Leading global law firm Baker McKenzie has advised QinetiQ Group plc on the completion of the acquisition of Avantus Federal LLC from NewSpring, for an enterprise value of USD 590 million.
Avantus is a leading provider of cyber, data analytics and software development solutions to the US Department of Defence, Intelligence Commmunity and other Federal civilian agencies, and marks a major development for QinetiQ in the global security and defense sector. Avantus represents a perfect strategic fit for QinetiQ and the combination will provide a strong platform for the Group to drive further growth in the US and around the world.
Baker McKenzie Corporate Finance Partner Helen Bradley, who led the deal, commented:
"We are delighted to have acted for QinetiQ on the completion of this transaction which represents a major step for QinetiQ towards achieving its strategic growth ambition in the largest defence and security market in the world. It is also testament to the strength and depth of our fantastic cross-practice, cross-border team, and our ability to collaborate so seamlessly."
Baker McKenzie's team included Ben Saraci (Senior Associate, London), Simon Foster (Associate, London), Akshay Prasad (Trainee, London) and Eleanor Dive (Trainee, London), Ryan McGrath (Trainee, London) in the Firm's Corporate Finance practice. They were supported by a cross practice team including Marc Paul (Partner, Washington), Jonathan Northington (Associate, Chicago) Heiko Burow (Counsel, Dallas) Chris Guldberg (Partner, Chicago), Kimberly Franko (Partner, New York), Danielle Lawrence (Associate, New York), Brian Burke (Partner, Washington) Arvind Miriyala (Associate, Washington), Aleesha Fowler (Associate, New York), Martine Gaetan (Associate, Washington), Alexandre Lamy (Partner, Washington), Taylor Parker (Associate, Washington) Jennifer Cohen (Associate, Chicago), Matthew McCarthy (Associate, Chicago), Adam Aft (Partner, Chicago), Cristina Messerschmidt (Associate, Chicago), Kai Kramer (Partner, Houston), Ross Staine (Associate, Houston).
Avantus is a leading provider of cyber, data analytics and software development solutions to the US Department of Defence, Intelligence Commmunity and other Federal civilian agencies, and marks a major development for QinetiQ in the global security and defense sector. Avantus represents a perfect strategic fit for QinetiQ and the combination will provide a strong platform for the Group to drive further growth in the US and around the world.
Baker McKenzie Corporate Finance Partner Helen Bradley, who led the deal, commented:
"We are delighted to have acted for QinetiQ on the completion of this transaction which represents a major step for QinetiQ towards achieving its strategic growth ambition in the largest defence and security market in the world. It is also testament to the strength and depth of our fantastic cross-practice, cross-border team, and our ability to collaborate so seamlessly."
Baker McKenzie's team included Ben Saraci (Senior Associate, London), Simon Foster (Associate, London), Akshay Prasad (Trainee, London) and Eleanor Dive (Trainee, London), Ryan McGrath (Trainee, London) in the Firm's Corporate Finance practice. They were supported by a cross practice team including Marc Paul (Partner, Washington), Jonathan Northington (Associate, Chicago) Heiko Burow (Counsel, Dallas) Chris Guldberg (Partner, Chicago), Kimberly Franko (Partner, New York), Danielle Lawrence (Associate, New York), Brian Burke (Partner, Washington) Arvind Miriyala (Associate, Washington), Aleesha Fowler (Associate, New York), Martine Gaetan (Associate, Washington), Alexandre Lamy (Partner, Washington), Taylor Parker (Associate, Washington) Jennifer Cohen (Associate, Chicago), Matthew McCarthy (Associate, Chicago), Adam Aft (Partner, Chicago), Cristina Messerschmidt (Associate, Chicago), Kai Kramer (Partner, Houston), Ross Staine (Associate, Houston).
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