QinetiQ Group - M&A Summary and Business Overview

Life ScienceCompany

QinetiQ Group M&A Summary

QinetiQ Group has acquired 16 companies, including 1 in the last 5 years. A total of 6 acquisitions came from private equity firms. It has also divested 10 assets.

QinetiQ Group’s largest acquisition to date was in 2022, when it acquired Avantus Federal for $590M. It’s largest disclosed sale occurred in 2010, when it sold QinetiQ Security and Intelligence Solutions Unit to ManTech International for $60M. QinetiQ Group has acquired in 4 different US states, and 3 countries. The Company’s most targeted sectors include information technology (32%) and defense (19%).

QinetiQ Group Business Overview

Where is QinetiQ Group headquartered?

QinetiQ Group is headquartered in Farnborough, United Kingdom.

What is QinetiQ Group’s revenue?

QinetiQ Group disclosed revenue of 1,320M GBP for 2022 and 1,278M GBP for 2021.

How many employees does QinetiQ Group have?

QinetiQ Group has 6,915 employees.

What sector is QinetiQ Group in?

QinetiQ Group is a life science company.

When was QinetiQ Group founded?

QinetiQ Group was founded in 2001.

M&A Summary

  • M&A Total Activity26
    • M&A Buy Activity16
    • M&A Sell Activity10
  • Total Sectors Invested 8
  • Total Countries Invested 3
  • M&A Buy/Sell Connections 18
  • M&A Advisors 5

QinetiQ Group

QinetiQ Group Plc

Cody Technology Park Ively Road,
Farnborough, GU14 0LX
United Kingdom,
+44 1252 392 000
www.qinetiq.com

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.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.2/yr) # 15 - - 1 - - 16
vol $632M $590M $1.2B
Sell (1.0/yr) # 5 4 - 1 - - 10
vol $97M $91M $36M $224M
  26

Most Recent M&A

Company Date Value Type
QinetiQ Space NV 2022-10-03 36M EUR Divestiture
Farnborough, United Kingdom
Avantus Federal 2022-08-05 590M USD Add-on Acquisition
McLean, Virginia · www.avantusfederal.com
OptaSense Ltd. 2020-12-03 45M GBP Divestiture
Hampshire, United Kingdom · www.optasense.com
Commerce Decisions Ltd. 2020-11-12 - Divestiture
Oxford, United Kingdom · www.cd.qinetiq.com
Boldon James Ltd. 2020-06-25 46M GBP Divestiture
Farnborough, United Kingdom · www.boldonjames.com
QinetiQ Group Plc - Quantum Key Distribution Patent Portfolio 2020-01-28 - Divestiture
Farnborough, United Kingdom
RubiKon Group Pty Ltd. 2017-02-27 - Add-on Acquisition
Brisbane, Australia · www.rubikon.com.au
Meggitt Target Systems 2016-12-21 89M GBP Divestiture
Ashford, United Kingdom
Cyveillance, Inc. 2015-12-11 - Divestiture
Reston, Virginia · www.cyveillance.com
Redfern Integrated Optics, Inc. 2014-05-22 - Add-on Acquisition
Santa Clara, California · www.rio-inc.com
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
Westar Aerospace and Defense Group, Inc. 2004-09-30 Aerospace Filtration Systems, Inc. 2007-03-01 1
St. Louis, Missouri · www.westar.com Saint Charles, Missouri · www.afsfilters.com

M&A by Sector

Sector Buy # Value Sell # Value
Information Technology 5 (31%) 918M (75%) 1 (10%) -
Software 2 (13%) 46M (4%) 2 (20%) 46M (21%)
Defense 3 (19%) 130M (11%) - -
Aerospace 1 (6%) 89M (7%) 2 (20%) 72M (32%)
Engineering 2 (13%) - - -
Internet Software and Services 1 (6%) 40M (3%) 1 (10%) -
Test/Measurement Equipment - - 2 (20%) 770K (< 1%)
Semiconductors 1 (6%) - - -
Transportation 1 (6%) - - -
Safety/Security - - 1 (10%) 60M (27%)
Technology Hardware - - 1 (10%) 45M (20%)
Total 16 $1.2B 10 $224M

By Geo

State/Country Buy Value Sell Value
United States 9 1.1B 3 60M
  Virginia 5 958M 2 60M
  California 2 - - -
  Massachusetts 1 - 1 -
  Missouri 1 130M - -
United Kingdom 3 134M 7 164M
Australia 4 - - -
Domestic 3 (19%) 134M (11%) 7 (70%) 164M (73%)
Cross-border 13 (81%) 1.1B (89%) 3 (30%) 60M (27%)
Total 16 $1.2B 10 $224M

Top M&A Advisors

Financial Deals
Results International Group LLP
1
BB&T Capital Markets
1
Gleacher Shacklock LLP
1
Legal Deals
Osborne Clarke
1
Baker & McKenzie
1

Deal Values

buy # Total
$100M to $1B 4 $998M
< $100M 5 $224M
TOTAL $1.2B
Largest Avantus Federal
$590M (2022-08-05)
sell # Total
< $100M 6 $224M
TOTAL $224M
Largest QinetiQ Security and Intelligence Solutions Unit
$60M (2010-10-11)

M&A Connections

Deals
Acquired from
Investor(s)
38%
6 (38%)
Strategic(s)
13%
2 (13%)
Divested to
Investor(s)
10%
1 (10%)
Strategic(s)
90%
9 (90%)

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