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DealsSep 28, 2026, 08:30 AM

Bold Eagle to Combine with Cyber Intelligence Firm REDLattice for $1.25B

AI Summary

Bold Eagle Acquisition Corp. (BEAG) announced a definitive agreement to combine with REDL Intermediate Holdings, LLC (REDLattice), a provider of cyber intelligence platforms for government and defense customers. The transaction values REDLattice at a pre-money enterprise value of $1.25 billion and is expected to provide up to approximately $610 million in gross proceeds. REDLattice reported $267 million in revenue for the twelve months ended June 30, 2026, with a 29% year-over-year growth. The deal includes $335 million in committed capital from institutional investors, including convertible notes and a common stock PIPE.

Key Highlights

  • Bold Eagle Acquisition Corp. to combine with REDL Intermediate Holdings, LLC, a cyber intelligence platform provider.
  • Transaction values REDLattice at a pre-money enterprise value of $1.25 billion.
  • Expected to provide up to approximately $610 million of gross proceeds, including $335 million in committed capital.
  • REDLattice generated $267 million in revenue for the twelve months ended June 30, 2026, up 29% year-over-year.
  • REDLattice had a contracted backlog of $200 million and an active pipeline of $1.5 billion as of June 30, 2026.
  • Committed capital includes $275 million of convertible notes anchored by Loomis Sayles and $60 million common stock PIPE.