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Business/Financial

AEI Merges Portfolio Companies NuWave, PCI To Scale-Up Data Analytics Platform

By Cal Biesecker

Tuesday, February 2nd, 2021

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AEI Merges Portfolio Companies NuWave, PCI To Scale-Up Data Analytics Platform

Dr.Reggie Brothers, CEO of BigBear.ai. Photo: BigBear.ai

The private equity firm AE Industrial Partners (AEI) on Tuesday said it has merged two of its data analytics and advanced information technology portfolio companies, NuWave Solutions and PCI Strategic Management, and renamed the scaled-up entity BigBear.ai, which it calls a leader in “decision dominance” solutions. BigBear.ai, which has more than 550 employees, is led by CEO Reggie Brothers, who was NuWave’s CEO, and Vice Chairman and Chief Strategy Officer Sean Battle, who was PCI’s co-founder and CEO. The company…

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