Parsons completed the acquisition of IPKeys Power Partners for $43m.

Parsons, a disruptive technology provider, completed the acquisition of IPKeys Power Partners, a secure technology solutions provider, for $43m. “The addition of IPKeys brings important software platforms and capabilities that strengthen our integrated solutions that protect critical infrastructure. A natural extension of our growth strategy, this acquisition reinforces our position in the critical infrastructure protection market, enhances our customer base, spans both of our business segments, and extends our capabilities into adjacent markets. I look forward to welcoming the IPKeys team to the Parsons family as we continue delivering critical resiliency solutions that protect society in the face of increasing and evolving threats," Carey Smith, Parsons Chair, President, and CEO.