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Carlyle To Acquire ManTech For $4.2 Billion

Cal Biesecker By
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Carlyle To Acquire ManTech For $4.2 Billion
Kevin Phillips, chairman, president and CEO of ManTech International. Photo: ManTech

Ending more than two months of speculation about a potential buyer, ManTech International Corp. [MANT] on Monday said it has agreed to be acquired by the private equity firm Carlyle [CG] for $96 per share representing an enterprise value of about $4.2 billion. The transaction is expected to close in the second half of 2022 subject to approvals by regulators and the company’s shareholders. No date has been set for a shareholder vote. The company’s board unanimously approved the deal…

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