DLS Marine, a McLean Group companyDLS Marine: The Marine Practice of The McLean Group
The McLean Group
Transaction Announcement

The McLean Group Served as the Exclusive M&A Advisor Pathoras on its Sale to Bogart Associates, a Portfolio Company of CM Equity Partners.

Tysons Corner, VA
Pathoras acquired by Bogart Associates, a CM Equity Partners portfolio company

McLean, Va. – February 12, 2021 – The McLean Group is pleased to announce that it advised Pathoras an Intelligence Community contractor, in its sale to Black ICE (dba Bogart Associates), a member of the CM Equity Partners family of Companies. The transaction was led by The McLean Group’s Defense, Government & Intelligence (DGI) practice. Terms of the transaction were not disclosed.

This add-on provides increased capabilities in analytics, linguistics and IT services to Black Ice/Bogart Associates already robust platform. The acquired company applies counterinsurgency, counterintelligence, counterterrorism and operations research analysis, as well as cloud architecture and development and data science in support of mission-critical decision making to U.S Federal government intelligence agencies.

“It was a pleasure working with the team from Bogart Associates and CM Equity. Their vision for growth and acquisition strategy made it apparent from the start that this would be a fantastic partnership that significantly enhanced both organizations and brought additional capabilities to the government customer.”

Mitch Martin · Managing Director, The McLean Group

Bogart Associates, headquartered in Reston, Virginia, is a national security services company providing high-end, innovative technology solutions to the U.S. intelligence community in support of their core mission. The Company’s services include high-level software development, systems engineering, big data architecture services, cloud computing, and large-scale enterprise services which allow intelligence agencies to transform multiple sources of data into actionable intelligence.

CM Equity Partners (CMEP), based in New York, NY, provides capital to companies in the Federal services and aerospace and defense industries. For nearly thirty years, CMEP has partnered with management teams to build value in its investment companies by leveraging its long-standing industry knowledge, relationships, operating experience, and its corporate finance, M&A, and private equity expertise.

The McLean Group, LLC is a 25-year-old boutique investment bank and financial services firm focused on the Defense, Government & Intelligence (DGI), Security, Critical Infrastructure, and Maritime markets. Its team of licensed professionals brings deep industry experience and relentless execution to every client engagement. The McLean Group provides solutions that blend financial creativity with operational expertise. Whether they are providing transaction advisory services, valuation opinions, or growth capital, the Firm’s services are unmatched in these core markets. Learn more at www.McLeanLLC.com.

About The McLean GroupThe McLean Group is a middle market investment bank providing mergers and acquisitions, valuation advisory, and financial consulting services to businesses nationwide. Headquartered in Tysons Corner, Virginia, the firm has deep expertise in defense, government services, security, and technology sectors, and provides marine survey and appraisal services through DLS Marine.
Media contact: The McLean Group, LLC · 7900 Westpark Drive, Suite T300, Tysons Corner, VA 22102 · 703.827.0200 · info@mcleanllc.com
Securities transactions conducted through McLean Securities, LLC, member FINRA/SIPC.

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