M&A Deal Summary |
|
|---|---|
| Date | 2020-12-10 |
| Target | 1901 Group |
| Sector | Information Technology |
| Buyer(s) | Leidos |
| Sellers(s) | Enlightenment Capital |
| Deal Type | Add-on Acquisition |
| Deal Value | 215M USD |
| Advisor(s) | Pillsbury Winthrop Shaw Pittman LLP (Legal) |
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| Category | Company |
|---|---|
| Founded | 1969 |
| Sector | Information Technology |
| Employees | 43,000 |
| Revenue | 13.7B USD (2021) |
Leidos is a provider of science and technology solutions in the United States. The company delivers solutions and services for data analytics, systems integration, and cybersecurity to the agencies of the U.S. Department of Defense, the intelligence community, and the U.S. Department of Homeland Security, as well as other U.S. Government civil agencies, state and local government agencies, foreign governments, and customers in a range of commercial markets. Leidos was founded in 1969 and is based in Reston, Virginia.
| DEAL STATS | # |
|---|---|
| Overall | 14 of 17 |
| Sector (Information Technology) | 6 of 7 |
| Type (Add-on Acquisition) | 10 of 11 |
| State (Virginia) | 2 of 4 |
| Country (United States) | 14 of 16 |
| Year (2020) | 2 of 2 |
| Size (of disclosed) | 6 of 6 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-02-04 |
L3Harris Technologies - Security Detection and Automation Business
Tewksbury, Massachusetts, United States L3Harris' Security Detection and Automation businesses provide airport and critical infrastructure screening products, automated tray return systems and other industrial automation products. With headquarters in Tewksbury, Mass. and Luton, England, the combined businesses have 1,200 employees and a global sales and services operations footprint with more than 20,000 systems deployed world-wide across more than 100 countries. |
Buy | $1.0B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-02-23 |
Gibbs & Cox
Arlington, Virginia, United States Gibbs & Cox is an independent engineering and design firm specializing in naval architecture, marine engineering, management support, and engineering consulting. Gibbs & Cox was founded in 1929 and is based in Arlington, Virginia. |
Buy | $380M |
| Category | Private Equity Firm |
|---|---|
| Founded | 2012 |
| Size | Middle-Market |
| Type | Sector Focused |
Enlightenment Capital is a private investment firm that provides flexible capital solutions and strategic support to middle-market businesses in the Aerospace, Defense, Government & Technology (ADG&T) sector. The firm invests in equity (minority and control), senior debt, and mezzanine debt. Enlightenment Capital was founded in 2012 and is headquartered in Chevy Chase, Maryland.
| DEAL STATS | # |
|---|---|
| Overall | 10 of 15 |
| Sector (Information Technology) | 4 of 6 |
| Type (Add-on Acquisition) | 6 of 10 |
| State (Virginia) | 5 of 7 |
| Country (United States) | 10 of 15 |
| Year (2020) | 2 of 2 |
| Size (of disclosed) | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-11-19 |
Telos
Ashburn, Virginia, United States Telos empowers and protects the world’s most security-conscious organizations with solutions and services for continuous security assurance of individuals, systems, and information. Telos’ offerings include cybersecurity solutions and services for IT risk management and information security; secure mobility to protect globally connected organizations; and identity management to establish trust in personnel and continuously monitor for insider threats. Telos was founded in 1968 and is based in Ashburn, Virginia. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-02-16 |
Aeyon
Vienna, Virginia, United States Aeyon is a provider of Robotic Process Automation (RPA), data analytics, program management, and management consulting services to support large-scale acquisition programs of the Federal Government. Aeyon was founded in 2011 and is based in Vienna, Virginia. |
Buy | - |
