ManTech buying personnel security investigations firm

ManTech International Inc. plans to buy MSM Security Services Inc. in a cash deal worth $5.25 million, ManTech announced today.

The deal is expected to close by mid March.

After closing, MSM of Greenbelt, Md., will operate as ManTech MSM Security Services Inc. under ManTech's Information Technology Solutions Group. ManTech's current investigative services business operations will be folded into ManTech MSM.

The acquisition of MSM will enable ManTech to expand service areas in support of priority national security programs for the DOD and intelligence community, said Bradley H. Feldmann, president of ManTech's Information Technology Solutions Group.

MSM President William Early Whaley will continue in his current position, ManTech said.

MSM specializes in personnel security investigations services to the federal government. The company has about 100 employees and annual revenue of $19.9 million. It also maintains a nationwide network of about 1,800 contract investigators that support the company's mission.

Quarterdeck Investment Partners LLC of Los Angeles served as financial adviser to ManTech on the transaction.

MSM has contracts with the U.S. Customs Service, Defense Security Service, National Security Agency and other federal agencies.

Two companies previously formed a joint venture that won a $50 million contract from the Naval Air Systems Command to provide services to supplement the background security investigative services capabilities of the Defense Security Service.

The acquisition of MSM is ManTech's fourth since its initial public offering in February 20002 and the second completing a follow-on public offering in December, the company said.

About the Author

William Welsh is a freelance writer covering IT and defense technology.

Reader Comments

Please post your comments here. Comments are moderated, so they may not appear immediately after submitting. We will not post comments that we consider abusive or off-topic.

Please type the letters/numbers you see above

What is your e-mail address?

My e-mail address is:

Do you have a password?

Forgot your password? Click here


  • VIDEO: Explore the 2019 M&A Trends

    Editor Nick Wakeman interviews Kevin DeSanto of the investment bank KippsDeSanto about the highlights of their annual M&A survey and trends driving acquisitions in the federal space. Read More


    In our latest Project 38 Podcast, editor Nick Wakeman and senior staff writer Ross Wilkers discuss the major news events so far in 2019 and what major trends are on the horizon. Read More

contracts DB

Washington Technology Daily

Sign up for our newsletter.

Terms and Privacy Policy consent

I agree to this site's Privacy Policy.