Analytical Graphics, Inc.

Exton, PA

About Analytical Graphics, Inc.

Company overview

Analytical Graphics, Inc., doing business as Ansys Government Initiatives (AGI), is a software company founded in 1989 by Paul Graziani and Scott Reynolds, with its headquarters located in Exton, Pennsylvania. The company developed modeling, simulation, and analysis software for mission-critical applications in aerospace, defense, and intelligence sectors. It was acquired by Ansys in 2020 and since then operates under the name Ansys Government Initiatives (AGI), the United States national security division of Ansys, maintaining specialized cyber and security standards to support government and defense-related work. Business/Product Breakdown Ansys Government Initiatives (AGI) provides digital mission engineering software that enables modeling, simulation, analysis, and visualization of complex systems across land, sea, air, space, and cyber domains. Core offerings include Systems Tool Kit (STK), a platform for physics-based modeling of platforms, payloads, and operational environments in time-dynamic simulations, supporting mission planning, performance evaluation, and decision-making. Additional tools encompass Orbit Determination Tool Kit (ODTK) for precise orbit tracking, Test and Evaluation Tool Kit (TETK) for test planning and analysis, and developer libraries for embedding capabilities into custom applications. These solutions facilitate integration of high-fidelity component models, multi-domain scenario analysis, and extensions for communications, RF environments, and geospatial data, serving applications in defense, aerospace, and related industries.

Keywords

Revenue

Revenue

EBITDA

EBITDA

Valuation

Valuation
Income Statement
Line Item20242023202220212020
Revenues$380 MM$250 MM$90 MM$120 MM$65 MM
Gross Profit$190 MM$125 MM$45 MM$60 MM$32.50 MM
Net Income (Loss)$43 MM$25 MM$9 MM$12 MM$6.50 MM
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Balance Sheet
Line Item20242023202220212020
Total Assets$850 MM$720 MM$680 MM$650 MM$600 MM
Total Liabilities$450 MM$400 MM$380 MM$350 MM$320 MM
Total Equity$400 MM$320 MM$300 MM$300 MM$280 MM
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Ratios

Revenue / EBITDA
123 MM
Valuation / Revenue
123 MM
Valuation / Employees
$123 MM
EBITDA / Revenue
$123 MM
1-Year CAGR (Revenue)
03
3-Year CAGR (Revenue)
11
1-Year CAGR (Employees)
19
3-Year CAGR (Employees)
96

Employee Figures

Employees

Key Executives

NameTitleSocialsEmailPhone

401K

Total Active Participants
1234
No. Participants with Account Balances
56789
Total Liabilities Start of Year
1234
Total Assets Start of Year
56789

M&A2024-03-15Completed

Seller

Founders Group

Investor Sponsors

NorthBridge PE

Deal Amount

$120M

Target Company Valuation

$1.20 MM

Techniques

Acquisition of Assets, Taken Private

Stake Tags

100%

Is PE deal

Yes

Is deal PE backed

Yes

Total Acquired

100%

Secondary Transaction2023-09-01Canceled

Target

BrightHealth Technologies

Seller

Early Investors Consortium

Investor Sponsors

--

Deal Amount

Undisclosed

Target Company Valuation

NaN

Techniques

Secondary Sale, Management Buy-out (MBO)

Stake Tags

Majority

Is PE deal

No

Is deal PE backed

Yes

Total Acquired

65%

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