King & Spalding advised Booz Allen Hamilton (NYSE: BAH) in its definitive agreement to acquire Liberty IT Solutions, LLC, a leading information technology and services firm, for $725 million. The acquisition will broaden and deepen Booz Allen’s digital solutions capabilities, expand its talent base and service delivery models, and strengthen its ability to work with strategic industry partners to help clients adapt and transform.
Liberty’s leading digital solutions—including robust cloud, low code/no code, and DevSecOps capabilities—will complement Booz Allen’s powerful digital transformation portfolio and help clients achieve more efficient, effective transformational change.
The transaction was led by King & Spalding’s Charlie Katz and Lindsay Thomas. Booz Allen’s press release announcing the transaction can be found here.