Market Insight: by Michael Cromwell
Most of the commentary about the M&A market for Government Services firms tends to be about recent transactions or recent trends. The purpose of this article is to provide longer term context in this cyclical market.
It goes without saying, but is still important to recognize, that the most basic fundamental driver of the M&A market for Government Services firms is the market demand for their services. Another significant factor is how the Government changes its procurement of those services. These two forces impact both the growth strategies and the valuations of those firms, and each has an enormous impact on the Government Services M&A market.
The Contract Waterfall: Important Financial Tool in a Federal Government Contractor’s Toolset The contract waterfall plays an important role for both the buyer and the seller in an acquisition and is arguably the most important information that parties will use in the due diligence process What is a Contract Waterfall? The contract waterfall sets forth […]Read More
Outcome Capital Advises Forward Photonics in its Sale April 24, 2020, Reston, VA Outcome Capital, an investment banking firm that serves middle market growth companies in aerospace, defense and government services, technology, life sciences and healthcare, is pleased to announce that Forward Photonics, LLC (the “Company”) has been acquired by an undisclosed private equity […]Read More