M&A Deal Summary

NXTKey Acquires MAGNUS Management Group

On March 16, 2017, NXTKey acquired information technology company MAGNUS Management Group

Acquisition Highlights
  • This is NXTKey’s 1st transaction in the Information Technology sector.
  • This is NXTKey’s 1st transaction in the United States.
  • This is NXTKey’s 1st transaction in Virginia.

M&A Deal Summary

Date 2017-03-16
Target MAGNUS Management Group
Sector Information Technology
Buyer(s) NXTKey
Deal Type Add-on Acquisition

Target

MAGNUS Management Group

Bristow, Virginia, United States
Magnus Management Group, LLC is a small business committed to providing solutions with a comprehensive and overarching vision. Magnus emphasizes quality, service and intellect while employing cutting edge technologies to keep clients ahead of the curve. Its strong business values and tested best practices, coupled with a creative technological edge, ensure that it delivers expert consulting services in Information Security Management, Project Management and Operation Management.

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Buyer(S) 1

Buyer

NXTKey

Cheyenne, Wyoming, United States

Category Company
Founded 2013
Sector Information Technology
DESCRIPTION

NXTKey Corp. is an "as-a-service" solution provider across cloud, mobile and open source in the federal and commercial markets. NXTKey Corporation helps companies think ahead in today's competitive business environment. Founded in 2013, the company takes an outcomes-based approach to consulting and professional services work in the federal and commercial domains. Its customers span industries including manufacturing, healthcare, telecom, distribution, pharmaceuticals, media and publishing, and more. NXTKey helps these organizations strategically and tactically drive their businesses machines faster and more efficiently and with better, more successful outcomes.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Virginia M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2017 M&A 1 of 1