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GigCapital4 : BIGBEAR.AI TO BECOME PUBLICLY TRADED COMPANY VIA MERGER WITH GIGCAPITAL4 (Form 8-K)



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 ....

United States , Palo Alto , Brian Ruby , Kirk Konert , Brad Weightman , Raluca Dinu , Jeffrey Hart , William Blair , Oppenheimer Co Inc , Defense Government Services , Department Of Defense , Fortress Investment Group , Exchange Commission , Critical Solutions For Decision Dominance , Securities Exchange , Us Intelligence Community , Highbridge Capital Management , Mayer Brown , Marathon Asset Management , Critical Solutions , Decision Dominance , Chief Executive Officer , Private To Public Equity , Founding Managing Partner , Gigcapital Global , Specialized Management ,

Belcan Acquires VICTOR42, a Leader in Special Operations Forces Support and IT Solutions for the Federal Government


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. ....

United States , Bobby Boucher , Jennifer Hurson , Lance Kwasniewski , Caroline Luz , Tyler Letarte , Intelligence Solutions , Defense Government Services , It Services , Lambert Co , Kirkland Ellis , Us Department Of Veterans Affairs , Business Development , Impresa Legal Group , Defense Threat Reduction Agency , Government Services , Power Generation , Specialty Industrial , Federal Government , Operations Command , Veterans Affairs , Palantir Technologies , Mark Hunker , Vice President , Service Disabled Veteran Owned Small Business , Special Operations Support ,