Holland & Knight Advises Leidos Holdings on $215 Million Acquisition of 1901 Group
TYSONS, VA (January 15, 2021) – Holland & Knight represented Leidos Holdings, Inc. (NYSE: LDOS), a FORTUNE® 500 science and technology leader, in its acquisition of 1901 Group for approximately $215 million. The deal was announced on Jan. 14.
Headquartered in Reston, Virginia, 1901 Group is a leading provider for managed IT services and cloud solutions in the private and public market. Leidos, which is also headquartered in Reston, provides information technology, engineering and science solutions to the defense, intelligence, homeland security, civil and health industries.
The acquisition of 1901 Group will advance Leidos' position in the digital modernization market and expand its ability to address the accelerating cloud and IT services markets.
The Holland & Knight team representing Leidos is led by Partner Marisa Terrenzi. Her team includes Partners Gary Schoenbrun, Elizabeth Burkhard, Kara Ariail, Victoria Zerjav, Antonia Tzinova, Marc Druckman, John Dierking, Mark Francis, Eric Crusius, Howard Clemons, Robert Frank, Christian Nagel, Phillip Schreiber and Rachel Shim, and Associates Philippa Balestrieri, Anush Yegyazarian, Betsy Luxenberg, Dariya Golubkova, Daniel Janovitz, Kelsey Hayes and Aayushi Patel.
More information about the transaction can be found here.