M&A Deal Summary

Huntington Ingalls Industries Acquires Camber

On November 2, 2016, Huntington Ingalls Industries acquired defense company Camber from New Mountain Capital for 380M USD

Acquisition Highlights
  • This is Huntington Ingalls Industries’ 1st transaction in the Defense sector.
  • This is Huntington Ingalls Industries’ 2nd largest (disclosed) transaction.
  • This is Huntington Ingalls Industries’ 3rd transaction in the United States.
  • This is Huntington Ingalls Industries’ 1st transaction in Alabama.

M&A Deal Summary
Date 2016-11-02
Target Camber
Sector Defense
Buyer(s) Huntington Ingalls Industries
Sellers(s) New Mountain Capital
Deal Type Add-on Acquisition
Deal Value 380M USD

Target

Camber

Huntsville, Alabama, United States
Camber Corp. is a provider of professional and management services for federal government agencies, specializing in information technology, decision support systems, training, engineering, and modeling and simulation, primarily within the Department of Defense.

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Buyer(S) 1

Buyer

Huntington Ingalls Industries

Newport News, Virginia, United States
Category Company
Founded 1886
Sector Marine
Employees44,000
Revenue 11.5B USD (2023)
DESCRIPTION

Huntington Ingalls Industries is a military shipbuilding company and a provider of manufacturing, engineering and management services to the nuclear energy, oil and gas markets. Huntington Ingalls Industries was founded in 1886 and is based in Newport News, Virginia.

DEAL STATS #
Overall 3 of 8
Sector (Defense) 1 of 1
Type (Add-on Acquisition) 3 of 6
State (Alabama) 1 of 1
Country (United States) 3 of 7
Year (2016) 1 of 1
Size (of disclosed) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-06-02 UniversalPegasus International

Houston, Texas, United States

UniversalPegasus International is an engineering and design firm that provides its clients with a broad range of engineering, inspection, survey, and project management services focused on the gathering, transmission, and processing of hydrocarbons and hydrocarbon-based products both onshore and offshore domestic and international markets. UniversalPegasus International was founded in 2008 and is based in Houston, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-26 Fulcrum IT Services

Centreville, Virginia, United States

Fulcrum IT Services is an information technology (IT) company that provides IT solutions and services for federal, state, local, and commercial customers. Fulcrum IT specializes in the areas of enterprise systems operations, system and application development, data management solutions, information and infrastructure assurance and intelligence analysis and methodologies.

Buy $193M

Seller(S) 1

SELLER

New Mountain Capital

New York, New York, United States
Category Private Equity Firm
Founded 2000
PE ASSETS 35.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

New Mountain Capital is a private investment firm focused on investment in public and private companies in a variety of industries. New Mountain generally invests $100 to $500 million per transaction and looks for businesses with strong market positions and high barriers to entry. New Mountain also prefers businesses that succeed in both good and bad economies. Sectors of interest include education, healthcare, business services, federal IT services, media, software, consumer products, logistics, financial services and technologies, and energy. New Mountain Capital was formed in 2000 and is based in New York City.

DEAL STATS #
Overall 20 of 45
Sector (Defense) 1 of 1
Type (Add-on Acquisition) 11 of 22
State (Alabama) 2 of 2
Country (United States) 18 of 42
Year (2016) 4 of 4
Size (of disclosed) 12 of 15
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-11 Stroz Friedberg

New York, New York, United States

Stroz Friedberg is a specialized risk management firm built to help clients solve the complex challenges prevalent in today’s digital, connected and regulated business world. A global leader in cyber security with leading experts in digital forensics, incident response and security science; investigations; eDiscovery and due diligence, Stroz Friedberg works to maximize the health of an organization, ensuring its longevity, protection and resilience. Stroz Friedberg currently serves Fortune 100 companies, 80 percent of the AmLaw 100 and the Top 20 UK law firms.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-10 Alight Solutions

Lincolnshire, Illinois, United States

Alight Solutions is a provider of outsourced benefits administration and human capital technology. The Company helps drive better health and financial outcomes for employers, employees and plan participants by leveraging proprietary technology, deep domain expertise and global delivery capabilities. Alight Solutions is based in Lincolnshire, Illinois.

Buy $4.8B
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