M&A Activity

K2 Intelligence FIN Undergoes Name Change, Forms New Company; Juan Zarate Quoted

Juan Zarate Chief Strategy Officer K2 Integrity

K2 Intelligence Financial Integrity Network rebranded as K2 Integrity to express its commitment to helping clients address risks to business reputation, operations and security. The rebranding effort comes after K2-FIN partnered with Giant Oak to form Consilient, a fintech company that aims to help financial institutions secure transactions using a system for anti-money laundering and countering the financing of terrorism.

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Lockheed Closes i3 Hypersonics Portfolio Buy

Lockheed Martin Hypersonics

Lockheed Martin (NYSE: LMT) has completed its purchase of the hypersonic strike and defense business from Huntsville, Alabama-based software and systems engineering firm Integration Innovation Inc. for an undisclosed amount. Former i3 CEO Mike Wicks joined Lockheed as vice president for the Bethesda, Maryland-based firm's Hypersonic Engineering and Accelerated Technologies program.

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Baird Advises The Buffalo Group on Sale to Jacobs; Jean Stack Comments

Jean Stack Managing Director Baird

The Buffalo Group has completed its sale to professional services firm Jacobs (NYSE: J) via a transaction where Baird served as the exclusive financial adviser to the Reston, Virginia-based analytics and technology company. Jacobs said Tuesday it made the acquisition to expand government mission support across the cyber, ground, sea, airborne and space domains.

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TransDigm Strikes $965M Cash Deal for Cobham Aero Connectivity; Kevin Stein Quoted

Kevin Stein President and CEO TransDigm

TransDigm Group (NYSE: TDG) has agreed to acquire a Cobham subsidiary focused on providing antennas and radio systems for the aerospace end market. TransDigm will use existing cash on hand to finance the $965M acquisition of Cobham Aero Connectivity and expects the transaction to close during the third quarter of calendar year 2021, subject to regulatory clearances and other customary closing conditions.

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Kratos Buys UAS Software Engineering Firm 5-D Systems; Eric DeMarco Quoted


Kratos Defense & Security Solutions (Nasdaq: KTOS) has acquired software engineering company 5-D Systems for an undisclosed sum as part of efforts to expand capabilities in unmanned aerial systems and establish a technology center in the Austin area. 5-D will operate as a systems engineering hub within the unmanned systems division of Kratos.

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Gunnison Buys Federal IT Service Management Firm G2SF; Gil Dussek Quoted

Gil Dussek CEO Gunnison Consulting Group

Gunnison Consulting Group has acquired Global Solutions & Services Frameworks for an undisclosed sum to expand its information technology service management, mobile computing and cybersecurity capabilities in the federal government services market. “This deal aligns with our modernization strategy and we remain focused on improving critical government programs, while driving long-term innovation to meet evolving customer demands," said Gunnison CEO Gil Dussek.

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FireEye Announces $400M Blackstone-Led Strategic Investment, Buys Respond Software in $186M Cash-and-Stock Deal


FireEye (Nasdaq: FEYE) announced that it will receive a strategic investment worth $400M from investment firm Blackstone and venture capital firm ClearSky. FireEye will use the proceeds from the Blackstone Tactical Opportunities-led investment to build up its managed services, platform and cloud portfolio and fund strategic growth initiatives, including its acquisition of cybersecurity company Respond Software

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