Deal Details
McKean Is Acquired By Noblis
Summary
McKean Defense Group, Inc. (“McKean”) has been acquired by Noblis, Inc. (“Noblis”).
Baird served as exclusive financial advisor to McKean on this transaction.
About
McKean is a market leader in U.S. Navy surface ship readiness, modernization, sustainment, and integration solutions. McKean has a long-standing presence providing full-spectrum life-cycle management, engineering, enterprise transformation, applications development, and cyber solutions to support the Navy’s transformation. McKean is headquartered in Philadelphia, Pennsylvania.Noblis’ acquisition of McKean leverages McKean’s deep heritage within the Navy to expand Noblis’ defense business, bringing new and complementary capabilities, technologies, and contract vehicles.
Noblis’ acquisition of McKean illustrates the following buyer priorities in Government & Defense M&A: Navy as a strategic priority market, a focus on Full & Open prime contracts, and strength of brand and heritage driving strong buyer interest.
Noblis is a non-profit science, technology, and strategy organization dedicated to creating forward-thinking technical and advisory solutions in the public interest. Noblis works with a wide range of government clients in the defense, homeland security, intelligence, law enforcement, and federal civil sectors. Noblis is headquartered in Reston, Virginia.
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- Date
- May 2021
- Company
- McKean Defense Group, Inc.
- Transaction
- M&A - Sellside
- Sectors
-
Industrial
Technology & Services - Verticals
-
Aerospace & Defense
Defense & Government
IT Services, Security & Infrastructure
- Target Geography
- North America
- Acquiror Geography
- North America
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