QinetiQ acquisition of Avantus Federal
QinetiQ bought Avantus, a US federal cyber and data analytics firm.
- Company
- Avantus Federal
- Type
- M&A
- Status
- Completed
- Date
- 23 Nov 2022
- Value
- US$590m
- Value basis
- US$590m enterprise value; funded with cash and term loans
- Region
- US
- Segment
- Government services
Parties
- QinetiQ US buyer
- NewSpring Holdings seller
Key terms
- Enterprise value
- US$590m
- Announced
- 5 Aug 2022
Sources
- QinetiQ: QinetiQ US completes acquisition of Avantus Federal qinetiq.com · 23 Nov 2022
Record DEF-INV-2022-0012. Investments are kept apart from the financings register and never counted in debt totals.
