Parsons to acquire BlackHorse Solutions

By Marjorie Censer / June 11, 2021 at 1:22 PM

Parsons said this week it has agreed to acquire BlackHorse Solutions in a deal worth $203 million.

The Herndon, VA-based BlackHorse was founded in 2018 and specializes in cyber, digital operations, artificial intelligence and full-spectrum operations.

"Parsons' acquisition of BlackHorse expands the company's proven solutions and products that address next-generation military, intelligence, and space operations," the company said. "BlackHorse will be integrated into Parsons' federal solutions business segment, adding nearly two hundred employees, the predominance of which hold high-level security clearances."

In 2022, BlackHorse is expected to generate sales of about $100 million. The deal is slated to close next month.