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New Deal


Announced

Completed

New Mountain-backed MAG Aerospace completed the acquisition of AASKI Technology.

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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United States

Private

Acquisition

IT Services: Other

it solutions

Single Bidder

Majority

Friendly

Private Equity

Completed

Synopsis

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New Mountain-backed MAG Aerospace, an American-owned military contractor, completed the acquisition of AASKI Technology, which offers communication engineering, intelligence analysis, investigation, litigation, and business systems services. Financial terms were not disclosed. "When considering all our options, the one that stood out the most is the fastest growing company serving the Department of Defense, MAG Aerospace, and the outstanding support that they provide to the Warfighter. It is an honor to join such an exceptional company," Bharat Parikh, AASKI CEO.

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