Press Release
Press Release
Press Contacts: Erik Cummins, Matt Hyams, Olivia Thomas
06.05.18
A cross office team of Pillsbury lawyers is advising leading engineering services firm Parsons on its acquisition of Polaris Alpha, an advanced, technology-focused provider of innovative mission solutions, from private equity firm Arlington Capital Partners. The transaction is the latest in a series of strategic investments made by Parsons focused on technologies aligned to evolving threats in the land, sea, air, space, and cyber domains. The deal closed on May 31.
Parsons’ existing artificial intelligence, signals intelligence, and data analytics expertise supporting defensive and offensive cybersecurity missions will be expanded by the integration of Polaris Alpha’s machine learning, data, video, multi-source analytics, and automated reasoning technologies while Polaris Alpha’s portfolio of electromagnetic warfare, signals intelligence, space situational awareness, and multi-domain command and control technologies will significantly increase the scale and scope of Parsons’ capabilities and customer relationships. Both companies support the U.S. intelligence community, numerous U.S. Department of Defense agencies, the Department of Homeland Security, and other federal agencies, including the National Aeronautics and Space Administration and the Department of Justice.
Parsons has more than 70 years of experience in the engineering, construction, technical, and professional services industries. The company delivers design/design-build, program/construction management, systems design/engineering, cyber/converged security, and other professional services packaged in innovative alternative delivery methods to federal, regional, and local government agencies, as well as to private industrial customers worldwide
For more information on this transaction, click here.
The group of Pillsbury lawyers advising on this transaction was led by Corporate & Securities partner Matt Swartz. The deal team also included Corporate & Securities senior associate Daniel Raisin, associate Mike Allers, attorney Tara Shankar and associate Anthony Krueger; Executive Compensation & Benefits partner Howard Clemons, senior associate Justin Krawitz and senior law clerk Danielle Bradley; Government Contracts partner John Jensen; Insurance Recovery & Advisory partner Alex Lathrop; Intellectual Property special counsel Ben Kiersz; and International Trade senior associate Ben Cote.