Parsons Corporation
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Parsons Corporation - overview
Established
1944
Location
Chantilly, VA, US
Primary Industry
Software
About
Parsons Corporation is a technology-driven company specializing in solutions for national security and infrastructure challenges, focusing on advanced systems that enhance defense capabilities. Founded in 1944 by Tony Parsons, Parsons Corporation is headquartered in Pasadena, California, US. The company specializes in providing technological solutions for national security and global infrastructure. Throughout its history, Parsons has maintained a strategic focus on innovation and has evolved its operations to adapt to the changing demands of defense and infrastructure needs.
Parsons Corporation specializes in delivering advanced technological solutions designed to address complex challenges in national security and global infrastructure. Their core product offerings encompass a range of innovative systems, including radar technologies, missile interception solutions, and command and control systems. These products function to enhance aviation security, protect critical infrastructure from advanced aerial threats, and improve overall defense capabilities. The company's clientele includes various governmental agencies, particularly within the United States, as well as international defense partners.
Their solutions are utilized across key geographical markets including North America, Europe, and Asia, underscoring their commitment to safeguarding assets and ensuring security for their customers. Parsons Corporation generates revenue through a structured approach involving contracts and partnerships primarily with government entities and defense organizations. The company engages in B2B transactions, wherein they deliver products and services through multi-year contracts that may include technical support and consulting services. Revenue transactions are typically based on agreed-upon project milestones, reflecting the completion of specific deliverables or phases within a project.
For instance, their flagship projects often involve extensive technical support services, which are billed according to the scope of work and project requirements. This structured approach to revenue generation allows Parsons to maintain a steady income stream while fostering long-term relationships with its clients in the national security sector.
Primary Industry
Software
Sub Industries
Public Relations & Communications, Waste to Energy, Power & Utilities, Aerospace, Defence, Environmental Services, Monitoring & Security Software, Engineering Software
Website
www.parsons.com/
Verticals
Artificial Intelligence, Artificial Intelligence, Artificial Intelligence, Infrastructure, Urban Planning
Total Amount Raised
Subscriber access only
Parsons Corporation - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Altamira Technologies Corporation | - | ||||||||
| Add-on, Trade Sale | Completed | BCC Engineering, LLC | - | ||||||||
| Trade Sale | Completed | Braxton Science & Technology Group LLC | - | ||||||||
| Trade Sale | Completed | QRC, LLC | - | ||||||||
| Trade Sale | Completed | Acuity Technologies Holding Company, LLC | - |
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