ManTech International [MANT] last Thursday said it has acquired H2M Group, a provider of analysis services and solutions to the intelligence community, a deal that bolsters the company’s presence with intelligence customers, primarily the National Geospatial-Intelligence Agency (NGA).

Terms of the deal were not disclosed. ManTech said it paid for H2M with cash on hand and its existing credit line.

A ManTech spokesman told Defense Daily

last Friday that H2M’s “depth in analytics was a major factor” driving the acquisition. H2M Group, based in Northern Virginia, has core capabilities in geospatial analysis, geo-intelligence, cartography, image and real-time video analysis.

“Real time video analysis is another capability of great importance to the intelligence community,” the spokesman said via email response to questions.

ManTech said that H2M’s “automation techniques” help intelligence analysts sort through data to find actionable information for decision-making.

H2M was founded in 2014 and has demonstrated “strong growth and profits since its launch,” the spokesman said.

“In just a few short years, H2M Group has established impressive relationships across the geospatial and intelligence communities,” Rick Wagner, president of ManTech’s Mission, Cyber & Intelligence Solutions Group, said in a statement. “These trusted partnerships will help bolster ManTech’s presence in this vital marketspace as we continue to work hard to meet our customers’ needs, now and in the future.”

H2M will become part of Wagner’s group.

H2M has about 180 employees, most of who support intelligence missions. The company’s senior management is joining ManTech.

For the NGA, ManTech currently provides secure enterprise IT services.

ManTech said the structure of the acquisition is such that it will receive a step-up in the tax basis of the intangible assets acquired.