M&A Deal Summary

Tyto Athene Acquires Microtel

On April 8, 2024, Tyto Athene acquired software company Microtel

Acquisition Highlights
  • This is Tyto Athene’s 1st transaction in the Software sector.
  • This is Tyto Athene’s 4th transaction in the United States.
  • This is Tyto Athene’s 2nd transaction in Maryland.

M&A Deal Summary
Date 2024-04-08
Target Microtel
Sector Software
Buyer(s) Tyto Athene
Deal Type Add-on Acquisition

Target

Microtel

Greenbelt, Maryland, United States
website
Microtel is a software development and systems engineering firm deeply embedded in long-term, space missions for NASA and international space programs. Microtel develop software and systems to help detect water on the moon, life on Mars, the habitat of Saturn’s moon Titan, the atmosphere of Venus, phytoplankton movements in the oceans, and forest canopy measurements affecting the global biodiversity of the Earth. Microtel is based in Greenbelt, Maryland.

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Buyer(S) 1

Buyer

Tyto Athene

Herndon, Virginia, United States

website

Category Company
Founded 2000
Sector Business Services
DESCRIPTION

Tyto Athene is a full-service systems integrator and managed services provider of communications systems for the department of defense and civilian agency enterprise operations worldwide. Tyto Athene was founded in 2000 and is based in Herndon, Virginia.

DEAL STATS #
Overall 4 of 4
Sector (Software) 1 of 1
Type (Add-on Acquisition) 4 of 4
State (Maryland) 2 of 2
Country (United States) 4 of 4
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-05 Qbase

Reston, Virginia, United States

Qbase LLC is a pure-play provider of network modernization solutions and IT digital transformation services to high-profile customers in the Department of Defense (DoD) and the National Security sector, including the FBI, where it supports both mission-focused work and enterprise modernization initiatives. Qbase was formed in 2005 and is based in Springfield, Ohio.

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