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Veritas To Acquire Perspecta For $7.1 Billion, Elevating Peraton To Top-Tier

Veritas To Acquire Perspecta For $7.1 Billion, Elevating Peraton To Top-Tier
Former Peraton Chairman, President and CEO Stu Shea. Photo: Peraton

Veritas Capital on Wednesday said it has agreed to acquire federal services provider Perspecta [PRSP], which will be combined with Peraton to create a top-tier federal technology and services company. The $7.1 billion deal for Perspecta, which is expected to close in the first half of 2021, comes a month after Veritas signed a $3.4 billion deal to acquire Northrop Grumman’s [NOC] government services business, which will also be combined with Peraton. Veritas acquired the former Harris Corp.’s information technology…

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