Peraton Inc.

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Peraton Inc. - overview

Established

2017

Location

Reston, VA, US

Primary Industry

IT Infrastructure

About

Peraton Inc. , based in the US, specializes in advanced solutions for national security and cybersecurity, emphasizing fraud detection and defense enhancements for government agencies. Founded in 2017 in Herndon, Virginia, Peraton Inc. provides advanced technology solutions in national security and cybersecurity, particularly through its Rapid Fraud Intelligence service.


In May 2023, the company was acquired by SoftIron Limited from Veritas Capital, a strategic move to transition its projects to SoftIron’s hypercloud storage platform. Peraton primarily focuses on delivering advanced solutions in national security, cybersecurity, and fraud detection through its flagship service, Rapid Fraud Intelligence (Rapid FI). This service equips government agencies with tools to combat fraud by enhancing their defenses and actively tracking sophisticated threats. Peraton's offerings span various capabilities, including cyber-hardened systems, systems engineering, and integrated cloud solutions.


These products are essential for clients within government sectors that require robust support for missions of significance, particularly in areas such as space intelligence, homeland security, and health. Peraton serves a diverse clientele across various geographical markets, providing services to federal, state, and local government agencies, as well as international partners. Peraton's revenue model is structured around providing specialized services to governmental clients, where transactions are predominantly B2B. These engagements typically involve long-term contracts and partnerships, reflecting the company's commitment to fostering enduring relationships with its clients.


Revenue is generated through service agreements that may encompass subscription-based arrangements for ongoing support and maintenance, as well as project-based contracts for specific missions. Specific pricing plans and costs associated with flagship offerings like Rapid FI are tailored to meet the needs of the individual agency, ensuring that clients receive customized solutions that align with their operational objectives. This approach reinforces Peraton's position as a leading provider of critical mission support within the national security landscape. Following the acquisition on May 4, 2023, Peraton Inc.


plans to leverage SoftIron’s hypercloud storage platform to enhance its service delivery. The company is focusing on the design and launch of new products that align with this technology shift. Additionally, Peraton aims to expand its presence in new markets, specifically targeting advancements in cloud-based solutions for government agencies by the end of 2024. The USD 675.


00 mn funding from the recent BUYOUT will support these initiatives, facilitating a smoother integration of its projects into the new platform.


Current Investors

Veritas Capital

Primary Industry

IT Infrastructure

Sub Industries

Engineering, Offshore IT Services/IT Outsourcing, Defence, IT Infrastructure, IT Security/Cybersecurity

Website

www.peraton.com/

Verticals

Artificial Intelligence

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Peraton Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Trade SaleCompletedPeraton Inc.-
Add-onCompletedViON Corporation's Cloud Services Business-
Add-on, Trade SaleCompletedPerspecta Inc.-
Add-onCompletedNorthrop Grumman’s Federal IT and Mission Support Services Business-
Add-onCompletedSolers, Inc.-

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