Deal Details
Knight Point Is Acquired by Perspecta
Summary
Knight Point Systems, LLC (“Knight Point” or the “Company”) has been acquired by Perspecta Inc. (“Perspecta”) (NYSE:PRSP) for $250 million.
Baird served as exclusive financial advisor to Knight Point Systems, LLC on this transaction.
About
Knight Point is an end-to-end managed services provider focused on modernizing IT, protecting critical networks and driving digital transformation. The Company leverages a portfolio of IP to solve complex customer challenges in cloud, cybersecurity and agile DevSecOps environments. The Company’s unique managed services delivery frameworks drive customer transparency and operational efficiency. Knight Point is headquartered in Reston, Virginia.Perspecta brings a diverse set of capabilities to United States government customers in defense, intelligence, civilian, health care and state and local markets. With offerings in mission services, digital transformation and enterprise operations, Perspecta’s team of 14,000 engineers, analysts, investigators and architects work tirelessly to not only execute the mission, but build and support the backbone that enables it. Perspecta is headquartered in Chantilly, Virginia.
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- Date
- July 2019
- Company
- Knight Point Systems, LLC
- Transaction
- M&A - Sellside
- Sectors
- Technology & Services
- Verticals
-
Defense & Government
- Target Geography
- North America
- Acquiror Geography
- North America
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