Announced
Completed
Financials
Tags
cloud solutions
Acquisition
United States
Majority
it services
Friendly
Private
Single Bidder
Digital Services
Domestic
Completed
Private Equity
Synopsis
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.
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