M&A Deal Summary

Castellum Acquires GTMR

On March 23, 2023, Castellum acquired information technology company GTMR

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

M&A Deal Summary

Date 2023-03-23
Target GTMR
Sector Information Technology
Buyer(s) Castellum
Deal Type Add-on Acquisition

Target

GTMR

Hollywood, Maryland, United States
GTMR is a revenue government contractor that provides a select range of communication and electronic systems and services used on military and commercial platforms. It provides a cadre of mature and highly experienced individuals in the fields of management, technology, and logistics. GTMR was formed in 2004 and is based in Hollywood, Maryland.

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Buyer(S) 1

Buyer

Castellum

Potomac, Maryland, United States

Category Company
Founded 2010
Sector Information Technology
DESCRIPTION

Castellum is a defense-oriented technology company that is executing strategic acquisitions in the cybersecurity, information technology, information warfare, software engineering, and electronic warfare space. Castellum was formed in 2010 and is based in Potomac, Maryland.


DEAL STATS #
Overall 3 of 3
Sector (Information Technology) 2 of 2
Type (Add-on Acquisition) 3 of 3
State (Maryland) 1 of 1
Country (United States) 3 of 3
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-02-25 Lexington Solutions Group

Lexington, Virginia, United States

Lexington Solutions Group provides US Government and private sector clients with a wide range of national security, strategic communication, and management consulting services. Lexington Solutions Group delivers holistic, common sense, cost-effective solutions to help clients balance competing priorities, answer difficult questions, and manage complex situations. Lexington Solutions Group was founded in 2013 and is based in Lexington, Virginia.

Buy -