BigBear.ai Acquires Ask Sage for $250M

BigBear.ai Completes Business Combination With GigCapital4

December 7, 2021

AI & Machine Learning

BigBear.ai completed a business combination with SPAC GigCapital4 and emerged as a publicly traded company (NYSE: BBAI) on December 8, 2021, in a transaction that values the combined company at approximately $1.378 billion pro forma enterprise value. AE Industrial Partners is a lead private equity partner supporting the transaction; BigBear.ai will use the public listing and capital base to accelerate product development, commercial expansion across government and commercial markets, and potential inorganic growth.

Highlander Partners Acquires Black Sage Technologies

January 31, 2023

Aerospace & Defense

Highlander Partners, through its defense-focused division High Point Aerotechnologies, acquired Black Sage Technologies from Acorn Growth Companies. Black Sage, a Boise-based developer and integrator of Counter-UAS hardware and its DefenseOS C2 software, will complement Highlander’s growing C-UAS platform and expand capabilities for military, internal security, and critical infrastructure customers.

Sagility Acquires BirchAI

March 26, 2024

Healthcare Services

Sagility LLC has acquired Seattle-based BirchAI, a GenAI healthcare technology company that provides cloud-based conversational AI and call automation for complex healthcare interactions. The acquisition expands Sagility's analytics and automation capabilities to improve member, patient and provider engagement across payers, health systems and other healthcare providers.

SAP Acquires Askdata

July 21, 2022

Data & Analytics

SAP SE has acquired Askdata, a search-driven analytics startup that applies AI and natural-language processing to let users query live data via plain-language search. Askdata's IP will be integrated into SAP Business Technology Platform and SAP Analytics Cloud to provide a lightweight, conversational analytics experience; financial terms were not disclosed.

Criterion Systems Acquires SAGE Black Consulting and Contracting

September 28, 2021

Cybersecurity

Criterion Systems, Inc. has acquired SAGE Black Consulting and Contracting, LLC, a small government contractor specializing in software engineering for GEOINT/SIGINT, space, and cyber with growing AI/ML capabilities. SAGE Black will operate as a wholly-owned subsidiary within Criterion's Intelligence Solutions business unit to strengthen Criterion's software engineering, AI/ML, and intelligence-focused services for federal and intelligence community customers; financial terms were not disclosed.

NV5 Global Acquires Sage Renewable Energy Consulting

August 24, 2021

Energy

NV5 Global, Inc. acquired Sage Renewable Energy Consulting, Inc. in a cash-and-stock transaction to expand NV5's clean energy and ESG consulting capabilities. Sage, based in the San Francisco Bay Area and founded in 2009, brings expertise in solar, battery storage, microgrids, electric vehicle planning, and project management across public and private sector clients.