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    You are at:Home»News»Mergers & Acquisitions»Parsons Acquires Secure Mission Solutions, Expands Cybersecurity Offering
    Mergers & Acquisitions

    Parsons Acquires Secure Mission Solutions, Expands Cybersecurity Offering

    By Michelle DavisMay 6, 2014
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    Charles Harrington, CEO, Parsons
    Charles Harrington, CEO, Parsons

    Parsons, an engineering and construction provider, announced last month it acquired Reston, Va.-based Secure Mission Solutions, a cybersecurity and critical asset protection services firm, from Riordan, Lewis & Haden Equity Partners.

    Financial terms of the deal were not disclosed, but the deal adds Secure Mission Solutions to the California-based company’s government services business unit.

    The acquisition also expands Parson’s cybersecurity market by building upon the company’s critical asset delivery, sustainment and protection, the company wrote in a press statement.

    Parsons CEO and Chairman Chuck Harrington said the acquisition aligns with the company’s goals to strengthen its offerings to a broader range of customers.

    Secure Mission Solutions provides expertise in cloud computing, virtualization, data center consolidation, satellite communications, identity management, critical infrastructure protection and high-performance computing among other services.

    “We’re excited about joining Parsons, which has a strong reputation for providing a broad range of professional services to federal customers and for absolute dedication to supporting important defense and intelligence missions,” said Phil Lacombe, the Secure Mission Solutions president.

    “Under the Parsons umbrella, the talented teams throughout Secure Mission Solutions will continue to offer a discriminating set of cybersecurity and electronic security solutions while gaining access to deeper resources, complementary technical capabilities, and a broader customer base.”

    Houlihan Lokey served as Secure Mission Solutions’ sole advisor throughout the transaction.

    http://www.zantechit.com

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