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16
First Quarter 2016
Notable Announced M&A Transactions
Source: Public Filings, Capital IQ and InfoBase as of 3/31/2016
Closed
Closed
Closed
February 22, 2016
February 21, 2016
April 4, 2016
Notes
Notes
Notes
General Dynamics Mission Systems
acquired Bluefin Robotics Corp., a
subsidiary of Battelle Memorial
Institute (BMI). Bluefin Robotic
performs lifecycle services such as
research and development,
technology integration, full-scale
manufacturing, platform training and
operations support work for
unmanned undersea vehicles
(UUVs). Terms of the transaction
were not disclosed.
JTG, Inc. completed an employee
stock ownership plan (ESOP) buyout
led by management. JTG provides
end-to-end solutions to government
and commercial customers requiring
deep knowledge of global intelligence
and the agility to respond to a rapidly
changing world. The McLean Group
served as the exclusive transaction
advisor to JTG.
In February Arlington Capital
Partners entered into a definitive
agreement to acquire the Defense &
Security business of iRobot Corp. for
up to $45 million in total
consideration, including a contingent
payment based on achieving certain
milestones. The Company’s leading
robotic designs are proven in the
most dangerous and hostile
environments, providing warfighters
and first-responders with invaluable
situational awareness while
improving mission effectiveness and
saving lives. The transaction closed
April 4, 2016.
acquired
ESOP Buyout
acquired
Defense & Security business