Alion Science and Technology Corp.
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Alion Science and Technology Corp. - overview
Established
2002
Location
McLean, VA, US
Primary Industry
Defence
About
Based in Virginia, US, Alion Science and Technology Corp. is an advanced engineering, IT, and operational solutions provider that was founded by 1,600 IITRI employees who purchased a majority of IIT Research Institute’s assets in 2002. In August 2015, Veritas Capital acquired a controlling stake in the company for USD 715 million. It was later sold in July 2021, when Huntington Ingalls Industries announced an agreement to buy the firm for USD 1.
65 billion in cash from Veritas Capital as Steve Schorer heads Alion Science and Technology Corp. as its CEO. The firm primarily provides engineering, research, and development services in the areas of artificial intelligence, cyber solutions, electronic warfare, military training and simulation, ISR (intelligence, surveillance, reconnaissance) technology, LVC (live, virtual, and constructive) solutions, and weapons platforms, serving various agencies of the United States Armed Forces. The company generated a revenue of USD 809.
2 million (revenue growth of 7. 3%) in 2020 and 872. 9 million (revenue growth of 14%) in 2019.
Primary Industry
Defence
Sub Industries
Engineering, Education & Training Services, Defence, IT Infrastructure, IT Security/Cybersecurity, Analytics & Performance Software, Application Integration Software, Systems Management Software
Website
www.alionscience.com
Verticals
Artificial Intelligence, Artificial Intelligence, Artificial Intelligence, EdTech
Company Stage
Acquired
Total Amount Raised
Subscriber access only
Alion Science and Technology Corp. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Alion Science and Technology Corp. | - | ||||||||
| Add-on | Completed | MacAulay-Brown, Inc. | - | ||||||||
| Secondary Buyout | Completed | Alion Science and Technology Corp. | - | ||||||||
| Recapitalisation | Completed | Alion Science and Technology Corp. | - | ||||||||
| Buyout | Completed | Alion Science and Technology Corp. | - |
Displaying 1 - 5 of 5
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.