.
MergerLinks Header Logo

New Deal


Announced

Completed

Leidos completed the acquisition of 1901 Group from Enlightenment Capital for $215m.

Financials

Edit Data
Transaction Value£160m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

cloud solutions

Acquisition

United States

Majority

it services

Friendly

Private

Single Bidder

Digital Services

Domestic

Completed

Private Equity

Synopsis

Edit

Leidos, an information technology, engineering, and science solutions and services company, completed the acquisition of 1901 Group, a provider for managed IT services and cloud solutions, from Enlightenment Capital for $215m. "The addition of 1901 Group allows us to work together and leverage their impressive capabilities across the enterprise. We are thrilled to incorporate their managed services and cloud computing techniques to provide our customers with the tools they need for digital modernization," Roger Krone, Leidos Chairman and CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

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

CONTACT US