.
MergerLinks Header Logo

Announced

Perspecta acquired Knight Point Systems for $250m.

Financials

Edit Data
Transaction Value£205m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

it solutions

Acquisition

United States

Completed

IT Services: Other

Private

Friendly

Single Bidder

Synopsis

Edit

Perspecta, a US government services provider, completed the acquisition of Knight Point Systems, an end-to-end managed services and solutions provider focused on modernizing IT, protecting critical networks and driving digital transformation, for $250m. "I am pleased to welcome all Knight Point employees and customers to the Perspecta team. We are impressed by Knight Point's deep customer intimacy, rich legacy of innovation, patented IP and delivery of IT and cyber managed services programs to customers such as the Departments of Defense and Homeland Security. This is a great first acquisition for Perspecta that fits within our capital allocation model and strengthens our capability set. We consider Knight Point to be complementary to Perspecta's culture and offerings, while accelerating our growth strategy," Mac Curtis, Perspecta president and chief executive officer.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US