secwatch.observer — SEC 8-K summary
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Issuer:     PARSONS CORP (PSN)
CIK:        0000275880
Form:       8-K
Filed at:   2021-07-07T23:59:59+00:00
Accession:  0001564590-21-035894
Event type: m_and_a
Sentiment:  positive
Materiality: 0.60
Item codes: 2.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Parsons completes accretive $203M acquisition of BlackHorse Solutions
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- Acquisition valued at $203 million; accretive to Parsons.
- Expands capabilities in cyber, electronic warfare, and information dominance.
- BlackHorse technology unifies cyber, electromagnetic warfare, and info operations for DoD/IC customers.
- Consistent with strategy: targets companies with revenue growth and >10% adjusted EBITDA margins.
- BlackHorse is headquartered in Herndon, Virginia.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/275880/000156459021035894/0001564590-21-035894-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/275880/000156459021035894/psn-8k_20210706.htm
  HTML page:      https://secwatch.observer/filing/0001564590-21-035894

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