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Announced

Completed

Acacia-backed Applied Insight completed the acquisition of Bridges.

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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Software

Private

Domestic

Acquisition

Friendly

cybersecurity

Majority

Single Bidder

United States

Completed

Private Equity

Synopsis

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Acacia-backed Applied Insight, a technology solutions provider, completed the acquisition of Bridges, a Maryland-based specialist in cyber security, network engineering and big data analytics. Financial terms were not disclosed. "This is a true game changer because it means we can now deliver end-to-end hybrid and multicloud solutions, from infrastructure to actionable insight. For example, Bridges’ cross-domain capabilities extend our ability to support the full range of low-to-high-side workflows. Their cyber and analytics expertise, combined with our cloud infrastructure and emulation products and managed services, will help customers more effectively process and integrate vast amounts of classified and open-source information. Importantly, we know the Bridges team well from years of partnering together. They share our commitment to the national security mission and have experience delivering successful innovations to intelligence customers. We’re honored to have the team on board," Dede Dascalu, Applied Insight CEO.

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