Headquartered in McLean, Va., Data Tactics is a recognized leader in the design and deployment of highly tailored big data platforms and cloud computing architectures for the national security community. Since being founded in 2005, Data Tactics has grown rapidly and now employs approximately 200 people, including more than 150 data scientists, engineers, architects, and developers. The company has deep expertise in solving highly complex big data problems through its capabilities in data architectures, analytics, and engineering. In addition, the company offers several proprietary solutions, including the Big Data Engine, which provides an end-to-end big data platform, from initial ingest all the way through analytics and visualization, for both federal and commercial customers.

This transaction reflects increasing momentum in the M&A markets from both buyers and sellers. Federal agencies are increasingly focused on building and refining capabilities to address big data challenges and to utilize the power of cloud computing, areas in which Data Tactics has a strong reputation of providing support to its customers. Companies in this sector with demonstrated capabilities in these areas will continue to see strong interest from the market.

Headquartered in New York City, L-3 employs approximately 48,000 people worldwide and is a prime contractor in C3ISR (Command, Control, Communications, Intelligence, Surveillance and Reconnaissance) systems, platform and logistics solutions, and national security solutions. L-3 is also a leading provider of a broad range of electronic systems used on military and commercial platforms. The company reported 2013 sales of $12.6 billion.

Houlihan Lokey's Aerospace•Defense•Government (ADG) Group is a leading M&A advisor to aerospace, defense, government services, and homeland security companies. Since January 2012, we have advised on more than 40 transactions with an aggregate value of approximately $5 billion. With a staff of approximately 20 investment bankers in Washington, D.C., and Los Angeles, Houlihan Lokey's ADG Group is among the largest dedicated banking industry groups in the country.

Houlihan Lokey is an international investment bank with expertise in mergers and acquisitions, capital markets, financial restructuring, and valuation. The firm serves corporations, institutions, and governments worldwide with offices in the United States, Europe, and Asia. Independent advice and intellectual rigor are hallmarks of our commitment to client success across our advisory services. Houlihan Lokey is ranked as the No. 1 global restructuring advisor, the No. 1 M&A fairness opinion advisor for U.S. transactions over the past 10 years, and the No. 1 M&A advisor for U.S. transactions under $3 billion, according to Thomson Reuters.

If you would like more information about Houlihan Lokey, or if you have any questions regarding our role in the sale of Data Tactics to L-3, please contact one of the deal team members listed.