Bloomberg Law
Jan. 28, 2021, 11:56 AM

Schulte, Paul, Weiss Aid Veritas’ $7.1 Billion Perspecta Deal

Rick Mitchell

Schulte Roth & Zabel is advising a Veritas Capital portfolio company on a $7.1 billion deal to buy Perspecta Inc., which provides information technology services to public agencies.

Paul, Weiss is advising Chantilly, Va.-based Perspecta on the transaction, expected to close in 2021’s second half, according to a statement.

Schulte is advising both Veritas and its Herndon, Va.-based portfolio company, Peraton, which provides space, intelligence, cyber, defense, homeland security and communications capabilities to federal agencies and commercial businesses.

The combined company will provide IT support and serve as a partner for a range of U.S. government customers, the statement said. ...

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