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Madison Dearborn Partners and CoVant Management – Sale of LGS Innovations

U.S. private equity firms Madison Dearborn Partners and CoVant Management have announced the sale of LGS Innovations to trade-buyer CACI International (NYSE:CACI) for $750m. Based in the U.S., LGS Innovations is a provider of surveillance, reconnaissance and cybersecurity products  to the U.S. Intelligence Community and U.S. Department of Defense.