M&A Deal Summary

ManTech Acquires QinetiQ Security and Intelligence Solutions Unit

On October 11, 2010, ManTech acquired safety/security company QinetiQ Security and Intelligence Solutions Unit from QinetiQ Group for 60M USD

Acquisition Highlights
  • This is ManTech’s 1st transaction in the Safety/Security sector.
  • This is ManTech’s 8th largest (disclosed) transaction.
  • This is ManTech’s 6th transaction in the United States.
  • This is ManTech’s 5th transaction in Virginia.

M&A Deal Summary
Date 2010-10-11
Target QinetiQ Security and Intelligence Solutions Unit
Sector Safety/Security
Buyer(s) ManTech
Sellers(s) QinetiQ Group
Deal Type Divestiture
Deal Value 60M USD

Target

QinetiQ Security and Intelligence Solutions Unit

Fairfax, Virginia, United States
QinetiQ Security and Intelligence Solutions Unit provides integrated security solutions to the Department of Defense and the intelligence community.

Search 193,605 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

ManTech

Herndon, Virginia, United States

website

Category Company
Founded 1968
Sector Information Technology
Revenue 2.6B USD (2021)
DESCRIPTION
ManTech office building in Herndon, Virginia.
ManTech office building in Herndon, Virginia.

ManTech provides mission-focused technology solutions and services for U.S. defense, intelligence and federal civilian agencies. It excels in full-spectrum cyber, data collection & analytics, enterprise IT, systems engineering and software application development solutions that support national and homeland security. ManTech was formed in 1968 and is based in Herndon, Virginia.

DEAL STATS #
Overall 6 of 23
Sector (Safety/Security) 1 of 1
Type (Divestiture) 1 of 2
State (Virginia) 5 of 12
Country (United States) 6 of 23
Year (2010) 1 of 2
Size (of disclosed) 8 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-12-21 Sensor Technologies

Red Bank, New Jersey, United States

Sensor Technologies Inc. (STI) is a provider of mission-critical systems engineering and Command, Control, Communications, Computers, Intelligence, Surveillance and Reconnaissance (C4ISR) services and solutions to the Department of Defense.

Buy $242M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-12-23 MTCSC

Chula Vista,, California, United States

MTCSC provides C4ISR systems integration, cyber security and network engineering solutions to U.S. government customers. The company holds several large contracts with the U.S. Marine Corps, the majority of which are for classified efforts.

Buy $75M

Seller(S) 1

SELLER

QinetiQ Group

Farnborough, United Kingdom

website

Category Company
Founded 2001
Sector Life Science
Employees6,915
Revenue 1.3B GBP (2022)
DESCRIPTION

QinetiQ Group is one of Europe's largest science and technology organisations. QinetiQ Group was founded in 2001 and is based in Farnborough, the United Kingdom.

DEAL STATS #
Overall 2 of 10
Sector (Safety/Security) 1 of 1
Type (Divestiture) 2 of 9
State (Virginia) 1 of 2
Country (United States) 1 of 3
Year (2010) 1 of 1
Size (of disclosed) 1 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-07-01 Cyveillance

Reston, Virginia, United States

Cyveillance, Inc. is a provider of online risk monitoring and management solutions, providing an intelligence-based approach to security.

Buy $40M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-07-07 Spectro Scientific

Chelmsford, Massachusetts, United States

Spectro Scientific, Inc. is a provider of machine condition monitoring solutions for critical assets in high-value industrial applications. Spectro provides both lab-based and onsite instrumentation, consumables and cloud-based software analytics to help customers determine and monitor the condition of fluids in mission-critical equipment. Spectro Scientific, Inc. was founded in 1983 and is based in Chelmsford, Massachusetts.

Sell -
Mergr

Product

Company

Legal