secwatch.observer — SEC 8-K summary
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Issuer:     PARSONS CORP (PSN)
CIK:        0000275880
Form:       8-K
Filed at:   2026-01-15T23:59:59+00:00
Accession:  0001193125-26-014152
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Parsons acquires Altamira Technologies for up to $375M in cash
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- Base purchase price $330M cash at close; $45M earn-out in Q1 2027 if 2026 EBITDA targets met.
- Altamira expected to generate over $200M revenue in 2026; deal accretive to PSN's 2026 revenue growth, adj. EBITDA margin, and adj. EPS.
- Base purchase price implies 12.8x multiple on anticipated 2026 EBITDA before synergies.
- Altamira adds >600 employees (>90% cleared) in SIGINT, cyber, space, and missile warning for U.S. Department of War and IC.
- Transaction closed on Jan 15, 2026; Altamira will align to Parsons' Defense & Intelligence business unit.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/275880/000119312526014152/0001193125-26-014152-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/275880/000119312526014152/psn-20260115.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-014152

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer