M&A Deal Summary

BAE System Acquires BISim

On November 11, 2021, BAE System acquired software company BISim from The Riverside Company

Acquisition Highlights
  • This is BAE System’s 3rd transaction in the Software sector.
  • This is BAE System’s 1st transaction in Czech Republic.

M&A Deal Summary

Date 2021-11-11
Target BISim
Sector Software
Buyer(s) BAE System
Sellers(s) The Riverside Company
Deal Type Add-on Acquisition
Advisor(s) Raymond James - Investment Banking (Financial)
Jones Day (Legal)

Target

BISim

Prague, Czech Republic
website
BISim is a global software company at the forefront of simulation and training solutions for defense and civilian organizations. Globally, more than 500,000 military personnel are trained every year using BISim’s Virtual Battlespace (VBS) software products. More than 60 NATO and NATO-friendly countries and over 250 integrators/prime contractors use VBS technology, many making significant funding commitments to extend VBS product capabilities. BISim was formed in 2001 and is based in Prague, Czech Republic.

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Buyer(S) 1

Buyer

BAE System

Farnborough, United Kingdom

website


Category Company
Founded 1970
Sector Defense
Employees91,400
Revenue 19.5B GBP (2021)
DESCRIPTION
BAE office in Reston, Virginia.
BAE office in Reston, Virginia.

BAE Systems is a provider of defense and security products and services. From sophisticated cyber services and military support, to mission critical electronic systems and protection equipment, BAE aims to be at the forefront of defense technology and science. BAE Systems was incorporated in 1970 and is headquartered in Farnborough, the United Kingdom.


DEAL STATS #
Overall 25 of 27
Sector (Software) 3 of 3
Type (Add-on Acquisition) 20 of 21
Country (Czech Republic) 1 of 1
Year (2021) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-14 In-Space Missions

Alton, United Kingdom

In-Space Missions designs, builds, and operates bespoke physical and uploadable customer missions, providing a valuable service to customers keen to get their technology on orbit quickly. The company's experienced staff work with a new space approach which enables a significant reduction in traditional timescales to get technology on orbit. It offers either a dedicated customer satellite approach or hosted payload service “Faraday” which offers new or established businesses low-cost opportunities to roll out and demonstrate new applications and technologies from space against a very short timescale. In-Space Missions was formed in 2015 and is based in Alton, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-12 NetReveal

Farnborough, United Kingdom

NetReveal provides financial crime, risk management, and fraud detection and prevention across banking, financial markets, and insurance via a single platform. The platform is adaptable to the evolving and heterogeneous nature of the financial services sector; to deliver power and flexibility in analytics, investigation, integration, security, and total cost of ownership reduction for customers. Advanced data analytics is at the core. Its analytics engines effectively detect anomalous behavior and are some of the most effective at positive/negative detection and false-positive reduction in the market.

Sell -

Seller(S) 1

SELLER

The Riverside Company

New York, New York, United States

Investor Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 1988
PE ASSETS 5.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

The Riverside Company is a global private equity firm that seeks investments in profitable lower middle-market companies valued under $400 million. Riverside looks to invest in growth businesses headquartered in North America, Europe, and Asia (primarily Japan and South Korea), that have been in operation for at least five years. Riverside targets investments in a wide array of industries including distribution, automotive, healthcare, education, manufacturing, software, consumer services, plastics, publishing, food, communications, marine, and business services. Riverside was formed in 1988 and is based in New York City.


DEAL STATS #
Overall 176 of 189
Sector (Software) 9 of 13
Type (Add-on Acquisition) 76 of 81
Country (Czech Republic) 5 of 5
Year (2021) 12 of 12
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-09 Avance Clinical

Thebarton, Australia

Avance Clinical is an Australian Contract Research Organization (CRO) for international biotechs. CRO has been delivering clinical drug development services for international biotechs for FDA and EMA regulatory approval, for the past 24 years. Avance Clinical was founded in 2019 and is based in Thebarton, Australia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-16 Executive Care

Hackensack, New Jersey, United States

Executive Care is a provider of non-medical, in-home services for senior citizens and physically handicapped or injured individuals in need of daily living support. Executive Care provides a wide range of services including personal care, companion care and homemaker services. Executive Care began franchising in 2012 and today operates a network of 13 franchise locations.

Buy -