Brown Gibbons Lang Sells Open-Source Intelligence Provider to PE Firm
Deal News | Dec 12, 2024 | Brown Gibbons Lang and Company (BGL)
Brown Gibbons Lang & Company (BGL), a prominent advisory firm, has announced the successful sale of a leading open-source intelligence service provider specializing in national security intelligence and technology. The buyer is a middle-market private equity firm based in Chicago. BGL’s Aerospace and Defense team facilitated the transaction, highlighting the strategic importance of intelligence services in maintaining national security. This deal underscores the ongoing interest from private equity firms in acquiring innovative companies that contribute to defense and aerospace industry advancements.
Sectors
- Aerospace & Defense
- Private Equity
Geography
- United States – The transaction involves companies based in the United States, with the buyer being a Chicago-based private equity firm.
Industry
- Aerospace & Defense – The transaction involves the sale of a national security-focused intelligence services provider, key to the Aerospace & Defense industry.
- Private Equity – Involvement of a middle-market private equity firm as the buyer indicates strong interest from this sector in national security services.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Brown Gibbons Lang & Company (BGL) | Advisor | Company | BGL is the financial advisor facilitating the sale of the open-source intelligence service provider. |
| Chicago-based Private Equity Firm | Buyer | Company | The private equity firm acquiring the intelligence service provider, enhancing its portfolio in national security-related industries. |
| Open-Source Intelligence Service Provider | Target company | Company | The company sold, providing critical intelligence services and technologies for national security. |