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Announced

Saalex to acquire Spalding Consulting for $75m.

Financials

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Transaction Value£59m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

United States

software development

engineering services

information technology

IT Services: Other

Domestic

Pending

Private

Friendly

Majority

Single Bidder

Synopsis

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Saalex, an engineering & information technology services company, agreed to acquire Spalding Consulting, a provider of software development, information technology, and engineering services to the defense industry, for $75m. "At Saalex, we are continually exploring avenues for inorganic growth to complement our strong proposal capabilities. The acquisition of Spalding Consulting aligns seamlessly with our expansion objectives," Travis Mack, Saalex Chairman and CEO.

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