At what enterprise value was AVANTUS FEDERAL acquired in 2022?

During the acquisition of AVANTUS FEDERAL by QINETIQ in 2022, the company was valued at an estimated revenue multiple of below 5x. The transaction's Enterprise Value is estimated to be in the range of 500M - 1.5b USD. By registering for free, you get access to complete and exact transaction details including enterprise value, revenue, and EBITDA. Additionally, our database shows that the TMT (Tech, Media, Telecom) industry currently tracks an average EBITDA multiple of 14.4x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of AVANTUS FEDERAL when it was acquired by QINETIQ?

The estimated EV/EBITDA multiple for AVANTUS FEDERAL is in the range of 15x - 25x. For comparison, the TMT (Tech, Media, Telecom) sector currently shows an average EBITDA multiple of 14.4x. Join our community for free to access full valuation data and industry trends.

When was AVANTUS FEDERAL acquired by QINETIQ?

AVANTUS FEDERAL was acquired by QINETIQ in 2022.

What was the revenue of AVANTUS FEDERAL at the time of the deal?

The revenue of AVANTUS FEDERAL at the time of the deal is estimated to be in the range of 250M - 500M USD. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of AVANTUS FEDERAL during the acquisition?

AVANTUS FEDERAL's EBITDA is estimated to be in the range of 25M - 50M USD. Join our community for free to access complete and exact deal data.

What is Enterprise Value (EV)?

Enterprise Value (EV) is a measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization. EV includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as any cash on the company's balance sheet.

What is the EV/EBITDA multiple and why is it used?

The EV/EBITDA multiple is a financial ratio that compares a company's Enterprise Value (EV) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). It is widely used in M&A and valuation because it allows for comparisons between companies with different capital structures and provides a clear view of operational profitability.

How is the data for the AVANTUS FEDERAL acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the AVANTUS FEDERAL deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://www.qinetiq.com/en-us/news/qinetiq-us-to-acquire-avantus-federal

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Home Database TMT (Tech, Media, Telecom)AVANTUS FEDERAL

05/2022

AVANTUS FEDERAL acquired by QINETIQ

UNITED STATES IT Services / Consulting & Integration / Cybersecurity Services EV 500M - 1.5b USD

Context

QinetiQ US has entered into a definitive agreement to acquire 100% of Avantus Federal from NewSpring Holdings. The acquisition represents a transformational platform for QinetiQ, significantly expanding its presence within the U.S. intelligence and national security communities. The strategic rationale for the merger is to create a powerful growth platform that addresses complex global defense and cyber challenges at scale. Avantus brings a strong order backlog and highly complementary capabilities in data analytics and cyber operations that enhance QinetiQ's existing portfolio of autonomous systems and sensing technologies. For Avantus, joining QinetiQ US provides the global scale and infrastructure necessary to meet the rapidly evolving demands of its government customers. The combined entity is positioned as a unique innovator in the defense market, capable of delivering technical differentiation and "speed to impact" for warfighters and intelligence operators. The transaction was advised by Guggenheim Securities for the sell-side and Citizens and Gleacher Shacklock for the buy-side.

AVANTUS FEDERAL, which reported an EBITDA margin of LOGIN in 2022, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN to the average currently observed in the TMT (Tech, Media, Telecom) sector (14.4x).

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

-> Deep-dive in TMT (Tech, Media, Telecom) market trends

Target

Avantus Federal is a mission-focused mid-market powerhouse specializing in data, cyber, and space services for the U.S. government. With a workforce of approximately 1,150 highly-cleared professionals, the company provides technical and domain expertise across cyber technologies, data engineering, and intelligence analysis. Avantus serves a high-trust client base including the Department of Defense (DoD), the Intelligence Community, and the Department of Homeland Security. Its core value proposition centers on "speed-to-mission-impact," helping national security customers solve complex problems through digital engineering, software development, and space domain capabilities. The company's business model is characterized by high integration and a strong track record of sustained organic growth within durable and high-growth market areas of the federal sector.

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REFERENCES

Valuation range: EV 500M - 1.5b USD

Revenue range: 250M - 500M USD

EBITDA range: 25M - 50M USD

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of AVANTUS FEDERAL by QINETIQ are reserved for mynth community members. Register for free to unlock full data.

Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).