Booz Allen Agrees To Acquire EverWatch For Undisclosed Sum

  • Booz Allen Hamilton Holding Corp BAH has agreed to acquire EverWatch, a provider of advanced solutions to the defense and intelligence communities. Deal terms were not disclosed.
  • Reston, Virginia-based EverWatch, a portfolio company of Enlightenment Capital, builds and operates mission-critical classified platforms to defend against increasingly sophisticated national cyber threats.
  • Following the transaction's closing, EverWatch will operate as a wholly-owned subsidiary of Booz Allen, working closely with the firm's National Security Sector led by Sector President Judi Dotson.
  • The transaction accelerates Booz Allen's national security growth aligned with VoLT strategy. The company expects to close the transaction in the first quarter of Booz Allen's FY23.
  • Booz Allen held cash and equivalents of $642.71 million as of December 31, 2021.
  • Price Action: BAH shares are trading lower by 3.17% at $82.26 on the last check Wednesday.
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