland Security, Energy, Veterans Affairs, and Justice, including the FBI abd the health and space communities.
year
2020
rev ($mm)
$2,484.01
EBITDA ($mm)
$224.81
EBIT ($mm)
$157.12
Net Income ($mm)
$128.99
Employees
8900
  • drill down
  • watch
Ticker: MMS
 
 
 
 
 
 
 
 
MAXIMUS, Inc.
MAXIMUS, Inc.
With a focus on more effective & efficient government programs, MAXIMUS operates under the mission of "Helping Government Serve the People." Their 16,000+ professionals deliver high-quality business process and technology solutions, as well as specialized consulting services for government agencies.
year
2020
rev ($mm)
$3,588.86
EBITDA ($mm)
$393.10
EBIT ($mm)
$308.61
Net Income ($mm)
$219.85
Employees
34000
  • drill down
  • watch
Ticker: ETEC
 
 
 
 
 
 
 
 
Emtec, Inc.
Emtec, Inc.
Emtec, Inc. provides industry-specific transformative digital solutions to world class organizations in the enterprise, government, and education markets. With offices in the U.S., Canada, and India, Emtec is big enough to address client needs yet small enough to provide individualized client care.
year
2013
rev ($mm)
$204.89
EBITDA ($mm)
$4.59
EBIT ($mm)
($0.09)
Net Income ($mm)
Employees
733
  • drill down
  • watch
Ticker:
 
 
 
 
 
 
 
 
Mascon Global Ltd.
Mascon Global Ltd.
Mascon Global Ltd. provides business and information technology (IT) consulting services to corporations and government agencies. Mascon develops custom software, provides network and systems integration, and conducts research and development.
year
2004
rev ($mm)
$49.90
EBITDA ($mm)
EBIT ($mm)
Net Income ($mm)
$0.70
Employees
1000
  • drill down
  • watch
Ticker: BSE:532307
 
 
 
 
 
 
 
 
Melstar Information Technologies Ltd.
Melstar Information Technologies Ltd.
Melstar is one of the major IT solution providers to the Banking, Insurance, Government and IT sectors. Being an end to end customized IT solutions provider, Melstar is one of the preferred vendors for software development services by global companies like IBM and Citibank.
year
2015
rev ($mm)
$3.38
EBITDA ($mm)
$0.21
EBIT ($mm)
$0.10
Net Income ($mm)
Employees
471
  • drill down
  • watch
Ticker: PDHO
 
 
 
 
 
 
 
 
Paradigm Solutions Corporation
Paradigm Solutions Corporation
Paradigm Solutions Corp. is a provider of IT and business solutions for US Federal Government enterprises. It specializes in comprehensive information assurance solutions involving cybersecurity and forensics as well as continuity of operations and disaster recovery planning.
year
2011
rev ($mm)
$39.96
EBITDA ($mm)
$2.08
EBIT ($mm)
$1.65
Net Income ($mm)
Employees
  • drill down
  • watch
Ticker: ASX:PSZ
 
 
 
 
 
 
 
 
PS&C Ltd
PS&C Ltd
PS&C is an information and communications technology (ICT) professional services entity. PS&C is focused on three business units: People, Security and Communications. These business units service a range of government and corporate organisations.
year
2020
rev ($mm)
$37.30
EBITDA ($mm)
$1.53
EBIT ($mm)
$1.45
Net Income ($mm)
$2.21
Employees
305
  • drill down
  • watch
Ticker: OTCPK:ONOV
 
 
 
 
 
 
 
 
Castellum, Inc.
Castellum, Inc.
Castellum, Inc. is a defense-oriented technology company which is executing strategic acquisitions in the cyber security, information technology, information warfare, software engineering, and electronic warfare space.
year
2020
rev ($mm)
EBITDA ($mm)
EBIT ($mm)
Net Income ($mm)
Employees
0
  • drill down
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Ticker: ASX:CGL
 
 
 
 
 
 
 
 
The Citadel Group Limited
The Citadel Group Limited
The Citadel Group provides education and technology services to help individuals and organisations maximise value, innovation and business outcomes in an increasingly connected and information-driven world. Citadel's management services business specializes in the Government and technology markets.
year
2020
rev ($mm)
$88.30
EBITDA ($mm)
$5.87
EBIT ($mm)
$3.27
Net Income ($mm)
Employees
180
  • drill down
  • watch
Ticker: CSPI
 
 
 
 
 
 
 
 
CSP Inc.
CSP Inc.
CSP Inc. develops and markets best-of-breed IT solutions, systems integration services, and high-performance computer systems. CSP's Systems segment includes the MultiComputer Division, which supplies high-performance Linux cluster systems for a broad array of defense applications.
year
2012
rev ($mm)
$84.81
EBITDA ($mm)
$5.43
EBIT ($mm)
$4.97
Net Income ($mm)
$6.61
Employees
147
  • drill down
  • watch
Ticker: ASX:COS
 
 
 
 
 
 
 
 
COSOL
COSOL
COSOL is an Australian IT services provider. COSOL identifies and implements the most effective solutions using contemporary information technology to meet their clients’ business objectives. They serve clients in the utilities, defence, mining, oil & gas, and public infrastructure industries.
year
2020
rev ($mm)
$8.36
EBITDA ($mm)
$1.41
EBIT ($mm)
$1.40
Net Income ($mm)
$1.08
Employees
0
  • drill down
  • watch
Ticker: VEC
 
 
 
 
 
 
 
 
Vectrus
Vectrus
Vectrus is a global government services company. Vectrus provides cost-effective service solutions to U.S. government and commercial customers around the world. They offer services for engineering and digital integration, facilities and base operations, logistics, IT mission support, and more.
year
2020
rev ($mm)
$1,405.49
EBITDA ($mm)
$56.39
EBIT ($mm)
$48.37
Net Income ($mm)
$32.35
Employees
7200
  • drill down
  • watch
Ticker: SPCB
 
 
 
 
 
 
 
 
SuperCom Ltd.
SuperCom Ltd.
SuperCom has been a leading global provider of traditional and digital identity solutions, providing advanced safety, identification and security solutions to governments and organizations, both private and public, throughout the world.
year
2015
rev ($mm)
$29.51
EBITDA ($mm)
$5.15
EBIT ($mm)
$3.54
Net Income ($mm)
$2.66
Employees
83
  • drill down
  • watch
Ticker: WYY
 
 
 
 
 
 
 
 
WidePoint Corporation
WidePoint Corporation
WidePoint is a leading provider of wireless mobility management and cybersecurity solutions. Identity Access Management, Multi-Factor Authentication and Critical Response Management offer advanced information technology through its innovative solutions to the government and commercial markets.
year
2016
rev ($mm)
$78.42
EBITDA ($mm)
($2.60)
EBIT ($mm)
($4.16)
Net Income ($mm)
Employees
279
  • drill down
  • watch
Ticker: CACI
 
 
 
 
 
 
 
 
CACI International, Inc.
CACI International, Inc.
CACI International provides professional services and IT solutions needed for defense, intelligence, homeland security, and IT modernization and government transformation. CACI delivers enterprise IT and network services; data, information, & knowledge management services, and many others solutions.
year
2019
rev ($mm)
$5,183.87
EBITDA ($mm)
$487.52
EBIT ($mm)
$393.62
Net Income ($mm)
$254.75
Employees
22100
  • drill down
  • watch
Ticker: ICFI
 
 
 
 
 
 
 
 
ICF International
ICF International
ICF International partners with government and commercial clients to deliver professional services and technology solutions in the energy, environment, and transportation; health, education, and social programs; and homeland security and defense markets.
year
2019
rev ($mm)
$1,459.80
EBITDA ($mm)
$133.60
EBIT ($mm)
$104.61
Net Income ($mm)
$68.25
Employees
0
  • drill down
  • watch