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New Deal


Announced

By Light Professional IT Services to acquire Metova Federal.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

cyber training solutions

Management Consulting

Majority

Pending

United States

Acquisition

Private

Friendly

Synopsis

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By Light Professional IT Services, a provider a full range of hardware and software engineering services to defense, civilian, and commercial customers has agreed to acquire Metova Federal, a provider of tailored cyber training solutions. Financial terms were not disclosed. With the addition of Metova Federal’s software, solutions and services, By Light is positioned to help customers meet increasingly complex and ever-changing mission threats and requirements. "We are thrilled to combine Metova Federal's proven track record as a high-end, mission-critical cyber range and cyber services provider with By Light's own strong cyber and intel practice. This acquisition will allow us to expand and diversify our cyber offering to better serve our customers," Bob Donahue, By Light Professional IT Services CEO and Founder.

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