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Business/Financial

Booz Allen Hamilton To Acquire Digital Solutions Provider Liberty IT

By Cal Biesecker

Tuesday, May 4th, 2021

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Booz Allen Hamilton To Acquire Digital Solutions Provider Liberty IT

Horacio Rozanski, president and CEO of Booz Allen Hamilton. Photo: Booz Allen Hamilton

Booz Allen Hamilton [BAH] on Tuesday said it has agreed to acquire federal information technology (IT) provider Liberty IT Solutions for $725 million in cash in a deal aimed at strengthening its capabilities in end-to-end digital solutions, expanding work in the federal health space, and growing its talent base. The transaction is subject to regulatory approval and is expected to close during the second quarter of 2021. The acquisition price excludes a $73 million to $83 million tax asset. Liberty…

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