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New Deal


Announced

Completed

BigBear completed the acquisition of ProModel.

Financials

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

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Friendly

Domestic

Single Bidder

Private

Completed

United States

analytic software

Acquisition

Software

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Synopsis

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BigBear, an AI-powered analytics and cyber engineering solutions provider, completed the acquisition of ProModel, a provider of simulation-based predictive analytics software for manufacturing, healthcare, shipbuilding, and other industries. Financial terms were not disclosed. "ProModel's solutions uncover new insights to improve quality and efficiency in manufacturing, distribution, and many other industries, making them a great fit for our commercial strategy. ProModel's focus on helping organizations make better decisions faster, coupled with its unrivaled corporate culture, perfectly aligns with our vision and mission. Our AI-powered decision support technology will offer tremendous advantages to ProModel's customers. We're excited to welcome them and all ProModel employees and partners into the BigBear.ai community," Reggie Brothers, BigBear CEO.

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