Perspecta to be Acquired by Peraton in $7.1 Billion Deal

Paul, Weiss is advising Perspecta, a leading U.S. government services provider, in its all-cash $7.1 billion sale to Peraton, a portfolio company of Veritas Capital. Under the terms of the agreement, Perspecta shareholders will receive $29.35 per share in cash. The combination will create a leading government technology provider that delivers end-to-end capabilities in IT and mission support and serves as the strategic partner of choice across a diverse array of U.S. government customers. The transaction is expected to close in the first half of calendar 2021, subject to regulatory approvals and other customary closing conditions.

The Paul, Weiss team includes, among others, corporate partners Scott Barshay, Cullen Sinclair, Robert Zochowski and Neil Goldman, and counsel Sophia Gui and David Sobel; executive compensation partner Lawrence Witdorchic; tax partner Jeffrey Samuels and counsel Alyssa Wolpin; real estate partner Peter Fisch; intellectual property partner Charles Googe and counsel Michael Kurzer; litigation partner Jaren Janghorbani and counsel Peter Jaffe; antitrust counsel Marta Kelly; and environmental counsel William O’Brien.