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New Deal


Announced

Completed

Veritas Capital-backed Peraton completed the acquisition of Perspecta for $7.1bn.

Financials

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Transaction Value£5,845m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales2x
EV/EBITDA-
Share Price Premium11.8%
One Off Charge-

Tags

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Single Bidder

Private Equity

Public

services provider

United States

Majority

Friendly

Acquisition

Domestic

IT Services: Other

Completed

Synopsis

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Veritas Capital-backed Peraton, a provider of solutions to the nation's most sensitive and mission-critical programs and systems, completed the acquisition of Perspecta, a US government services provider, for $7.1bn. "The new Peraton represents a truly transformative change for the industry, our customers, and each one of our employees. We have the right team, the right technology and the right scale to deliver against the biggest challenges facing government. Our highly skilled and diverse team provides secure, repeatable and differentiated solutions aligned to our customers' goals. We will fuse mission-enabling services with market-leading enterprise offerings and solutions to identify the best use of new technology and help customers achieve positive business outcomes," Stu Shea, Peraton Chairman, President and CEO.

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