McLean, Va. – February 12, 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.
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.