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Parsons completed the acquisition of Sealing Technologies for $200m.

Synopsis

Parsons, a disruptive technology provider in the national security and global infrastructure markets, completed the acquisition of Sealing Technologies, an engineering consulting firm, for $200m. “The addition of SealingTech is a natural extension of our growth strategy, adding critical, mission-ready solutions for our Department of Defense and Intelligence Community customers. SealingTech’s defensive cyber capabilities complement our leading offensive cyber capabilities and increase our share in the full-spectrum cyber operations market, which is expected to receive more government funding because of accelerating and evolving cyber threats. Their mission-focused approach and passion for delivering impactful solutions for our nation’s most pressing security challenges aligns seamlessly with Parsons’ business and culture. I look forward to welcoming this talented team of employees into the Parsons’ family as we collectively imagine next,” Carey Smith, Parsons Chair, President, and CEO.

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