BlueHalo said Monday it will pursue investments and growth initiatives within the core markets of the two acquired firms and leverage complementary portfolios to help customers address space, missile defense and aircraft mission requirements.
Baird and Aronson Capital Partners served as financial advisers to Fortego and Base2 on the transactions, respectively. Miles & Stockbridge provided legal advice during the sale process.
Sheppard Mullin acted as BlueHalo’s legal adviser and Eureka Strategic Consulting was Fortego’s strategic leadership consulting adviser.
“Bringing Fortego and Base2 together creates a sizable concentration of highly skilled experts in cyber and SIGINT– a capability that BlueHalo can now leverage across the wide spanning missions to which they provide support,” John Song, a managing director at Baird, told GovCon Wire.
He considers the acquisition as “puzzle pieces [that] are coming together” to aid BlueHalo in its long-term, or overall aims and interests.
The Arlington, Virginia-based engineering and technology services contractor will gain cyber and SIGINT talent and prime cyber contracts through acquisition deals.
Jonathan Moneymaker, CEO of BlueHalo, said both deals will help accelerate the company’s organic growth efforts into new mission areas.
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