Close Menu
WashingtonExec
    Podcast Episodes
    LinkedIn Facebook X (Twitter) Instagram YouTube
    LinkedIn Facebook X (Twitter) Instagram YouTube
    WashingtonExec
    Subscribe To The Daily
    • News & Headlines
    • Executive Councils
    • Videos
    • Podcast
    • Events
      • 🏆 Chief Officer Awards
      • 🏆 Pinnacle Awards
    • About
    • Contact Us
    LinkedIn YouTube X (Twitter)
    WashingtonExec
    You are at:Home»News»Mergers & Acquisitions»Perspecta Buys Knight Point Systems, Expands Cloud, Cyber Portfolio
    Mergers & Acquisitions

    Perspecta Buys Knight Point Systems, Expands Cloud, Cyber Portfolio

    By Amanda ZiadehAugust 7, 2019
    Share
    LinkedIn Facebook Twitter Email
    Mac Curtis, Perspecta
    Mac Curtis, Perspecta

    Government services provider Perspecta announced its acquisition of Knight Point Systems, LLC, enhancing its cloud, cyber, digital transformation and enterprise IT offerings.

    The purchase cost Perspecta $250 million (subject to purchase price adjustments) and the transaction is set to be accretive to fiscal year 2020 adjusted earnings per share, excluding one-time transaction costs.

    “I am pleased to welcome all Knight Point employees and customers to the Perspecta team,” said Mac Curtis, president and CEO of Perspecta. “We are impressed by Knight Point’s deep customer intimacy, rich legacy of innovation, patented IP and delivery of IT and cyber managed services programs to customers such as the Departments of Defense and Homeland Security.”

    Knight Point is an end-to-end managed services and solutions provider focused on modernizing IT, protecting networks and digital transformation. The company specializes in cloud, cybersecurity and agile DevSecOps environments, and provides an as-a-service model to help customers acquire and scale technology services.

    “This is a great first acquisition for Perspecta that fits within our capital allocation model and strengthens our capability set,” Curtis added. “We consider Knight Point to be complementary to Perspecta’s culture and offerings, while accelerating our growth strategy.”

    And according to Knight Point CEO Bob Eisiminger, as he looked for opportunities to grow the company’s business, Perspecta offered the scale, strategy and growth engine the company, its customers and employees wanted.

    “It was so important to me that we identify a company that will value our employees and honor our mission to successfully serve federal agencies,” Eisiminger said. “I am completely confident that moving forward with Perspecta was the right decision on every level.”

    Previous ArticleSAIC Snags Prime Spot on $37B Army Contract
    Next Article Save the Date: Kevin Phillips Speaks at NVTC TITANS, Sept 13

    Related Posts

    From Flying Jets to Federal Innovation: How Marcus Lopez Drives Belcan’s Defense Growth Strategy

    ManTech Wins $200M NOAA Cyber Contract

    Greg Meyer Joins Guidehouse to Accelerate Enterprise Growth

    Comments are closed.

    LinkedIn Follow Button LinkedIn Logo Follow Us on LinkedIn
    2025 Chief Officer Awards - Finalists
    Latest Industry Leaders

    Top Chief Technology Officers to Watch in 2025

    Top General Counsels & Compliance Execs to Watch in 2025

    Load More
    Latest Posts

    From Flying Jets to Federal Innovation: How Marcus Lopez Drives Belcan’s Defense Growth Strategy

    May 21, 2025

    ManTech Wins $200M NOAA Cyber Contract

    May 21, 2025

    Greg Meyer Joins Guidehouse to Accelerate Enterprise Growth

    May 21, 2025

    Top Cyber Execs to Watch in 2025: ASRC Federal’s Ron A. Davis

    May 21, 2025

    Top Cyber Execs to Watch in 2025: HII Mission Technologies’ Ron Fodor

    May 21, 2025
    Quick Links
    • Executive Councils & Committees
    • Chief Officer Awards
    • Pinnacle Awards
    • Advertise With Us
    • About WashingtonExec
    • Contact
    Connect
    • LinkedIn
    • YouTube
    • Facebook
    • Twitter

    Subscribe to The Daily

    Connect. Inform. Celebrate.

    Copyright 2023 © WashingtonExec, Inc. | All Rights Reserved. Powered by J Media Group

    Type above and press Enter to search. Press Esc to cancel.