Houlihan Lokey Advises General Dynamics

Houlihan Lokey is pleased to announce that General Dynamics Corp. (NYSE:GD; General Dynamics) has sold its Italian subsidiary, General Dynamics Mission Systems–Italy (GDMS–Italy), to Maticmind, an Italian system integrator controlled by CVC Capital Partners (CVC), with Cassa Depositi e Prestiti Equity (CDP Equity) a minority shareholder. The transaction closed on 26 April 2024.

Headquartered in Rome, Italy, GDMS-Italy specialises in the design, architecture, integration, and implementation of highly complex information technology, communications, security, and surveillance systems in the defence, energy, and critical infrastructure end markets. With important partnerships with NATO and several ministries of defence, GDMS-Italy has more than 60 years of success in delivering turnkey systems globally, with operations in Italy, Turkey, and Brunei.

General Dynamics, headquartered in Fairfax, Virginia, provides mission-critical solutions for defence, intelligence, and cybersecurity customers in all domains. General Dynamics employs approximately 12,500 people worldwide.

Maticmind is an Italian system integrator in the information and communication technology sector. The company provides solutions for networking, cybersecurity, digital workplace, data centre, cloud, enterprise applications, and automation/IoT. In August 2022, Maticmind was acquired by CVC, with a minority stake acquired by CDP Equity, an Italian sovereign fund.

Houlihan Lokey served as the exclusive financial advisor to General Dynamics and assisted in structuring the transaction process as well as marketing and negotiating the transaction.