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New Deal


Announced

Completed

BigBear.ai completed the acquisition of Pangiam for $70m.

Financials

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Transaction Value£56m
Consideration TypeOrdinary Shares
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Digital Services

United States

artificial intelligence

Acquisition

Domestic

Majority

Private

Friendly

Single Bidder

Private Equity

Completed

Synopsis

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BigBear.ai, an AI-enabled business intelligence solutions provider, completed the acquisition of Pangiam, a technology company, for $70m. “The decision to acquire Pangiam is rooted in a strategy to bolster our portfolio through both organic and inorganic tactics, accelerate our growth in adjacent market categories and customers, and deliver increased value to our stockholders. Today marks a milestone in BigBear.ai’s journey,” Mandy Long, BigBear.ai CEO.

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