Deal Details
Bridges Is Acquired By Applied Insight
Summary
Bridges Inc. (“Bridges” or the “Company”) has been acquired by Applied Insight, a portfolio company of The Acacia Group (“Acacia”).
Baird served as exclusive financial advisor to Bridges Inc. on this transaction.
About
Bridges is a Maryland-based leading provider of cyber security, network engineering, and big data analytics solutions for the Intelligence Community. The Company has developed a suite of security and analytics products and applications that are deployed in highly sensitive customer environments and have broad applications beyond the Intelligence Community. Bridges’ has a team of more than 100 cleared professionals skilled in cross-domain network solutions, network security, custom application development and data analytics. The Company was founded in 2000 with the mission to protect sensitive information and shape big data into confident decisions.In addition to bringing complementary capabilities to Applied Insight in network security, cloud engineering, data science, cross-domain solutions and application development, the acquisition will enable the Company to deliver end-to-end cloud infrastructure and data analytics in a way that is unique to the industry. Bridges will also expand Applied Insight’s portfolio of intellectual property, strengthening its position with strategically important intelligence customers.
Applied Insight’s acquisition of Bridges illustrates the following buyer priorities in Government & Defense M&A: increasing focus on cyber security and data analytics, differentiation through innovative technology insertion that drives mission outcomes, strong cultural compatibility and alignment, and private equity-backed companies executing an inorganic growth strategy.
Applied Insight delivers pragmatic solutions for mission-critical federal missions. It works closely with agencies and industry to overcome technical and cultural hurdles to innovation, empowering them with the latest cloud, data and cyber capabilities. Its solutions help people work better, faster, and more securely – no matter where they are.
The Acacia Group is a team of operational investors with a long track record in the U.S. technology and services markets. It sees value in technologies that enable people to collaborate in sustaining society, from security and the economy to institutions and infrastructure. It invests in entrepreneurs who share that mission, bringing the capital, experience, and relationships to enable them to take their business to new heights.
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- Date
- February 2021
- Company
- Bridges Inc.
- Transaction
- M&A - Sellside
- Sectors
- Technology & Services
- Verticals
-
Defense & Government
IT Services, Security & Infrastructure
Marketing, Data & Analytics
- Target Geography
- North America
- Acquiror Geography
- North America
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