Announced
Synopsis
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.
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