M&A Deal Summary

DigitalGlobe Acquires The Radiant Group

On October 11, 2016, DigitalGlobe, Inc. acquired information technology company The Radiant Group, Inc. from Aston Capital LLC for 140M USD

Acquisition Highlights
  • This is DigitalGlobe’s 1st transaction in the Information Technology sector.
  • This is DigitalGlobe’s 2nd largest (disclosed) transaction.
  • This is DigitalGlobe’s 6th transaction in the United States.
  • This is DigitalGlobe’s 2nd transaction in Virginia.

M&A Deal Summary

Date 2016-10-11
Target The Radiant Group, Inc.
Sector Information Technology
Buyer(s) DigitalGlobe, Inc.
Sellers(s) Aston Capital LLC
Deal Type Add-on Acquisition
Deal Value 140M USD
Advisor(s) DLA Piper (Legal)

Target

The Radiant Group, Inc.

Chantilly, Virginia, United States
website
The Radiant Group, Inc. is a provider of an advanced technical and analytical solutions focused on enhancing the quality and speed of decision making while reducing risk and ensuring mission success. Radiant solves real-time multi-INT collection and exploitation needs by providing an end to end capability and framework for innovation that moves data through the full life cycle of collection, exploitation and management from sensor to decision maker.

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Buyer(S) 1

Buyer

DigitalGlobe, Inc.

Westminster, Colorado, United States

website


Category Company
Founded 1993
SectorInformation Technology
Employees1,189
Revenue 714M USD (2016)
DESCRIPTION
DigitalGlobe's corporate headquarters in Westminster, Colorado.
DigitalGlobe's corporate headquarters in Westminster, Colorado.

DigitalGlobe, Inc. is a provider of commercial high?resolution earth imagery products and services. The imagery solutions support a wide variety of uses within defense and intelligence, civil agencies, mapping and analysis, environmental monitoring, oil and gas exploration, infrastructure management, Internet portals, and navigation technology. DigitalGlobe, Inc. was established in 1993 and is based in Westminster, Colorado.


DEAL STATS #
Overall 6 of 7
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 5 of 6
State (Virginia) 2 of 3
Country (United States) 6 of 7
Year (2016) 1 of 2
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-02-26 Spatial Energy LLC

Boulder, Colorado, United States

Spatial Energy LLC is a source for digital imagery and related services to the energy industry.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-25 Timbr.io

Charlottesville, Virginia, United States

Timbr.io is a provider of algorithms and data to enable multi-source data exploitation, extracting actionable information out of giant corpuses of data.

Buy -

Seller(S) 1

SELLER

Aston Capital LLC


Category Private Equity Firm
SizeMiddle-Market
Type Sector Focused
DESCRIPTION

Aston Capital is a private equity firm focused on middle-market investing in the aerospace, defense and national security sectors. Aston was founded by Robert V. LaPenta who co-founded L-3 Communications, Inc. and L-1 Identity Solutions, Inc. Aston Capital is based in Stamford, Connecticut.


DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Virginia) 1 of 1
Country (United States) 1 of 1
Year (2016) 1 of 1
Size (of disclosed) 1 of 1