Transaction: QinetiQ

  • Date/Status
  • Client
  • Description
  • Transaction Value
  • May 23, 2014
    (Closed)
  • QinetiQ
  • Financial Advisor to QinetiQ plc on the divestiture of its US Services division to The SI Group
  • $215 million

QinetiQ US Holdings Inc., an indirect subsidiary of QinetiQ Group plc, has entered into a conditional agreement to sell the QinetiQ Group’s US Services division (excluding Cyveillance┬«) to The SI Organization, Inc. for an initial cash consideration of US$165 million plus a potential earnout of up to US$50 million in cash, following a market testing exercise that attracted a number of interested parties.