M&A Deal Summary

BigBear Acquires ProModel

On April 11, 2022, BigBear acquired software company ProModel

Acquisition Highlights
  • This is BigBear’s 1st transaction in the Software sector.
  • This is BigBear’s 1st transaction in the United States.
  • This is BigBear’s 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2022-04-11
Target ProModel
Sector Software
Buyer(s) BigBear
Deal Type Add-on Acquisition

Target

ProModel

Allentown, Pennsylvania, United States
website
ProModel is a provider of simulation-based, predictive, and prescriptive analytic decision support solutions. An Autodesk Partner and Microsoft Gold Partner, the company specializes in custom and COTS (Commercial-Off-the shelf) software and services to help organizations optimize processes, policies, and resource decisions to best align with their business strategy. ProModel was founded in 1988 and is based in Allentown, Pennsylvania.

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Buyer(S) 1

Buyer

BigBear

Reston, Virginia, United States

website

Category Company
Sector Information Technology
DESCRIPTION

BigBear, Inc. is a provider of cloud-based, big data, and analytics solutions for government customers, helping them make sense of big data. The Company specializes in big data computing and analytics, cloud computing, artificial intelligence, machine learning, geospatial information systems, data mining, and systems engineering. BigBear is based in Reston, Virginia.

DEAL STATS #
Overall 1 of 2
Sector (Software) 1 of 1
Type (Add-on Acquisition) 1 of 2
State (Pennsylvania) 1 of 1
Country (United States) 1 of 2
Year (2022) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-11-06 Pangiam

McLean, Virginia, United States

Pangiam provides security and travels consulting services to commercial customers across a variety of industries. It offers a fully integrated pre-clearance travel technology architecture to enhance travel security and facilitate a seamless passenger experience. Pangiam is based in Tyson's Corner, Virginia.

Buy $70M
Mergr

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