CoVant Management Mergers and Acquisitions Summary

Private Equity Firm Profile

CoVant Management’s most common sectors for investment areinformation technology (43%) and aerospace (15%) . The Firm’s most common investment types include buyout (lbo, mbo, mbi) (43%) and stake purchase (29%). In total, CoVant Management has invested in 3 US states. Its largest (disclosed) acquisition occurred in 2014 when it acquired LGS Innovations for $200M.

In the last 3 years, CoVant Management has exited 1 company. The Firm’s most common exit type is trade sale (100%). CoVant Management’s largest (disclosed) exit occurred in 2006 when it sold Anteon International for $2.2B.

Join Mergr to view CoVant Management’s full profile and discover more small private equity firm investors just like it.

M&A Summary

  • M&A Total Activity11
    • M&A Buy Activity7
    • M&A Sell Activity4
  • Total Sectors Invested 5
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 7
  • M&A Advisors 1

CoVant Management

CoVant Management

1650 Tysons Blvd, Suite 850,
McLean, Virginia 22102
United States
(703) 917-0360
www.covant.com
info@covant.com

CoVant is a private investment group that generally looks to partner with management and other sponsors to pursue divestitures and buyout opportunities across the US. The Firm was formed in 2007 and is headquartered in McLean, Virginia.


Investment Criteria

Sectors of Interest: Aerospace, Defense, Information Technology, Software

Target Transaction Types: Buyout (LBO, MBO, MBI), Divestiture

Geographic Preferences: East US, Midwest US, South US, West US

Transaction Criteria Min Max
Target Revenue 30 150
Target EBITDA - -
Investment Size - -
Enterprise Value - -
values in millions of USD

M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.2/yr) # 6 1 - - - - 7
vol $200M $200M
Sell (0.2/yr) # 3 - - - - 1 4
vol $3.0B $737M $3.7B
  11

Most Recent M&A

Company Date Value Type
LinQuest Corp. 2024-07-16 737M USD Trade Sale
Los Angeles, California · www.linquest.com
AEVEX Aerospace 2020-03-09 - Secondary Buyout
Solana Beach, California · www.aevex.com
LGS Innovations LLC 2019-01-30 750M USD Trade Sale
Herndon, Virginia · www.lgsinnovations.com
LinQuest Corp. 2018-05-29 - Buyout (LBO, MBO, MBI)
Los Angeles, California · www.linquest.com
A-T Solutions, Inc. 2015-05-07 - Trade Sale
Vienna, Virginia · www.a-tsolutions.com
LGS Innovations LLC 2014-04-01 200M USD Divestiture
Herndon, Virginia · www.lgsinnovations.com
Centripetal Networks, Inc. 2013-01-01 - Stake Purchase
Reston, Virginia · www.centripetalnetworks.com
Trapezoid, Inc. 2013-01-01 - Stake Purchase
Miami, Florida · www.trapezoid.com
A-T Solutions, Inc. 2008-03-05 - Buyout (LBO, MBO, MBI)
Vienna, Virginia · www.a-tsolutions.com
Anteon International Corp. 2006-06-07 2.2B USD Trade Sale
Fairfax, Virginia · www.anteon.com
View All >>

M&A by Sector

Sector Current # Value All-time # Value
Information Technology - - 3 (43%) 200M (100%)
Aerospace 1 (33%) - 1 (14%) -
Defense - - 1 (14%) -
Safety/Security 1 (33%) - 1 (14%) -
Software 1 (33%) - 1 (14%) -
Total 3 - 7 $200M

Acquisitions By Geo

State/Country Current # Value All-time # Value
United States 3 (100%) - 7 (100%) 200M (100%)
  Virginia 1 (33%) - 4 (57%) 200M (100%)
  California 1 (33%) - 2 (29%) -
  Florida 1 (33%) - 1 (14%) -
Total 3 - 7 $200M

Acquisitions by Deal Type

Type Current # Value All-time # Value
Buyout (LBO, MBO, MBI) - - 3 (43%) -
Stake Purchase 2 (67%) - 2 (29%) -
Divestiture - - 1 (14%) 200M (100%)
Secondary Buyout 1 (33%) - 1 (14%) -
Total 3 - 7 $200M

Exits by Deal Type

Type Total # Value
Trade Sale - Public Company 3 (75%) 3.7B (100%)
Trade Sale 1 (25%) -
Total 4 $3.7B

Top M&A Advisors

Legal Deals
Crowell & Moring
1

Deal Values

buy # Total
$100M to $1B 1 $200M
TOTAL $200M
Largest LGS Innovations LLC
$200M (2014-04-01)
sell # Total
> $1B 1 $2.2B
$100M to $1B 2 $1.5B
TOTAL $3.7B
Largest Anteon International Corp.
$2.2B (2006-06-07)

M&A Connections

Deals
Acquired from
Investor(s)
14%
1 (14%)
Strategic(s)
14%
1 (14%)
Exited to
Strategic(s)
100%
4 (100%)

FAQ

When was CoVant Management founded?

CoVant Management was founded in 2007.

What type of investor is CoVant Management?

CoVant Management is a private equity firm.

Where is CoVant Management headquartered?

CoVant Management is headquartered in McLean, Virginia.

 Subscribe to unlock this and 209,130
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB


Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.6K Private Equity Firms
  • 202K M&A Transactions
  • 205K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.6K M&A Advisors
    (Investment Banks and Law Firms)
  • 81K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.