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Industry Week in Review – May 22, 2020

KippsDeSanto & Co. Industry Week in Review – May 22, 2020

Industry Week in Review – May 22, 2020

M&A Transactions

Cognosante, LLC has acquired Enterprise Information Services, Inc., a provider of systems engineering, information technology, and program management office services and solutions to the U.S. federal government. Terms of the transaction were not disclosed. KippsDeSanto & Co. served as the financial advisor to Enterprise Information Services, Inc.

 Charlesbank Capital Partners, LLC has invested in Cyberbit Ltd, a subsidiary of Elbit Systems Ltd, a provider of a unified, suite of cyber range platforms for threat detection, incident response, and simulated training, across IT, OT, and IoT. The investment was valued at $70 million.

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