Houlihan Lokey Advises InfoZen

Houlihan Lokey is pleased to announce that InfoZen, LLC, has agreed to be acquired by ManTech (NasdaqGS:MANT) for $180 million.

InfoZen is a leading IT solutions provider with domain expertise in modernization, agile/DevOps software development, cloud migration, and threat monitoring and assessment capabilities in support of critical national and homeland security missions. Headquartered in Bethesda, Maryland, and founded in 1995, privately held InfoZen has built a strong legacy of successfully delivering next-generation mission IT solutions to transform legacy environments for its customers. InfoZen’s customer presence is primarily within the federal civilian market, and it has long-standing relationships with the Department of Homeland Security (DHS) and the National Aeronautics and Space Administration (NASA).

This transaction reinforces key trends in the government services M&A market:

• Buyers seeking increased exposure to DHS
• Interest in programs of scale and national importance
• Attractive capabilities focused on transformational NextGen IT

ManTech provides innovative technologies and solutions for mission-critical national security programs for the intelligence community; the departments of Defense, State, Homeland Security, Health and Human Services, Veteran Affairs, and Justice, including the Federal Bureau of Investigation (FBI); the health and space community; and other U.S. government customers. ManTech's expertise includes cybersecurity; software and systems development; enterprise information technology; multi-discipline intelligence; command, control, communications, computers, intelligence, surveillance, and reconnaissance (C4ISR); program protection and mission assurance; systems engineering; supply chain management and logistics; test and evaluation (T&E); training; and management consulting.

Houlihan Lokey is a leading M&A advisor to companies in the government services and defense technology market. Since 2014, Houlihan Lokey’s Government Services team has advised on 36 government services transactions valued cumulatively at over $5.7 billion.