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Were Peraton’s big-ticket acquisitions worth it?
Technology

Were Peraton’s big-ticket acquisitions worth it?

Three years ago, Peraton was new and also a little quirky given that company was a mishmash of IT contracts as part of its former parent Harris Corp.But Peraton launched into the market with the backing of private equity powerhouse Veritas Capital and a seasoned leadership team including CEO Stu Shea and Chief Operating Officer Jeremy Wensinger.Then in 2021 and a few months apart, Peraton's owner strung together a pair of acquisitions that are blockbusters by anyone’s measure: the $3.4 billion purchase of Northrop Grumman's IT business and $7.1 billion buy of Perspecta.Virtually overnight, Peraton vaulted from the upper middle-tier to now claiming position No. 7 on the 2022 Washington Technology Top 100 with $5 billion in prime contract obligations.We’ve written multiple articles analy...