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BigBear.ai is a leader in data-driven decision dominance and advanced analytics with roots in the national security and defense community; rapidly expanding into the growing commercial sector •
Provides end-to-end data analytics platform operationalizing artificial intelligence ( AI ) and machine learning ( ML ) at scale, delivering information superiority and decision support for customers in defense, intelligence, and commercial sectors • billion in 2021 to $310 billion by 2026, at 40% CAGR • billion, implying 5.6x EV / FY2022E revenue multiple • million in net cash to the BigBear.ai balance sheet at closing •
Proceeds will fuel commercial growth projects, expand sales and marketing, and fund research and development to accelerate product offerings and inorganic growth through accretive M&A
Belcan Acquires VICTOR42, a Leader in Special Operations Forces Support and IT Solutions for the Federal Government
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CINCINNATI, May 27, 2021 /PRNewswire/ Belcan, LLC ( Belcan ), a global supplier of engineering, supply chain, technical recruiting, and information technology (IT) services to the Aerospace, Defense, Automotive, Industrial, and Government services markets, announced today that it has acquired VICTOR42 (or the Company ), a leading provider of special operations support, intelligence solutions and training, and IT services for the Federal Government. Terms of the transaction were not disclosed.
This acquisition marks the 17
th acquisition by Belcan under its ownership by AE Industrial Partners, LP ( AEI ), a private equity firm specializing in Aerospace, Defense & Government Services, Space, Power Generation, and Specialty Industrial markets.
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