Add-on Acquisition • Information Technology

McKean Defense Group Acquires Mikros Systems

On November 12, 2020, McKean Defense Group acquired information technology company Mikros Systems

Acquisition Context
  • This is McKean Defense Group’s 1st transaction in the Information Technology sector.
  • This is McKean Defense Group’s 1st transaction in the United States.
  • This is McKean Defense Group’s 1st transaction in Pennsylvania.

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M&A Deal Summary

Date November 12, 2020
Target Mikros Systems
Sector Information Technology
Buyer(s) McKean Defense Group
Deal Type Add-on Acquisition
Advisor(s) Spouting Rock Capital Advisors (Financial)
Fox Rothschild (Legal)

Target Company

Mikros Systems

Fort Washington, Pennsylvania, United States
Mikros Systems Corp. is an advanced technology company specializing in the development and production of electronic systems technology for advanced maintenance in military, industrial and commercial applications. Mikros Systems is based in Fort Washington, Pennsylvania.
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Buyer Overview 1

Buyer

McKean Defense Group

Philadelphia, Pennsylvania, United States

Category Company
Founded 2006
Sector Information Technology
DESCRIPTION

McKean Defense Group, Inc. is an 100% Employee Owned company with cutting edge engineers, developers, technical staff, programmers, analysts, and program managers who identify and deploy new shipboard technologies, integrate information technology across shipboard platforms, and develop strategies to support the Warfighter. McKean Defense Group was founded in 2006 and is based in Philadelphia, Pennsylvania.


Deal Context for Buyer #
Overall 1 of 1
Sector: Information Technology 1 of 1
Type: Add-on Acquisition 1 of 1
State: Pennsylvania 1 of 1
Country: United States 1 of 1
Year: 2020 1 of 1