Chertoff Capital has announced the acquisition of Next Century Corporation by CACI International Inc. Next Century, a mission technology company, delivers advanced geospatial mapping, predictive analytics, data fusion, and machine learning to the intelligence community and Department of Defense.
Chertoff Capital LLC, the wholly owned investment banking subsidiary of The Chertoff Group, served as the exclusive financial advisor to Next Century.
John McBeth, CEO of Next Century said, “The Chertoff team laid the groundwork for our sale a full year in advance, strategically targeting our ideal buyer and then tailoring our value proposition for CACI’s senior decision-makers. This enabled us to accomplish our objectives outside of a traditional auction process.”
CACI closed on two other acquisitions during the month of October. Linndustries Shielding Specialties is a mission technology company, delivers hardened systems to protect from high altitude electromagnetic pulses and other electromagnetic interference.
Deep3, a mission expertise company, provides application development, data analytics, digital transformation and cyber security. This acquisition is part of CACI’s U.K. operations and supports U.K. national security and defense.
The aggregate purchase price for all three acquisitions was approximately $105 million and they are expected to add $50 million of revenue and $3 million of net income to the remainder of CACI’s fiscal year.
