A team of Pillsbury lawyers represented leading IT services and cloud solutions provider 1901 Group LLC in a definitive agreement of its acquisition by Fortune 500 science and technology leader, Leidos Holdings Inc.
Founded in 2009, 1901 Group was established on the principle that IT can be efficiently delivered as an outcome-based service. 1901 brings a strategic, transformative approach to IT service delivery, providing customers with complete flexibility across a spectrum of support models–from off-premise managed services to traditional on-premise support and targeted hybrid models.
Leidos will leverage 1901's proven IT, cloud factories and fully integrated service delivery platform to advance its position in the digital modernization market and expand its ability to address the accelerating cloud and IT services markets, improving customer demand for more fixed-priced, utility-based business arrangements.
The Pillsbury team was led by corporate M&A attorney Ellen Grady and corporate associates Tara Shankar and Ian Carlin. Also providing legal advice on the transaction to 1901 Group was Employee Benefits partner Keith Ranta and associate Dan O’Neil; Government Contracts partner Alex Ginsberg and associate Toghrul Shukurlu; Tax partner Thomas Morton; Intellectual Property partner Ngai Zhang and Tiffany Kuo; and Cybersecurity, Data Protection & Privacy senior counsel Catherine Meyer.