M&A Deal Summary

BigBear.ai Acquires PCI

On February 2, 2021, BigBear.ai acquired information technology company PCI from AE Industrial Partners

Acquisition Highlights
  • This is BigBear.ai’s 2nd transaction in the Information Technology sector.
  • This is BigBear.ai’s 3rd transaction in the United States.
  • This is BigBear.ai’s 1st transaction in Maryland.

M&A Deal Summary

Date 2021-02-02
Target PCI
Sector Information Technology
Buyer(s) BigBear.ai
Sellers(s) AE Industrial Partners
Deal Type Merger

Target

PCI

Columbia, Maryland, United States
PCI is a technology-focused company that provides cybersecurity and CNO, cloud engineering and IT infrastructure, data analytics, and system engineering solutions and services to the federal government and intelligence community. PCI LLC was founded in 2008 and is based in Columbia, Maryland, and with a corporate office and training facility in Lexington, Massachusetts, PCI operates in 14 states and internationally. PCI was founded in 2008 and is based in Columbia, Maryland.

Search 214,107 Deals Now

SEARCH BY

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

Try Free

Buyer(S) 1

Buyer

BigBear.ai

McLean, Virginia, United States

Category Company
Founded 1988
Sector Information Technology
Employees630
Revenue 158M USD (2024)
DESCRIPTION

BigBear.ai provides artificial intelligence-powered decision intelligence solutions. It offers national security, supply chain management, and digital identity and biometrics solutions. The company also provides data ingestion, data enrichment, data processing, artificial intelligence, machine learning, predictive analytics, and predictive visualization solutions and services. It serves nation defense and intelligence agencies, border protection, transportation security, manufacturing, distribution and logistics, travel, entertainment, and tourism sectors. BigBear.ai was founded in 1988 and is based in McLean, Virginia.


DEAL STATS #
Overall 3 of 3
Sector: Information Technology M&A 2 of 2
Type: Merger M&A Deals 1 of 1
State: Maryland M&A 1 of 1
Country: United States M&A 3 of 3
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-22 ProModel Government Services

Allentown, Pennsylvania, United States

ProModel Government Services is an agile provider of mission-critical predictive and prescriptive analytic software solutions for decision support to the Department of Defense and U.S. Government. For more than 25 years, ProModel Government Services has built innovative and adaptable custom model-based software solutions to visualize complex and disparate data, synchronize operational needs, mitigate risk and optimize resources to support strategic and tactical decisions for the Department of Defense and other Federal Government agencies. ProModel Government Services is based in Allentown, Pennsylvania.

Buy -

Seller(S) 1

SELLER

AE Industrial Partners

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1998
PE ASSETS 6.2B USD
Size Mega
Type Sector Focused
DESCRIPTION
AE Industrial Partners' headquarters in Boca Raton, Florida.
AE Industrial Partners' headquarters in Boca Raton, Florida.

AE Industrial Partners is a private equity firm focused on acquiring and investing in aerospace and industrial companies. The Firm specifically looks for established, profitable companies in the aircraft propulsion (turbojet, turbofan and turboprop aircraft engines) and power generation (industrial turbines) industries, as well as the manufacture of OEM and replacement parts, and aftermarket maintenance, repair and overhaul. AE Industrial Partners was formed in 1998 and is based in Boca Raton, Florida.


DEAL STATS #
Overall 7 of 23
Sector: Information Technology M&A 1 of 3
Type: Merger M&A Deals 2 of 3
State: Maryland M&A 1 of 1
Country: United States M&A 7 of 23
Year: 2021 M&A 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-02 Enercon

Kennesaw, Georgia, United States

Enercon is an engineering and environmental services firm that supports the safe and efficient production, delivery, and use of energy. Enercon was founded in 1983 and is based in Kennesaw, Georgia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-20 Altus

New York, New York, United States

Altus is a full-service fire and life safety services platform. Altus offers a complete suite of solutions, from the design, engineering, installation, and servicing of state-of-the-art fire and life safety systems, to training, consulting, crisis management, and business continuity services. Altus is headquartered in New York City.

Buy -