Parsons acquisition of Braxton Science & Technology
Parsons bought Braxton, adding space ground systems and cyber capabilities.
- Company
- Braxton Science & Technology Group
- Type
- M&A
- Status
- Completed
- Date
- 19 Nov 2020
- Value
- US$300m
- Value basis
- US$300m cash (US$258m net of tax benefits)
- Region
- US
- Segment
- Space and cyber services
Also covered on InfraDefence.
Parties
- Parsons buyer
- Braxton shareholders seller
Key terms
- Price
- US$300m
Sources
- Parsons 8-K: Parsons completes acquisition of Braxton sec.gov · 19 Nov 2020
Record ORB-INV-2020-0010. Investments are kept apart from the financings register and never counted in debt totals.
