M&A Deal Summary |
|
|---|---|
| Date | 2019-02-26 |
| Target | Fulcrum IT Services |
| Sector | Information Technology |
| Buyer(s) | Huntington Ingalls Industries |
| Sellers(s) |
Boyne Capital Partners
Grindstone Partners |
| Deal Type | Add-on Acquisition |
| Deal Value | 193M USD |
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| Category | Company |
|---|---|
| Founded | 1886 |
| Sector | Marine |
| Employees | 44,000 |
| Revenue | 10.7B USD (2022) |
Huntington Ingalls Industries is a military shipbuilding company and a provider of manufacturing, engineering and management services to the nuclear energy, oil and gas markets. Huntington Ingalls Industries was founded in 1886 and is based in Newport News, Virginia.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 8 |
| Sector (Information Technology) | 1 of 2 |
| Type (Add-on Acquisition) | 4 of 6 |
| State (Virginia) | 1 of 2 |
| Country (United States) | 4 of 7 |
| Year (2019) | 1 of 1 |
| Size (of disclosed) | 4 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-11-02 |
Camber
Huntsville, Alabama, United States Camber Corp. is a provider of professional and management services for federal government agencies, specializing in information technology, decision support systems, training, engineering, and modeling and simulation, primarily within the Department of Defense. |
Buy | $380M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-02-04 |
Hydroid
Pocasset, Massachusetts, United States Hydroid LLC is a manufacturer and supplier of autonomous underwater vehicles (AUV) for military and commercial markets worldwide. Its REMUS line of unmanned underwater vehicles (UUV) has provided deployable solutions for use in defense, marine research and commercial applications. Hydroid specializes in UUV design, engineering, production and support. |
Buy | $350M |
| Category | Private Equity Firm |
|---|---|
| Founded | 2006 |
| Size | Small |
| Type | Sector Agnostic |
Boyne Capital Partners is a Florida-based investment group focused on smaller businesses with at least $2 million in cash-flow. Boyne targets companies in the US and Canada. Sectors of interest include niche manufacturing, specialty services (IT, healthcare, financial), value-added distribution, wastewater, 'next generation' energy, and restaurants. Boyne prefers control positions and will consider a variety of transaction situation, including buyouts, recapitalizations, divestitures, add-on acquisitions, and growth financings. Boyne was formed in 2006 and is based in Miami.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 6 |
| Sector (Information Technology) | 1 of 1 |
| Type (Add-on Acquisition) | 1 of 3 |
| State (Virginia) | 1 of 1 |
| Country (United States) | 3 of 6 |
| Year (2019) | 1 of 3 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-02-06 |
Adapt Laser
Kansas City, Missouri, United States Adapt Laser is a provider of laser cleaning solutions to many bonding, corrosion, and surface treatment issues facing complex industrial processes. Adapt Laser Systems is based in Kansas City, Missouri. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-07-11 |
B&W Quality Growers
Fellsmere, Florida, United States B&W Quality Growers is a vertically-integrated producer of distinctive baby leaves, including watercress, arugula, and other specialty leafy greens. B&W grows, packs and ships quality products to foodservice, retail, wholesale, and specialty channels year-round. B&W Quality Growers was founded in 1870 and is based in Fellsmere, Florida. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2009 |
| Size | Small |
| Type | Sector Agnostic |
Grindstone Partners is a private equity firm specializing in buyouts and growth capital investments in small and mid market companies throughout the US. The Firm looks to invests $2 to $20 million equity per transaction. Areas of interest includes manufacturing, healthcare, direct marketing, telecommunication, software, building products and business services. Grindstone Partners was formed in 2009 and is based in Alexandria, Virginia.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 3 |
| Sector (Information Technology) | 1 of 1 |
| Type (Add-on Acquisition) | 2 of 2 |
| State (Virginia) | 2 of 3 |
| Country (United States) | 2 of 3 |
| Year (2019) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-04-01 |
SageWater
Alexandria, Virginia, United States SageWater is a provider of pipe restoration services on a continual basis to apartment and condominium buildings to stop infrastructure corrosion. SageWater has repiped more than 100,000 occupied multi-family residential units, replacing over 35 million feet of pipe in apartment complexes, condominiums, and office buildings. SageWater was founded in 1988 and is based in Alexandria, Virginia. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-02-01 |
SageWater
Alexandria, Virginia, United States SageWater is a provider of pipe restoration services on a continual basis to apartment and condominium buildings to stop infrastructure corrosion. SageWater has repiped more than 100,000 occupied multi-family residential units, replacing over 35 million feet of pipe in apartment complexes, condominiums, and office buildings. SageWater was founded in 1988 and is based in Alexandria, Virginia. |
Sell | - |
