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Completed

Arlington-backed Tyto Athene completed the acquisition of Microtel.

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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Single Bidder

Majority

Private Equity

software development

Software

Completed

United States

Friendly

Acquisition

Domestic

Private

Synopsis

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Arlington-backed Tyto Athene, a federal systems integrator of mission-focused digital transformation solutions, completed the acquisition of Microtel, a software development and systems engineering firm deeply embedded in long-term, space missions for NASA and international space programs. Financial terms were not disclosed. “Our shared vision of innovation will allow us to explore other mission areas we can support. We are excited for our future with Tyto, and we look forward to delivering next-generation solutions that expand our support to NASA and other federal agencies,” Jerry Hengemihle, Microtel CEO.

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