Announced

Completed

Parsons completed the acquisition of Altamira Technologies from ClearSky for $375m.

Synopsis

Parsons, a technology solutions provider, completed the acquisition of Altamira Technologies, a data analytics and engineering company, from ClearSky, a venture capital/growth equity group, for $375m. “Acquiring Altamira is a strategic accelerator for our national security growth strategy, strengthening Parsons’ ability to deliver rapid and agile mission‑ready, intelligence‑driven solutions across the Department of War and the Intelligence Community. Altamira’s advanced intelligence, surveillance, and reconnaissance (ISR), and analytics capabilities, plus their space‑based mission solutions expand our capabilities and position us to capture a larger share of the rapidly evolving intelligence and multi‑domain operations market. Their deep commitment to solving the nation’s most complex security challenges aligns seamlessly with Parsons’ mission, culture, and alignment to the Department of War’s acquisition‑transformation strategy,” Carey Smith, Parsons Chair, President and CEO.

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