Tyto Athene's newest acquisition centers on digital modernization – Washington Technology

M&A
Tyto Athene, a government IT and telecommunications services company, has acquired another business to further build out offerings in areas such as digital modernization and emerging analytics.
No terms are disclosed regarding Tyto Athene’s acquisition of Qbase, which was founded in 2005 by a group of chief technologist and executives of LexisNexis.
Reston, Virginia-headquartered Qbase was then recapitalized five years later by a group of former founders and executives that led Apptis, according to Qbase’s LinkedIn page.
Qbase touts its primary technology focus areas as including data management, analytics and visualization and high-throughput computing. The goal is to create enterprise network modernization solutions for defense and national security agencies that incorporate tools for software-defined networking, automation, cloud computing and cybersecurity.
This transaction represents the latest for Tyto Athene with the backing of its private equity owner Arlington Capital Partners, which acquired and rebranded the company in Summer 2018 through a carve out from then-parent Black Box.
More recently, Tyto Athene completed its purchase of the former AT&T defense IT professional services business in the spring and unveiled the integrated leadership team to steer the combined entity forward.
G Squared Capital Partners acted as financial adviser to Qbase on the transaction.
We have contacted officials at Tyto Athene for additional comment and will update this story upon receipt of a response.
About the Author
Ross Wilkers is a senior staff writer for Washington Technology. He can be reached at [email protected] Follow him on Twitter: @rosswilkers. Also connect with him on LinkedIn.

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