Moore Kingston Smith advises CACI on acquisition of Bitweave
Moore Kingston Smith has advised CACI Limited on its acquisition of Bitweave Limited. Bitweave provides bespoke software engineering and data analytics service solutions for the national security sector in the UK.
This transaction aligns with CACI’s growth strategy to expand its portfolio of software and data specialist companies, deepen its reputation and expand its business into the UK’s national security space. This marks the fourth acquisition for CACI in recent years in the defense and national security sector.
Paul Winterflood, Adele Hebditch and Holly Cooper from Moore Kingston Smith’s corporate finance team and Thomas Acland and Sofie Wimborne from the corporate tax team provided both financial and tax due diligence on the transaction.
Sanjeev Gandhi, Corporate Development Director at CACI, commented: “It was a pleasure working with Paul, Adele and the team at MKS. They provided excellent, focused and first-rate financial and tax advice to us throughout the transaction culminating in a great result all-round for everyone.”
Paul Winterflood, corporate finance partner, commented: “We are delighted to have supported Sanjeev and the team at CACI on this acquisition which further strengthens their capabilities in the data and cyber security industries. We’re excited to continue to follow CACI’s progress.”
For more information please get in touch with the corporate finance or tax teams.