Sale to Parsons Corporation

Technology & Services
Sale to Parsons Corporation

Summary

Baird served as exclusive financial advisor to OGS Holdings, Inc. on this transaction

About

OGS Holdings, Inc. (“OGSystems” or the “Company”), a portfolio company of General Catalyst, has been acquired by Parsons Corporation (“Parsons”). Terms of the transaction were not disclosed.

Parsons’ acquisition of OGSystems illustrates the following themes in Government Services and Technology M&A: market priority for companies with differentiated capabilities in GEOINT, data analytics, advanced sensor and software development; strong interest in expanding market presence across the Intelligence Community; and the use of proprietary solutions and methodologies as key differentiators for growth.

OGSystems is an innovative solutions provider with advanced technologies in geospatial intelligence (GEOINT), advanced decision science, and insider & counterintelligence threat analysis. The Company’s portfolio of proprietary technologies and methodologies serve as the catalysts for deployment of geospatial systems and software, embedded system threat analytics, and cloud engineering solutions. OGSystems’ advanced hardware solutions include the PeARL family of sensors, combining industry-leading camera and optic lens technologies with the Company’s software solutions, yielding precise, very high resolution 2D and 3D aerial imagery. The Company’s core defense and intelligence customers include the National Geospatial-Intelligence Agency (NGA), the National Reconnaissance Office (NRO), and Special Operations Command (SOCOM). OGSystems is headquartered in Chantilly, Virginia.

General Catalyst is a venture capital firm that makes early-stage and transformational investments. With offices in San Francisco, Palo Alto, New York City and Boston, General Catalyst backs fearless entrepreneurs who are building market leading technology companies. General Catalyst is headquartered in Boston, Massachusetts.

Parsons is a digitally enabled solutions provider focused on the defense, intelligence, and critical infrastructure markets. With 75 years of experience, Parsons delivers cyber-physical security, advanced technology solutions, and other innovative services to federal, regional, and local government agencies, as well as to private industrial customers worldwide. Parsons is headquartered in Pasadena, California with over 16,000 employees.
CONTACT US TO LEARN MORE
Technology & Services
Sale to Parsons Corporation
Date
January 2019
Company
OGS Holdings, Inc.
Transaction
M&A
Sectors
Technology & Services
Target Location
North America
Acquiror Location
North America

Share