Industry Week in Review – March 13, 2020
KippsDeSanto & Co. Industry Week in Review – March 13, 2020
Industry Week in Review – March 13, 2020
M&A Transactions
Bluestone Investment Partners has acquired Continental Mapping Consultants, LLC, a provider of geospatial data analytics and mapping solutions to defense, intelligence, federal and state government agencies, and commercial customers. Terms of the transaction were not disclosed. KippsDeSanto & Co. served as financial advisor to Continental Mapping Consultants, LLC.
Accenture plc has acquired Context Information Security Ltd, a subsidiary of Babcock International Group plc, a provider of high-end cyber defense, intelligence-driven red team, vulnerability research, and incident response services. The transaction was valued at £107 million, or approximately $138.5 million.
AFV Partners, LLC has acquired RocketRoute Limited, a subsidiary of Alyssum Holdings, a provider of flight-planning, fuel, concierge, and marketplace services through a single integrated SaaS platform that serves the commercial, business, air rescue, and military aviation markets. Terms of the transaction were not disclosed.
Aurelius Group has acquired Zim Flugsitz, a provider of the design and manufacturing for commercial aircraft passenger seats. Terms of the transaction were not disclosed.
BMC Software, Inc., a portfolio company of KKR & Co., Inc., has agreed to acquire Compuware Corporation, a portfolio company of Thoma Bravo, LLC, a provider of mainframe application development, delivery, and support solutions. Terms of the transaction were not disclosed.
Capewell Aerial Systems, LLC, a portfolio company of Argosy Investment Partners, has acquired Rhine Air, Inc, a provider of compressed air and electric-driven respiratory protection and fuel tank ventilating systems. Terms of the transaction were not disclosed.
Madison Dearborn Partners, LLC and CoVant Management have acquired AEVEX Aerospace, LLC, a subsidiary of Trive Capital, a provider of full spectrum, airborne Intelligence, Surveillance, and Reconnaissance solutions for defense and intelligence agencies around the globe. Terms of the transaction were not disclosed.
Veritas Capital has agreed to acquire the U.S. State and Local Health and Human Services Business of DXC Technology, a provider of technology enabled, mission critical solutions fundamental to the administration and operations of health programs throughout the United States. The transaction is valued at $5 billion.
