On the Record · Parsons

Parsons acquisitions, on the record

The businesses Parsons bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

Business	Deal	When	Value
I.S. Engineers, LLC Word for word“I.S. Engineers, LLC: Acquired on October 31, 2023 for a purchase price of $12.2 million.” 10-K for 2023	acquisition	October 31, 2023	$12.2 million
Sealing Technologies, Inc. Word for word“On August 23, 2023, the Company acquired a 100% ownership interest in Sealing Technologies, Inc (“SealingTech”), a privately-owned company, for $179.3 million and up to an additional $25 million in the event an earn out revenue target is exceeded.” 10-K for 2023	acquisition	August 23, 2023	$179.3 million
IPKeys Power Partners, Inc. Word for word“On April 13, 2023, the Company entered into a merger agreement to acquire a 100% ownership interest in IPKeys Power Partners (“IPKeys”), a privately-owned company, for $43.0 million.” 10-K for 2023	agreed acquisition	April 13, 2023	$43.0 million
Xator Corporation Word for word“On May 31, 2022, the Company acquired Xator Corporation for $387.5 million.” 10-K for 2023	acquisition	May 31, 2022	$387.5 million
Echo Ridge LLC Word for word“On July 30, 2021, the Company acquired Echo Ridge for $9.0 million.” 10-K for 2023	acquisition	July 30, 2021	$9.0 million
BlackHorse Solutions, Inc. Word for word“On July 6, 2021, the Company acquired BlackHorse for $205.0 million.” 10-K for 2023	acquisition	July 6, 2021	$205.0 million
Braxton Science and Technology Group, LLC Word for word“Acquired in November 2020 at a purchase price of $310.9 million ($267 million less the tax asset), Braxton operates at the forefront of satellite operations, ground automation, flight dynamics, and spacecraft antenna simulation for the U.S. 11 Department of Defense and Intelligence Community.” 10-K for 2023	acquisition	November 2020	$310.9 million
QRC® Technologies Word for word“QRC® Technologies: Acquired in 2019 at a purchase price of $214.1 million, QRC® Technologies is a disruptive product company that provides design and development of open-architecture radio-frequency products.” 10-K for 2023	acquisition	2019	$214.1 million
OGSystems Word for word“OGSystems: Acquired in 2019 at a purchase price of $292.4 million, OGSystems is a disruptive geo-intelligence solutions and immersive engineering provider that creates technology solutions for the United States intelligence community and the U.S. Department of Defense.” 10-K for 2023	acquisition	2019	$292.4 million
Polaris Alpha Word for word“Polaris Alpha : Acquired in 2018 at a purchase price of $489.1 million, Polaris Alpha is an advanced, technology-focused provider of innovative mission solutions for national security, intelligence, defense and other U.S. federal customers.” 10-K for 2023	acquisition	2018	$489.1 million
Williams Electric Word for word“Williams Electric . Acquired in 2017 for a purchase price of $26.4 million.” 10-K for 2023	acquisition	2017	$26.4 million
BCC Engineering, LLC Word for word“On November 1, 2024, the Company acquired a 100% ownership interest in BCC Engineering, LLC ("BCC") a privately owned company, for $232.7 million.” 10-K for 2024	acquisition	On November 1, 2024	for $232.7 million
BlackSignal Technologies, LLC Word for word“BlackSignal Technologies, LLC On August 16, 2024, the Company acquired a 100% ownership interest in BlackSignal Technologies, LLC, ("BlackSignal") a privately-owned company, for $203.7 million.” 10-K for 2024	acquisition	On August 16, 2024	for $203.7 million
Applied Sciences Consulting, Inc. Word for word“On October 1, 2025, the Company acquired a 100% ownership interest in Applied Sciences Consulting, Inc. ("ASC"), a privately owned company, for $28.1 million from cash on hand.” 10-K for 2025	acquisition	On October 1, 2025	$28.1 million
Chesapeake Technology International, Corp Word for word“On June 30, 2025, the Company acquired a 100% ownership interest in Chesapeake Technology International, Corp ("CTI"), a privately owned company, for $91.5 million from cash on hand.” 10-K for 2025	acquisition	On June 30, 2025	$91.5 million
TRS Group, Inc. Word for word“On January 31, 2025, the Company acquired a 100% ownership interest in TRS Group, Inc. ("TRS") a privately owned company, for $36.6 million from cash on hand (of which $3.8 million will be paid in July 2026).” 10-K for 2025	acquisition	On January 31, 2025	$36.6 million

As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year ended	Cash paid for acquisitions (net of cash acquired)	Goodwill from acquisitions
2017-12-29	$25.7 million	—
2018-12-31	$481.2 million	$244.4 million
2019-12-31	$494.8 million	$308.6 million
2020-12-31	$302.9 million	$213.5 million
2021-12-31	$198.3 million	$150.2 million
2022-12-31	$379.5 million	$252.4 million
2023-12-31	$221.9 million	$129.6 million
2024-12-31	$428.7 million	$294.2 million
2025-12-31	$145.1 million	$101.4 million

Deal filings since 2016

2025-06-05 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2024-02-27 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2022-09-19 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2022-05-27 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2021-08-11 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2021-07-07 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2021-06-29 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2020-11-19 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2020-08-20 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement

Read from Parsons’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-11. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.