Were Peraton’s big-ticket acquisitions worth it?

Washington Technology

July 27, 2022

We put that question (and many others) to Peraton Chief Growth Officer Mike King regarding the company’s integrations of Perspecta and the former Northrop Grumman IT business.

Three years ago, Peraton was new and also a little quirky given that company was a mishmash of IT contracts as part of its former parent Harris Corp.

But Peraton launched into the market with the backing of private equity powerhouse Veritas Capital and a seasoned leadership team including CEO Stu Shea and Chief Operating Officer Jeremy Wensinger.

Then in 2021 and a few months apart, Peraton’s owner strung together a pair of acquisitions that are blockbusters by anyone’s measure: the $3.4 billion purchase of Northrop Grumman’s IT business and $7.1 billion buy of Perspecta.

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