Peraton, a Herndon, Va.-based portfolio company of Veritas Capital, is acquire Solers, an Arlington, VA-based provider of software development and systems integration for space situational awareness, satellite ground systems and operations, cybersecurity engineering, and enterprise cloud-based solutions.
The amount of the deal was not disclosed.
The acquisition will accelerate both near- and long-range growth opportunities and enhance Peraton’s ability to deliver differentiated space protection and resiliency solutions that directly support mission objectives and critical national security initiatives.
The combined capabilities will enable the company to expand its offerings of innovative and agile end-to-end solutions that address the complexity of customer mission needs across both national security and civilian agency space & ground programs.
Led by Stu Shea, Chairman, President and CEO, Peraton is a provider of differentiated space, intelligence, cyber, defense, homeland security, and communications capabilities, partnering to the Intelligence Community, Department of Defense, and select federal agencies and commercial entities.
The company employs more than 3,000 people across the U.S. and Canada.
Founded in 1998 and led by David Kellogg, President and CEO, Solers is an innovative information technology solutions provider with core capabilities in systems engineering, systems integration, space protection and resiliency, satellite ground systems, cloud computing, cyber engineering, and data engineering. The company serves the Department of Defense, Intelligence Community, other federal agencies, and commercial customers.
FinSMEs
17/06/2019