Booz Allen Hamilton to Acquire Peraton Public Sector for $1.05B

TL;DR

BAH buying Peraton's gov biz for $1.05B to boost space, cyber, intel.

AI Summary

Booz Allen Hamilton Holding Corp. announced on September 24, 2024, that it has entered into a definitive agreement to acquire Peraton's public sector business for $1.05 billion. This acquisition is expected to significantly expand Booz Allen's capabilities in areas such as space, cyber, and intelligence.

Why It Matters

This acquisition will bolster Booz Allen's market position and expand its service offerings, potentially leading to increased revenue and market share in key government contracting sectors.

Risk Assessment

Risk Level: medium — The acquisition involves a significant financial outlay and integration risks, which could impact Booz Allen's financial performance and operational efficiency.

Key Numbers

• $1.05B — Acquisition Price (Cost of acquiring Peraton's public sector business)

Key Players & Entities

• Booz Allen Hamilton Holding Corp. (company) — Acquiring company
• Peraton (company) — Company being acquired from
• $1.05 billion (dollar_amount) — Purchase price
• September 24, 2024 (date) — Announcement date

FAQ

From the Filing

0001443646-24-000187.txt : 20240924 0001443646-24-000187.hdr.sgml : 20240924 20240924060713 ACCESSION NUMBER: 0001443646-24-000187 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 20 CONFORMED PERIOD OF REPORT: 20240924 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240924 DATE AS OF CHANGE: 20240924 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Booz Allen Hamilton Holding Corp CENTRAL INDEX KEY: 0001443646 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MANAGEMENT CONSULTING SERVICES [8742] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-34972 FILM NUMBER: 241317466 BUSINESS ADDRESS: STREET 1: 8283 GREENSBORO DRIVE CITY: MCLEAN STATE: VA ZIP: 22102 BUSINESS PHONE: 703-902-5000 MAIL ADDRESS: STREET 1: 8283 GREENSBORO DRIVE CITY: MCLEAN STATE: VA ZIP: 22102 FORMER COMPANY: FORMER CONFORMED NAME: EXPLORER HOLDING CORP DATE OF NAME CHANGE: 20080821 8-K 1 bah-20240924.htm 8-K bah-20240924 0001443646 False 0001443646 2024-09-24 2024-09-24 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ___________________________________  FORM 8-K  ___________________________________     CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): September 24, 2024 ( September 24, 2024 ) ___________________________________   Booz Allen Hamilton Holding Corporation (Exact name of Registrant as specified in its charter)   ___________________________________     Delaware   001-34972   26-2634160 (State or other jurisdiction of incorporation)   (Commission File Number)   (IRS Employer Identification No.) 8283 Greensboro Drive, McLean, Virginia   22102 (Address of principal executive offices)   (Zip Code) Registrant’s telephone number, including area code: (703)   902-5000   ___________________________________   Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of Each Class Trading Symbol Name of Each Exchange on Which Registered Class A Common Stock BAH New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐ Item 7.01    Regulation FD Disclosure. Booz Allen Hamilton Holding Corporation (the “Company”) expects to present the attached materials to certain investors on or after September 24, 2024. The materials may be used by the Company in various other presentations to investors. A copy of the materials is attached as Exhibit 99.1 to this Current Report on Form 8-K. The information in this Item 7.01 and Exhibit 99.1 shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of