CENTAURI acquired by KBR
Context
The acquisition of Centauri by KBR Inc. is a strategic move to expand KBR's capabilities in the cybersecurity and space domains. The deal is expected to create a leader in end-to-end military, intelligence, and commercial space solutions, and to drive growth and innovation in the industry. The acquisition is also expected to enhance KBR's scale and add complementary expertise and space domain awareness to its strong space system design, development, test, launch, and operations capabilities. The deal is a result of KBR's mission to become a highly technical, mission-focused organization, and is expected to create new opportunities for the company to deliver high-quality solutions to its clients. The acquisition is also expected to bolster KBR's position in the government services and technology sectors, and to drive growth and innovation in the industry. With the addition of Centauri's world-renowned technical talent, specialized mission expertise, and advanced R&D labs, KBR is well-positioned to deliver sustainable solutions and drive value for its clients and shareholders.
CENTAURI, which reported an EBITDA margin of LOGIN in 2021, 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
Centauri is a leading provider of cybersecurity services to the US government, with a strong focus on space and defense technologies. The company was formed in 2019 through the merger of three companies: Integrity Applications, Xebec Global, and Dependable Global Solutions. With 22 offices and 1,750 employees, Centauri offers a range of services including forensic, diagnostic, and preventative cybersecurity solutions to protect government agencies from the latest threats. The company has a strong track record of innovation and has made several strategic acquisitions in recent years, including The Design Knowledge Company, Kord Technologies, and PreTalen, which have bolstered its cyber warfare expertise. Centauri's commitment to delivering high-quality solutions has earned it a reputation as a trusted partner to the national security community, and its world-renowned technical talent, specialized mission expertise, and advanced R&D labs underlie its enduring market advantage.
Ent. Value
LOGIN
Equity Value
LOGIN
Multiples
EV / Revenue
LOGIN
EV / EBITDA
LOGIN
EV / EBIT
LOGIN
Historical Financials (USD)
Similar deals in TMT (Tech, Media, Telecom)
| Date | Acquirer | Target | Country | Sector | Deal Context |
|---|---|---|---|---|---|
| 07/2020 | KKR | DEVOTEAM | FRANCE | IT Services | The founders of Devoteam have partnered with the global financial sponsor KKR to launch a tender offer aimed at taking the organization private. This strategic restructuring is designed to transition the entity from a public listing to a private ownership model, providing the founders with reinforced legal and operational control |
| 07/2020 | HIG CAPITAL | PROJECT INFORMATICA | ITALY | IT Services | HIG Europe has acquired a majority stake in the Italian IT services provider Project Informatica from its founder. The strategic rationale for the transaction is to support the company’s next phase of development within the rapidly evolving Italian technological landscape |
| 02/2020 | BAIN CAPITAL | ENGINEERING INGEGNERIA INFORMATICA | ITALY | IT Services | Bain Capital has announced the signing of a definitive agreement to acquire a majority stake in Engineering from Apax Partners and NB Renaissance, in a secondary leveraged buyout (LBO) transaction. The deal marks the complete exit of Apax Partners, a long-standing shareholder, while NB Renaissance has chosen to reinvest in the company through new investment vehicles, demonstrating its commitment to supporting Engineering's next phase of growth |
| 11/2019 | PECHEL | JEMS GROUP | FRANCE | IT Services | Pechel and Omnes Capital backed the management team, led by Jacques Benhamou, to acquire the group from its founders. This primary LBO aimed to reorganize the capital around the management and provide the financial resources to accelerate the group's specialization in Big Data and cloud services |
| 07/2019 | ORANGE | SECURELINK | NETHERLANDS | IT Services | Orange SA has announced a definitive agreement to acquire 100% of SecureLink, executing a major cross-border corporate buyout within the European digital infrastructure sector. The acquisition thesis represents a strategic consolidation play designed to transform Orange into a pan-European leader within the highly fragmented managed security services market |
| 07/2019 | 3I | EVERNEX | FRANCE | IT Services | 3i Group has acquired a substantial majority stake in Evernex from Carlyle Europe Technology Partners (CETP). 3i pre-empted a planned auction process, having tracked the asset for over two years. The deal supports the management team, led by CEO Stanislas Pilot, in continuing their international buy-and-build strategy and diversifying their service offerings |
| 06/2019 | CAPGEMINI | ALTRAN | FRANCE | IT Services | Capgemini, a global leader in consulting and IT services, and Altran Technologies, the world leader in engineering and R&D services, have entered into an agreement for a friendly takeover. The transaction, structured as a cash tender offer at �14 |
| 04/2019 | CGI | ACANDO | SWEDEN | IT Services | CGI has successfully completed the acquisition of Acando AB, a leading Northern European consultancy specializing in management and digital services. This strategic transaction significantly expands the organization's technical capacity and operational density in key European markets, particularly within Sweden, Norway, and Germany |
| 04/2019 | THALES | GEMALTO | NETHERLANDS | IT Services | Thales successfully executed the acquisition of Gemalto, a premier specialist in digital identity and security. This strategic combination, finalized over a rapid fifteen-month period, culminates in the creation of an entity with a formidable global workforce of approximately 80,000 employees |
| 03/2019 | LBO FRANCE | INFODIS | FRANCE | IT Services | Infodis, a French digital services company (ESN) specializing in IT outsourcing and infrastructure management, has entered its second LBO cycle. LBO France has acquired a 65% majority stake in the group, facilitating the exit of Ciclad, which had supported the company�s initial development phase |
REFERENCES
Valuation range: EV 500M - 1.5b USD
Revenue range: 450M - 900M USD
EBITDA range: 50M - 100M USD
Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of CENTAURI by KBR 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).
Press release: view release
Target: centauri
Acquirer: kbr