Parsons Corporation (NYSE:PSN) announced today that it has acquired Echo Ridge, LLC of Sterling, VA. Echo Ridge adds position, navigation, and timing devices; modeling, simulation, test, and measurement tools; and deployable software defined radio products and signal processing services to Parsons' space portfolio. CENTREVILLE, Va., June 10, 2021 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) announced today that it has entered into a definitive agreement to acquire BlackHorse Solutions, Inc. in an accretive deal valued at $203 million. Williams Electric Co. acquired by Parsons Corporation. This is Parsons' 5th transaction in Virginia. We assume no obligation to update any forward-looking statement made in this presentation that becomes untrue because of subsequent events, new information or otherwise, except to the extent we are required to do so in connection with our ongoing requirements under federal securities laws. CENTREVILLE, Va., June 10, 2021 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) announced today that it has entered into a definitive agreement to acquire BlackHorse Solutions, Inc. in an . Parsons' acquisition of Polaris Alpha, from private equity firm Arlington Capital Partners, is the latest in the company's series of strategic investments focused on companies with technologies. Parsons to Acquire BlackHorse Solutions, Inc. Acquisition enhances cyber, electronic warfare, and information dominance capabilities CENTREVILLE, Va., June 10, 2021 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) announced today that it has entered into a definitive agreement to acquire BlackHorse Solutions, Inc. in an accretive deal valued . Im excited for what the future holds.. Parsons Corp. has acquired Markham, Ontario-based Delcan Corp., an international multidisciplinary engineering, planning, management, and technology firm that provides a broad range of integrated systems and infrastructure solutions to the transportation market. Be the first to receive updates about Parsons news, events, and innovations. Parsons Corporation (NYSE:PSN) announced today that it has entered into a definitive agreement to acquire BlackHorse Solutions, Inc. in an accretive deal valued at $203 million.Founded in 2018, BlackHorse expands Parsons' customer base and brings differentiated best-in-class capabilities in cyber, digital operations, artificial intelligence/machine learning, and full-spectrum operations. The transaction is expected to close in July 2021, subject to customary closing conditions. Please visit Parsons.com and follow us on LinkedIn and Facebook to learn how were making an impact. Live from London, tracking the breaking and top business news stories in the lead-up to the opening of European markets. Adding BlackHorse increases our scale in the areas of cyber, electronic warfare, and information dominance, enhancing Parsons position to pursue and win upcoming large joint all-domain contract opportunities, which is a key component of our national defense strategy, said Chuck Harrington, Parsons chairman and chief executive officer. Founded in 2018, BlackHorse expands Parsons' customer base and . Press release content from Globe Newswire. Forward-looking statements are based on our current expectations, beliefs and assumptions, and are not guarantees of future performance. Parsons, one of the oldest defense and engineering contractors, will expand its next-generation military, intelligence, and space operations with the BlackHorse acquisition, and bring its nearly 200 employees, most with high-level . Wednesday, December 02, 2020. The company also provides autonomous and distributed detection, identification, exploitation, and the defeat of today's most complex communications. Parsons Corporation announced today that it has entered into a definitive agreement to acquire BlackHorse Solutions, Inc. in an accretive deal valued at $203 million. 3. By Marjorie Censer / June 11, 2021 at 1:22 PM Tweet Parsons said this week it has agreed to acquire BlackHorse Solutions in a deal worth $203 million. Forward-looking statements are inherently subject to uncertainties, risks, changes in circumstances, trends, and factors that are difficult to predict, many of which are outside of our control. Parsons acquires BlackHorse Solutions WINNER: Robotic Research Series A Equity Raise ($228M) Sigma Defense, a Sagewind Capital portfolio company, acquires SOLUTE Deal of the Year: $250M - $1B. Parsons (NYSE: PSN) is a leading disruptive technology provider in the global defense, intelligence, and critical infrastructure markets, with capabilities across cybersecurity, missile defense, space, connected infrastructure, and smart cities. Founded in 2018, BlackHorse expands Parsons' customer base and brings . Parsons(NYSE: PSN) is a leading disruptive technology provider in the global defense, intelligence, and critical infrastructure markets, with capabilities across cybersecurity, missile defense, space, connected infrastructure, and smart cities. The company expects the transaction to be accretive to Parsons fiscal year 2021 and 2022 revenue growth rate, adjusted EBITDA margin, and adjusted diluted earnings per share. Parsons to Acquire BlackHorse Solutions, Inc. 06.10.21. BlackHorse will be integrated into Parsons federal solutions business segment, adding nearly two hundred employees, the predominance of which hold high-level security clearances. 5. Parsons to Acquire BlackHorse Solutions, Inc. Cookies are used to offer you a better browsing experience and to analyze our traffic. (Don't worry . 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Acquisition enhances cyber, electronic warfare, and information dominance capabilitiesCENTREVILLE, Va., June 10, 2021 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) announced today that it has entered into a definitive agreement to acquire BlackHorse Solutions, Inc. in an accretive deal valued at $203 million. Parsons is acquiring BlackHorse Solutions, a cybersecurity consulting firm that serves U.S. federal government customers including the U.S. Department of Defense and intelligence community customers. Headquartered in Herndon, Va., BlackHorses technology is shaping the future of information dominance and converged military operations by unifying cyber, electromagnetic warfare, and information operations for Department of Defense and Intelligence Community customers. The transaction is expected to close in July 2021, subject to customary closing conditions. All forward-looking statements are based on currently available information and speak only as of the date on which they are made. The Herndon, VA-based BlackHorse was founded in 2018 and specializes in cyber, digital operations, artificial intelligence and full-spectrum operations. On June 10, 2021, Parsons acquired information technology company BlackHorse Solutions for 203M USD Acquisition Highlights This is Parsons' 4th transaction in the Information Technology sector. Acquisition enhances cyber, electronic warfare, and information dominance capabilities CENTREVILLE, Va., June 10, 2021 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that it. The transaction is consistent with Parsons strategy of completing accretive acquisitions of companies with revenue growth and adjusted EBITDA margins exceeding 10%, respectively, while adding critical intellectual property that strengthens the companys existing portfolio. | Source: Terms of the . Numerous factors could cause actual future performance, results and events to differ materially from those indicated in the forward-looking statements, including, among others: any issue that compromises our relationships with the U.S. federal government or its agencies or other state, local, or foreign governments or agencies; any issues that damage our professional reputation; changes in governmental priorities that shift expenditures away from agencies or programs that we support; our dependence on long-term government contracts, which are subject to the governments budgetary approval process; the size of our addressable markets and the amount of government spending on private contractors; failure by us or our employees to obtain and maintain necessary security clearances or certifications; failure to comply with numerous laws and regulations; changes in government procurement, contract or other practices or the adoption by governments of new laws, rules, regulations, and programs in a manner adverse to us; the termination or nonrenewal of our government contracts, particularly our contracts with the U.S. federal government; our ability to compete effectively in the competitive bidding process and delays, contract terminations, or cancellations caused by competitors protests of major contract awards received by us; our ability to generate revenue under certain of our contracts; any inability to attract, train, or retain employees with the requisite skills, experience, and security clearances; the loss of members of senior management or failure to develop new leaders; misconduct or other improper activities from our employees or subcontractors; our ability to realize the full value of our backlog and the timing of our receipt of revenue under contracts included in backlog; changes in the mix of our contracts and our ability to accurately estimate or otherwise recover expenses, time and resources for our contracts; changes in estimates used in recognizing revenue; internal system or service failures and security breaches; and inherent uncertainties and potential adverse developments in legal proceedings, including litigation, audits, reviews, and investigations, which may result in materially adverse judgments, settlements, or other unfavorable outcomes. Founded in 2018, BlackHorse expands Parsons customer base and brings differentiated best-in-class capabilities in cyber, digital operations, artificial intelligence/machine learning, and full-spectrum operations. For a discussion of additional factors that could materially adversely affect our business and financial performance, see the factors included under the caption Risk Factors in our Registration Statement on Form S-1 and our other filings with the Securities and Exchange Commission. Founded in 2018, BlackHorse expands Parsons customer base and brings differentiated best-in-class capabilities in cyber, digital operations, artificial intelligence/machine learning, and full-spectrum operations. Acquiring Organization: Parsons Corporation Parsons is an engineering, construction, technical and management services firm. For 2022, BlackHorse is expected to generate revenue of approximately $100 million. Founded in 2018, BlackHorse expands Parsons' customer base and brings differentiated best-in-class capabilities in cyber, digital operations, artificial intelligence/machine . Founded in 2018, BlackHorse expands Parsons' customer base and brings differentiated best-in-class capabilities in cyber, digital operations, artificial intelligence/machine learning, Parsons Services Company Bloomberg Daybreak Europe. Forward-looking statements are based on our current expectations, beliefs and assumptions, and are not guarantees of future performance. Acquisition enhances cyber, electronic warfare, and information dominance capabilities CENTREVILLE, Va., June 10, 2021 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that it. These factors are not exhaustive and additional factors could adversely affect our business and financial performance. BlackHorse Solutions, Inc. is empowering our customers to solve the most challenging mission requirements by leveraging and fusing together deep expertise in cyber, electronic warfare, virtual operations, artificial intelligence, and machine learning. Forward-looking statements are inherently subject to uncertainties, risks, changes in circumstances, trends, and factors that are difficult to predict, many of which are outside of our control. BlackHorse was advised by Raymond James & Associates, Inc. and Cooley LLP. This is technology M&A deal number 314 that MSSP Alert and sister site ChannelE2E has covered so far in 2021. Parsons Corp., a Pasadena-based engineering firm, announced Monday that it has acquired TJ Cross Engineers, Inc., a privately held oil and gas industry professional services firm specializing in en Headquartered in Herndon, Va., BlackHorses technology is shaping the future of information dominance and converged military operations by unifying cyber, electromagnetic warfare, and information operations for Department of Defense and Intelligence Community customers. PYR. All content copyright 2022 Homeland Security Today. Parsons Corporation. The transaction is valued at $203 million, or approximately 11.5x BlackHorses estimated 2022 adjusted EBITDA. CENTREVILLE, VA (June 10, 2021) Parsons Corporation (NYSE:PSN) announced today that it has entered into a definitive agreement to acquire BlackHorse Solutions, Inc. in an accretive deal valued at $203 million. We are thrilled to join the Parsons family, said Mike Kushin, BlackHorse president and chief executive officer. Parsons : to Acquire Digital Security Provider BlackHorse Solutions in $203 Million Deal | MarketScreener Homepage Equities United States Nyse Parsons Corporation News Summary PSN US70202L1026 PARSONS CORPORATION (PSN) Add to my list Report Summary Quotes Charts News Ratings Calendar Company Financials Consensus Revisions Funds Summary Parsons Corporation has entered into a definitive agreement to acquire Xator Corporation in a transaction valued at $400 million. Parsons was advised by Baird and Latham & Watkins LLP. Parsons acquisition of BlackHorse expands the companys proven solutions and products that address next-generation military, intelligence, and space operations. Parsons acquisition of BlackHorse expands the companys proven solutions and products that address next-generation military, intelligence, and space operations. BlackHorse will be integrated into Parsons federal solutions business segment, adding nearly two hundred employees, the predominance of which hold high-level security clearances. Brittany. The strategic acquisition expands Parsons capabilities and products in next-generation military, intelligence, and space operations, specifically in cyber, electronic warfare, and information dominance. CENTREVILLE, Va., June 10, 2021 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that it has entered into a definitive agreement to acquire BlackHorse Solutions, Inc. in an. Parsons to acquire BlackHorse Solutions On June 10, Centreville, VA-based Parsons Corporation announced that it has entered into a definitive agreement to acquire BlackHorse Solutions, Read more This is Parsons' 4th largest (disclosed) transaction. Be the first to receive updates about Parsons news, events, and innovations. Explosive Ordnance Disposal And Mine Clearance 4. BlackHorse was advised by Raymond James & Associates, Inc. and Cooley LLP. CENTREVILLE, Va., June 10, 2021 -- Parsons Corporation announced today that it has entered into a definitive agreement to acquire BlackHorse Solutions, Inc. in an accretive deal valued at. The company also provides autonomous and distributed detection, identification, exploitation, and the defeat of today's most complex communications. The deal is expected to close in July. Founded in 2005, Xator expands Parsons' customer base and brings differentiated technical capabilities in critical infrastructure protection, counter-unmanned aircraft systems (cUAS), intelligence and cyber solutions, biometrics, and global threat assessment and . We have partnered closely with BlackHorse in the past, so we know our cultures are well aligned and are excited to welcome their talented team of employees to the Parsons family and leverage their exceptional reputation in the market.. Parsons To Acquire BlackHorse Solutions, Inc. Acquisition enhances cyber, electronic warfare, and information dominance capabilities CENTREVILLE, VA (June 10, 2021) - Parsons Corporation (NYSE:PSN) announced today that it has entered into a definitive agreement to acquire BlackHorse Solutions, Inc. in an accretive deal valued at $203 million. Parsons was advised by Baird and Latham & Watkins LLP. Parsons Completes Acquisition Of BlackHorse Solutions, Inc. CENTREVILLE, VA (July 6, 2021) - Parsons Corporation (NYSE:PSN) announced today that it completed the previously announced acquisition of BlackHorse Solutions, Inc., in an accretive deal valued at $203 million. Parsons to Acquire BlackHorse Solutions, Inc. CENTREVILLE, Va., June 10, 2021 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) announced today that it has entered into a definitive agreement to acquire BlackHorse Solutions, Inc. in an accretive deal valued at $203 million. Accordingly, actual performance, results, and events may vary materially from those indicated in the forward-looking statements, and you should not rely on the forward-looking statements as predictions of future performance, results, or events. The port trade, its religious and political power are illustrated in the half-timbered houses and mansion houses. June 10, 2021 08:05 ET The transaction is expected to close in July 2021, subject to customary closing conditions. Forward-looking statements are inherently subject to uncertainties, risks, changes in circumstances, trends, and factors that are difficult to predict, many of which are outside of our control. Arlington Capital Partners acquires Systems Planning & Analysis, Inc. (SPA) GovCIO, a Welsh, Carson, Anderson & Stowe portfolio company, acquires Salient . PASADENA, California, May 21, 2018 /PRNewswire/ -- Parsons today announced its acquisition of Polaris Alpha, an advanced, technology-focused provider of innovative mission solutions for complex . CENTREVILLE, Va,, May 23, 2022 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) announced today that it has entered into a definitive agreement to acquire Xator Corporation in a transaction . Headquartered in Herndon, Va., BlackHorses technology is shaping the future of information dominance and converged military operations by unifying cyber, electromagnetic warfare, and information operations for Department of Defense and Intelligence Community customers. BlackHorse Solutions BlackHorse Solutions is an IT solutions providing company that specializes in cybersecurity and intelligence solutions for their customers. For a discussion of additional factors that could materially adversely affect our business and financial performance, see the factors included under the caption Risk Factors in our Registration Statement on Form S-1 and our other filings with the Securities and Exchange Commission. The company also provides autonomous and distributed detection, identification, exploitation, and the defeat of todays most complex communications. BlackHorse, which is based in Northern Virginia, has nearly 200 . BlackHorse Solutions. BlackHorse was advised by Raymond James & Associates, Inc. and Cooley LLP. We assume no obligation to update any forward-looking statement made in this presentation that becomes untrue because of subsequent events, new information or otherwise, except to the extent we are required to do so in connection with our ongoing requirements under federal securities laws. All forward-looking statements are based on currently available information and speak only as of the date on which they are made. | August 5, 2022 Bloomberg Daybreak Europe. Forward-looking statements are based on our current expectations, beliefs and assumptions, and are not guarantees of future performance. The transaction is valued at $203 million, or approximately 11.5x BlackHorses estimated 2022 adjusted EBITDA. BlackHorse Solutions acquired by Parsons Corporation. BlackHorse unifies cyber, electromagnetic warfare, and information operations for Department of Defense and Intelligence Community customers. Parsons (NYSE: PSN) is a leading disruptive technology provider in the global defense, intelligence, and critical infrastructure markets, with capabilities across cybersecurity, missile defense, space, connected infrastructure, and smart cities. Get stock quotes, news, fundamentals and easy to read SEC and SEDI insider filings. We share a common passion for supporting our nations most pressing security challenges, and joining forces continues that tradition while accelerating our growth and expanding our customer base. Announced Date Jun 10, 2021 Acquisition Type Acquisition To learn more about Parsons history of successful acquisition and growth strategy, please visit: https://www.parsons.com/about/acquisitions/. Parsons acquisition of BlackHorse expands the companys proven solutions and products that address next-generation military, intelligence, and space operations. France. 8. According to a press release, the move follows "a series of strategic investments" and is the third acquisition by Parsons in the last 14 months. We are thrilled to join the Parsons family, said Mike Kushin, BlackHorse president and chief executive officer. CENTREVILLE, Va., June 10, 2021 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) announced today that it has entered into a definitive agreement to acquire BlackHorse Solutions, Inc. in an accretive deal valued at $203 million.

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