Industry Focus
Physical & Cyber Security
M&A advisory services to meet the growing needs of our security clients.
Overview
Physical & Cyber Security
The McLean Group’s Security Team is well positioned to deliver optimal outcomes for its clients. By utilizing our team’s extensive network of strategic and financial relationships in the Security and Security Technology sectors, we provide security firms with outcomes that consistently exceed client expectations.
Our seasoned group of senior industry executives, financial advisors, and former military and intelligence officers maintains market expertise in both products and services supporting physical security, security solutions, and cyber security.
The McLean Group supports the security subsectors below.
Coverage
The security subsectors we support
Physical Security
Protective Services
Threat Intelligence
Investigations
Critical Event Management
Training & Awareness
Cyber Security
Network & Cloud Security
Application Security
End-Point & IoT Security
Threat Intelligence
Security Orchestration & Automation
Security Solutions
Video Management & Analytics
Access Control & Intrusion Detection
Systems Integration
Physical Identity & Access Management
Mission-Critical Communications
Senior Coverage
Leadership
Joshua ButlerManaging DirectorInvestment Banking · Tysons Corner, VAjbutler@mcleanllc.com703.827.0008
Mitch MartinManaging DirectorCo-head, Defense, Government & Intelligence · Tysons Corner, VAmmartin@mcleanllc.com703.752.9009
Track Record
Engagements
Sell-Side M&AEmagined Securityhas been acquired by Neovera, a 424 Capital company2024
Sell-Side M&ACounter Threat Solutionshas been acquired by SilverEdge, a Godspeed portfolio company2022
Sell-Side M&AOptosecurityhas been acquired by Vanderlande2017
Perspective
Insights
Market Report · Jun 2026Monthly Middle Market M&A Insider Report (May 2026)The McLean Group's May 2026 M&A Insider Report tracks deal activity across Defense & Government, Physical & Cyber Security, Critical Infrastructure, and Maritime. This month's edition highlights notable transactions including Parker Hannifin's announced $2.55B acquisition of CIRCOR's Commercial and Defense Aerospace business from KKR, VSE Corporation's $2.15B closing of Precision Aviation Group to build a 61-location aviation aftermarket platform, and Rocket Lab's $60M acquisition of Motiv Space Systems, adding Mars-proven robotics to its portfolio. The report also includes public company trading comps and EBITDA valuation multiples across all four sectors. Public market multiples are provided for reference purposes and reflect traded equity values, which may differ materially from private company transaction pricing.Read More →Market Report · May 2026Monthly Middle Market M&A Insider Report (April 2026)The McLean Group's April 2026 M&A Insider Report tracks deal activity across Defense & Government, Physical & Cyber Security, Critical Infrastructure, and Maritime. This month's edition highlights notable transactions including York Space Systems' $355M acquisition of satellite communications firm ALL.SPACE, Scale AI's acquisition of defense data analytics firm ICG Solutions, and Ondas' two-deal sprint adding World View Enterprises and Mistral to its autonomous intelligence portfolio. The report also includes public company trading comps and EBITDA valuation multiples across all four sectors. Public market multiples are provided for reference purposes and reflect traded equity values, which may differ materially from private company transaction pricing. Download the full report at mcleanllc.com.Read More →Market Report · Apr 2026What Is a 409A Valuation and When Does Your Company Need One?A 409A valuation is an independent appraisal of your private company's common stock, and if you're issuing equity incentive awards to employees, it's a legal requirement, not a formality. Get it wrong, and employees face immediate income recognition, a 20% federal penalty tax, and potential state penalties that can push effective tax rates well above 50%. In this article, The McLean Group's Valuation Advisory team breaks down exactly how 409A valuations work, when your company needs one, which IRS safe harbor methods apply at each stage, and the common mistakes that create tax exposure at exactly the wrong time: during fundraising, M&A due diligence, or an IRS audit.Read More →
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