Deal Details
BigBear Is Acquired by NuWave
Summary
BigBear Inc. (“BigBear” or the “Company”) has been acquired by NuWave Solutions (“NuWave”), a portfolio company of AE Industrial Partners, LP (“AE Industrial Partners”).
Baird served as exclusive financial advisor to BigBear Inc. on this transaction.
About
Founded in 2008, BigBear specializes in big data computing and analytics, cloud computing, artificial intelligence, machine learning, geospatial information systems, biotech and life sciences, data mining and systems engineering to customers in the United States defense and intelligence communities. The Company combines comprehensive technology solutions with its BigBear Platform to create entirely private, secure cloud environments in a unique manner that helps organizations enable big data computing, machine learning and improved decision-making while better managing risk. BigBear specializes in helping customers make sense of their data by delivering the most advanced customized data analytics solutions available today. BigBear is headquartered in San Diego, California, with additional offices in Reston, Virginia, and Charlottesville, Virginia. NuWave’s acquisition of BigBear illustrates the following buyer priorities in Government & Defense M&A: strategic positioning in the defense and intelligence communities with enduring mission support, differentiation through proprietary technology solutions applied to data intensive environment, an elite cadre of technical thought leaders and subject matter experts, and private equity-backed companies executing an inorganic growth strategy. NuWave Solutions is a leading provider of data management, advanced analytics, artificial intelligence, machine learning, and cloud solutions that delivers anticipatory intelligence and advanced decision support solutions and technologies to the federal government. NuWave provides innovative, customized solutions through development, selection, and integration of leading technologies. NuWave has unmatched expertise in advanced technologies across the analytics and data management lifecycle and applies its expertise and teamwork to give customers the ability to solve complex problems, communicate, and manage information. AE Industrial Partners is a private equity firm specializing in Aerospace, Defense & Government Services, Power Generation, and Specialty Industrial markets. AE Industrial Partners invests in market-leading companies that can benefit from our deep industry knowledge, operating experience, and relationships throughout our target markets.CONTACT US TO LEARN MORE
- Date
- December 2020
- Company
- BigBear Inc.
- Transaction
- M&A - Sellside
- Sectors
-
Industrial
Technology & Services - Verticals
-
Defense & Government
- Target Geography
- North America
- Acquiror Geography
- North America
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