2023 M&A Year In Review

Defense, Government & Intelligence (DGI)

We have been helping defense and government services contractors since 1997

Defense, Government & Intelligence

The McLean Group’s DGI practice provides M&A advisory and corporate finance services to middle market defense and government companies. Led by a seasoned group of senior finance experts, former industry executives as well as former military and intelligence professionals, our DGI team understands the unique qualitative and quantitative value drivers that impact federal contractors in the marketplace. These factors include: set-aside contracts, security clearances, contract backlog, government audits/compliance and prime/sub issues, among others.

The McLean Group has completed transactions with many of the industry’s most prominent strategic buyers and defense/government-focused private equity firms. In addition, we maintain close working relationships with key decision makers at all of the sector’s large and mid-tier public and private firms.

Our clients provide products and services to the DoD, IC and civilian government agencies in the following sectors, among others:

Recent Publications

The McLean Group is pleased to announce the release of our 2023 M&A Year in Review. In this report, we analyze the most recent M&A developments within the Defense & Government Services, Security, Critical Infrastructure, and Marine Sectors. Explore the latest M&A trends and activities within these sectors. [...]


Systems Engineering
Network Engineering
Software Development
Database Architecture
Hardware Manufacturing
Facilities Management


Financial and Strategic
International Development
Human Capital


Secure Networks
Component Manufacturing
Biometrics and Forensics
Information Assurance

Mitch Martin – The McLean Group

Mitch Martin

Position: Managing Director
Phone: 703.752.9009
Email: mmartin@mcleanllc.com

Mitchell Martin is co-head of the firm’s Defense, Government & Intelligence (DGI) practice. Selected recent transactions include the sale of ARRAY Information Technology to CGI, the sale of an undisclosed Intelligence Community Company to Veritas Capital, the sale of Protas to Criterion Systems, the sale of FireTeam to AE Industrial Partners, the sale of Cerilian to KACE and many others. Mr. Martin has led or co-led over 70 M&A transactions in the DGI sector.

Mr. Martin is regularly quoted as an industry expert in the Washington Post, Washington Business Journal, Defense News, Washington Technology and other industry publications.

Prior to joining The McLean Group, Mr. Martin held financial advisory positions with leading investment banks focused on M&A for defense and government service companies. Previously, he was an Army Captain and commanded an Infantry Company in the Middle East. Mr. Martin is Airborne and Ranger qualified, and currently holds a Top Secret Security Clearance.

Mr. Martin is an Honors Graduate of the United States Military Academy at West Point. He received his M.B.A. from the Sloan School of Management at the Massachusetts Institute of Technology and his M.P.A. from the John F. Kennedy School of Government at Harvard University.

When not working, Mitch enjoys spending time with his wife Tiffany and twin nine-year-old boys, Carter and Wes.

Professional Credentials

FINRA Registered Representative, General Securities Principal and FINOP (Series 7, 24, 28, 63, and 79)

Mitch Martin

Managing Director

Defense, Government & Intelligence

Andy Smith – The McLean Group

Andy Smith

Position: Managing Director
Phone: 703.827.0233
Email: asmith@mcleanllc.com

Andy Smith is co-head of the Defense, Government and Intelligence (DGI) practice. Mr. Smith has been recognized as a Super CPA by the Virginia Society of CPAs and Virginia Business and as one of Washington, DC’s Top 50 CPAs by SmartCEO magazine.

Mr. Smith launched his career at KPMG where he was a corporate finance and audit manager and worked in Washington, DC; Moscow, Russia, and Almaty, Kazakhstan. He later joined Washington Equity Partners as an associate director, supporting various international wireless telecommunications transactions. He also worked with a strategic advisory group to Lucent Technologies and was the Director of Finance of a wireless telecom services company.

Mr. Smith has been an Adjunct Professor with George Mason University’s MBA Program and is also a frequent speaker and author on business valuation topics. He has been a national instructor with National Association of Certified Valuation Analysts and a guest lecturer at Catholic University, University of Maryland, Georgetown University Law School, and Johns Hopkins University’s MBA program. In addition, he has been a designated expert witness in numerous court cases.

Mr. Smith is a Certified Public Accountant and is Accredited in Business Valuation with the American Institute of Public Accountants. Mr. Smith is a graduate of the University of Richmond’s E. Claiborne School of Business.

Professional Credentials

  • FINRA Registered Representative and Financial and Operations Principal (Series 7, 28, 63, 79, 99)
  • CPA (Virginia)
  • Accredited in Business Valuation (ABV) through the AICPA
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Professional Memberships

  • The Virginia Society of CPAs
  • American Institute of CPAs (AICPA)
  • National Association of Certified Valuation Analysts (NACVA)

Andy Smith

Managing Director

Defense, Government & Intelligence

Clearsoft acquired by brmi - The McLean Group
Synaptic Solutions acquired by PSS - The McLean Group
ATI sale to ANSER from SCRA
Applied Defense Solutions acquired by L3 - The McLean Group
KeyLogic on Its Sale to IIA Technologies Corp