Were Peraton’s big-ticket acquisitions worth it?

Washington Technology

July 27, 2022

We put that question (and many others) to Peraton Chief Growth Officer Mike King regarding the company’s integrations of Perspecta and the former Northrop Grumman IT business.

Three years ago, Peraton was new and also a little quirky given that company was a mishmash of IT contracts as part of its former parent Harris Corp.

But Peraton launched into the market with the backing of private equity powerhouse Veritas Capital and a seasoned leadership team including CEO Stu Shea and Chief Operating Officer Jeremy Wensinger.

Then in 2021 and a few months apart, Peraton’s owner strung together a pair of acquisitions that are blockbusters by anyone’s measure: the $3.4 billion purchase of Northrop Grumman’s IT business and $7.1 billion buy of Perspecta.

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ABOUT PERATON

Peraton is a national security company that drives missions of consequence spanning the globe and extending to the farthest reaches of the galaxy. As the world’s leading mission capability integrator and transformative enterprise IT provider, we deliver trusted, highly differentiated solutions and technologies that protect our nation and allies from threats across the digital and physical domains. Peraton supports every branch of the US Armed Forces, and we serve as a valued partner to essential government agencies who sustain our way of life. Every day, our employees do the can’t be done by solving the most daunting challenges facing our customers. Visit peraton.com to learn how we’re safeguarding your peace of mind.

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