Tag Archives: Madison Dearborn Partners

CoVant, Madison Dearborn to Buy Airborne ISR Tech Provider AEVEX Aerospace

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Madison Dearborn Partners and CoVant Management have signed an agreement to purchase AEVEX Aerospace, a provider of airborne intelligence, surveillance and reconnaissance systems, for an undisclosed sum. The transaction is expected to be finalized by the end of the first quarter of 2020, subject to customary closing conditions, the companies said in a joint release published Monday.

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CACI Closes LGS Acquisition; Ken Asbury Quoted

CACI International (NYSE: CACI) has finalized its acquisition of LGS Innovations from CoVant Management and Madison Dearborn Partners. Ken Asbury, CACI president and CEO and a 2019 Wash100 winner, said in a statement published Friday the transaction marks the company’s next step in a strategy to broaden its cyber, electronic warfare …

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Private Equity Firms Buy Space Tech Maker LinQuest

CoVant Management and Madison Dearborn Partners have purchased Los Angeles-based space systems technology platforms provider LinQuest for an undisclosed sum. LinQuest CEO Leon Biederman will continue to oversee the company and maintain “a significant minority ownership position” in the firm along with other members of the management team, CoVant said Tuesday. Biederman …

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Report: PwC Mulls Sale of Govt Consulting Practice

PwC is considering selling the financial auditing and consulting firm’s government consulting practice that could be valued at approximately $500 million, Reuters reported Saturday. Sources told Reuters PwC expects the planned transaction to help the company pursue growth opportunities in providing auditing services to government agency clients and has tapped …

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Madison Dearborn, CoVant Finalize $200M LGS Innovations Purchase

A Madison Dearborn Partners and CoVant investor group has finalized its purchase of LGS Innovations from Alcatel-Lucent (NYSE: ALU) for $200 million. Alcatel-Lucent has sold LGS as part of an initiative to raise more than $1.4 billion by the end of 2015 through asset divestitures, Alcatel-Lucent said Tuesday. Half of the acquisition amount …

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