The McLean Group Served as the Exclusive M&A Advisor to an Undisclosed Intelligence Community Provider in its Sale to Bogart Associates, a Portfolio Company of CM Equity Partners.
McLean, Va. – February 16, 2021 – The McLean Group is pleased to announce that it advised an undisclosed Intelligence Community contractor in its sale to Black ICE (dba Bogart Associates), a member of the CM Equity Partners family of Companies. The transaction was led by The McLean Group’s Defense, Government & Intelligence (DGI) practice. Terms of the transaction were not disclosed.
This add-on provides increased capabilities in analytics, linguistics and IT services to Black Ice/Bogart Associates already robust platform. The acquired company applies counterinsurgency, counterintelligence, counterterrorism and operations research analysis, as well as cloud architecture and development and data science in support of mission-critical decision making to U.S Federal government intelligence agencies.
Mitch Martin of The McLean Group commented “It was a pleasure working with the team from Bogart Associates and CM Equity. Their vision for growth and acquisition strategy made it apparent from the start that this would be a fantastic partnership that significantly enhanced both organizations and brought additional capabilities to the government customer.”
Bogart Associates, headquartered in Reston, Virginia, is a national security services company providing high-end, innovative technology solutions to the U.S. intelligence community in support of their core mission. The Company’s services include high-level software development, systems engineering, big data architecture services, cloud computing, and large-scale enterprise services which allow intelligence agencies to transform multiple sources of data into actionable intelligence.
ABOUT CM-EQUITY
CM Equity Partners (CMEP), based in New York, NY, provides capital to companies in the Federal services and aerospace and defense industries. For nearly thirty years, CMEP has partnered with management teams to build value in its investment companies by leveraging its long-standing industry knowledge, relationships, operating experience, and its corporate finance, M&A, and private equity expertise.
About The McLean Group
For over 30 years, The McLean Group has been providing investment banking and financial services offerings focused on the Defense, Government & Intelligence (DGI), Security, Critical Infrastructure, Maritime, Facility Services, Unmanned Systems, and Public Safety markets. Our 60+ professionals bring deep industry experience and relentless execution to every client engagement. We provide solutions that blend financial creativity with operational expertise. Whether we are providing transaction advisory, valuation opinions, or growth capital, our services are unmatched in these core markets. Learn more at www.McLeanLLC.com.
RECENT NEWS
Webinar – Building Durable Companies During Periods of Uncertainty
In the govcon industry, this past year has been historic: DOGE, a record-breaking government shutdown and a CR that sets the stage for continued funding uncertainty, major shifts in defense acquisition strategy, rapid advances in AI and autonomy, and new SBA regulations that will reshape the small business landscape.
In this environment, durability isn’t an accident, it’s a design choice. Today we’re joined by two of the most respected investors in the national security ecosystem to explore how founders, CEOs, and growth-stage companies can navigate uncertainty, capitalize on emerging technologies, and build long-term competitive advantage regardless of political or budget volatility. […]
Webinar – Best Practices in Private Equity Deal Structuring & Valuation
This complimentary webinar brings together senior private equity leaders investing in the Defense, Government, and Intelligence sectors, offering firsthand insights into the strategies, valuation approaches, and deal structures that drive successful M&A outcomes. Panelists will share how top firms navigate risk, deploy capital, and create lasting value in a complex and rapidly evolving national security market. […]
Monthly Middle Market M&A Insider Report (October 2025)
The McLean Group’s October 2025 M&A Market Update highlights key developments shaping the Defense, Government & Intelligence, Security, Critical Infrastructure, Maritime, and Technology sectors. This month’s report features notable transactions involving industry leaders such as Anduril, Teledyne Technologies, Blue Delta Capital Partners, and Xcelerate Solutions, underscoring sustained investor interest in national security, maritime, and AI-driven technology platforms. […]