Holland & Knight Advising Liberty IT Solutions on $725 Million Acquisition by Booz Allen Hamilton

TYSONS, Va. (May 5, 2021) –  Holland & Knight is advising Liberty IT Solutions, LLC, a leading information technology and services firm, on its sale to Booz Allen Hamilton (NYSE: BAH) for $725 million. The agreement was announced on May 4 and is expected to close in June 2021.

Liberty is headquartered in Herndon, Va., with a national presence including Exton, Pa. and a dedicated Agile Center of Excellence in Melbourne, Fla. The company is a leading digital partner driving transformation across the federal IT ecosystem and employs approximately 600 solution architects, engineers and other technical staff.

Booz Allen is a management and information technology consulting firm headquartered in McLean, Va. and employing about 27,200 people globally. The acquisition of Liberty 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.

Holland & Knight Partners Adam August and Ashley Plemons, and Associates Andy Erickson and David Valk led the firm's representation of Liberty in the deal.

More information about the transaction can be found here.