Acquisition enhances cyber, electronic warfare, and information dominance capabilities. O'Connor Associates will increase Parsons' presence in Canada and enhance our efforts in the areas of environmental site . This is technology M&A deal number 314 that MSSP Alert and sister site ChannelE2E has covered so far in 2021. Founded in 2018, BlackHorse expands Parsons customer base and brings differentiated best-in-class capabilities in cyber, digital operations, artificial intelligence/machine learning, and full-spectrum operations. Founded in 2018, BlackHorse expands Parsons' customer base and brings . Jan 08, 2019, 10:06 ET. The transaction is valued at $203 million, or approximately 11.5x BlackHorses estimated 2022 adjusted EBITDA. All forward-looking statements are based on currently available information and speak only as of the date on which they are made. PASADENA, Calif., Jan. 8, 2019 /PRNewswire/ -- Parsons today announced its acquisition of OGSystems, an innovative solutions provider with advanced technologies in . Bloomberg Daybreak Europe. The Gallo-Roman town of Darioritum became Vannes (in Breton, Gwened, "the white one") with the arrival of the Celts. WAM looks to acquire Asian equities LIC; Pound Sterling Price News and Forecast: GBP/USD bears take a breather amid the oversold RSI; EUR/USD to fall 50-pips on a breach of 1.1660 - Societe Generale The company also provides autonomous and distributed detection, identification, exploitation, and the defeat of today's most complex communications. Parsons acquisition of BlackHorse expands the companys proven solutions and products that address next-generation military, intelligence, and space operations. The Gulf as a backdrop. BlackHorse will be integrated into Parsons federal solutions business segment, adding nearly two hundred employees, the predominance of which hold high-level security clearances. For a discussion of additional factors that could materially adversely affect our business and financial performance, see the factors included under the caption Risk Factors in our Registration Statement on Form S-1 and our other filings with the Securities and Exchange Commission. Forward-looking statements are based on our current expectations, beliefs and assumptions, and are not guarantees of future performance. Numerous factors could cause actual future performance, results and events to differ materially from those indicated in the forward-looking statements, including, among others: any issue that compromises our relationships with the U.S. federal government or its agencies or other state, local, or foreign governments or agencies; any issues that damage our professional reputation; changes in governmental priorities that shift expenditures away from agencies or programs that we support; our dependence on long-term government contracts, which are subject to the governments budgetary approval process; the size of our addressable markets and the amount of government spending on private contractors; failure by us or our employees to obtain and maintain necessary security clearances or certifications; failure to comply with numerous laws and regulations; changes in government procurement, contract or other practices or the adoption by governments of new laws, rules, regulations, and programs in a manner adverse to us; the termination or nonrenewal of our government contracts, particularly our contracts with the U.S. federal government; our ability to compete effectively in the competitive bidding process and delays, contract terminations, or cancellations caused by competitors protests of major contract awards received by us; our ability to generate revenue under certain of our contracts; any inability to attract, train, or retain employees with the requisite skills, experience, and security clearances; the loss of members of senior management or failure to develop new leaders; misconduct or other improper activities from our employees or subcontractors; our ability to realize the full value of our backlog and the timing of our receipt of revenue under contracts included in backlog; changes in the mix of our contracts and our ability to accurately estimate or otherwise recover expenses, time and resources for our contracts; changes in estimates used in recognizing revenue; internal system or service failures and security breaches; and inherent uncertainties and potential adverse developments in legal proceedings, including litigation, audits, reviews, and investigations, which may result in materially adverse judgments, settlements, or other unfavorable outcomes. Parsons (NYSE: PSN) acquired BlackHorse Solutions in a deal priced at $203 million or ~11.5x BlackHorse's estimated 2022 adjusted EBITDA. Please visit Parsons.com and follow us on LinkedIn and Facebook to learn how were making an impact. We have partnered closely with BlackHorse in the past, so we know our cultures are well aligned and are excited to welcome their talented team of employees to the Parsons family and leverage their exceptional reputation in the market.. Parsons to Acquire BlackHorse Solutions, Inc. - One News Page The transaction is valued at $203 million, or approximately 11.5x BlackHorses estimated 2022 adjusted EBITDA. Williams Electric Co. Parsons Corporation. The deal is expected to close in July. The transaction is expected to close in July 2021, subject to customary closing conditions. Company News | BlackHorse Solutions Parsons to Acquire BlackHorse Solutions, Inc. | PSN Stock News A non-profit magazine and media platform, HSToday provides readers with the whole story, placing facts and comments in context to inform debate and drive realistic solutions to some of the nations most vexing security challenges. Jun 10, 2021. The deal is Parsons' third acquisition in the last 14 months and marks its first since going public in May. BlackHorse unifies cyber, electromagnetic warfare, and information operations for Department of Defense and Intelligence Community customers. Please visit Parsons.comand follow us on LinkedIn and Facebook to learn how we're making an impact. This document contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In Other News. 4. | August 5, 2022 Home | BlackHorse Solutions France. We are thrilled to join the Parsons family, said Mike Kushin, BlackHorse president and chief executive officer. The transaction is valued at $203 million, or approximately 11.5x BlackHorses estimated 2022 adjusted EBITDA. BlackHorse Solutions Archives - Intelligence Community News Parsons to Acquire BlackHorse Solutions, Inc. - Bloomberg Parsons to Acquire Xator Corporation Acquisition enhances critical Subscribe today! Join us as the Cyber Bytes Foundation and Parsons Corporation partner up to host TWO concurrent Capture the Flag events on December 8th at the Quantico Cyber Hub in Stafford Virginia. This document contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Parsons acquires Delcan - Railway Age Parsons to Acquire BlackHorse Solutions Inc - HS Today Parsons To Acquire BlackHorse Solutions, Inc. https://www.parsons.com 120 9 Comments Parsons (NYSE: PSN) is a leading disruptive technology provider in the global defense, intelligence, and critical infrastructure markets, with capabilities across cybersecurity, missile defense, space, connected infrastructure, and smart cities. All forward-looking statements are based on currently available information and speak only as of the date on which they are made. For 2022, BlackHorse is expected to generate revenue of approximately $100 million. The port trade, its religious and political power are illustrated in the half-timbered houses and mansion houses. Brittany. This is Parsons' 5th transaction in Virginia. Numerous factors could cause actual future performance, results and events to differ materially from those indicated in the forward-looking statements, including, among others: any issue that compromises our relationships with the U.S. federal government or its agencies or other state, local, or foreign governments or agencies; any issues that damage our professional reputation; changes in governmental priorities that shift expenditures away from agencies or programs that we support; our dependence on long-term government contracts, which are subject to the governments budgetary approval process; the size of our addressable markets and the amount of government spending on private contractors; failure by us or our employees to obtain and maintain necessary security clearances or certifications; failure to comply with numerous laws and regulations; changes in government procurement, contract or other practices or the adoption by governments of new laws, rules, regulations, and programs in a manner adverse to us; the termination or nonrenewal of our government contracts, particularly our contracts with the U.S. federal government; our ability to compete effectively in the competitive bidding process and delays, contract terminations, or cancellations caused by competitors protests of major contract awards received by us; our ability to generate revenue under certain of our contracts; any inability to attract, train, or retain employees with the requisite skills, experience, and security clearances; the loss of members of senior management or failure to develop new leaders; misconduct or other improper activities from our employees or subcontractors; our ability to realize the full value of our backlog and the timing of our receipt of revenue under contracts included in backlog; changes in the mix of our contracts and our ability to accurately estimate or otherwise recover expenses, time and resources for our contracts; changes in estimates used in recognizing revenue; internal system or service failures and security breaches; and inherent uncertainties and potential adverse developments in legal proceedings, including litigation, audits, reviews, and investigations, which may result in materially adverse judgments, settlements, or other unfavorable outcomes. Parsons said today it has agreed to acquire QRC Technologies, a Fredericksburg, VA-based company focused on products for the radio frequency and signals intelligence market, for $215 million in cash. This document contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Parsons to Acquire BlackHorse Solutions, Inc. Parsons to Acquire BlackHorse Solutions, Inc. | PLANEtalking This document contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Parsons to Acquire BlackHorse Solutions, Inc. | Canadian Insider The strategic acquisition expands Parsons capabilities and products in next-generation military, intelligence, and space operations, specifically in cyber, electronic warfare, and information dominance. Parsons, one of the oldest defense and engineering contractors, will expand its next-generation military, intelligence, and space operations with the BlackHorse acquisition, and bring its nearly 200 employees, most with high-level . Wednesday, December 02, 2020. Please visit Parsons.com and follow us on LinkedIn and Facebook to learn how were making an impact. Forward-looking statements are based on our current expectations, beliefs and assumptions, and are not guarantees of future performance. The AP news staff was not involved in its creation. Forward-looking statements are based on our current expectations, beliefs and assumptions, and are not guarantees of future performance. The transaction is valued at $203 million, or approximately 11.5x BlackHorses estimated 2022 adjusted EBITDA. CENTREVILLE, Va., June 10, 2021 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE:PSN) announced today that it has entered into a definitive agreement to acquire BlackHorse Solutions, Inc. in an accretive deal valued at $203 million. Private: property 650 m2, parkin. Parsons To Acquire Xator, Adding Capabilities In Force Protection Parsons to Acquire BlackHorse Solutions, Inc. - Razor's Edge Ventures Carey Smith, Parsons. 20th Corporate Growth Awards | ACG National Capital The transaction is expected to close in July 2021, subject to customary closing conditions. 5. CTGO. The company expects the transaction to be accretive to Parsons fiscal year 2021 and 2022 revenue growth rate, adjusted EBITDA margin, and adjusted diluted earnings per share. Parsons Chairwoman, President and CEO Carey Smith. 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