Parsons (NYSE: PSN) closes acquisition of Altamira Technologies Corporation
Rhea-AI Filing Summary
Parsons Corporation disclosed that on January 15, 2026 it signed and closed a Stock Purchase Agreement for the acquisition of Altamira Technologies Corporation by its subsidiary, Parsons Government Service, Inc. This means the deal agreement and closing occurred together, so Altamira is now part of Parsons' government services platform as described in the accompanying press release.
The company furnished a press release as an exhibit to provide additional detail about the transaction. No purchase price, financing details, or financial impact were included in this disclosure, and the exhibit is not automatically incorporated into other Securities Act or Exchange Act filings.
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Insights
Parsons closed the Altamira Technologies acquisition via a signed Stock Purchase Agreement.
Parsons Corporation states that on
The disclosure is brief and does not state the purchase price, funding structure, or expected financial contribution, so the size and impact of Altamira within Parsons' overall business are not quantified here. Those details, if any, are indicated as being in the furnished press release identified as Exhibit 99.1.
Subsequent periodic reports are likely to describe how Altamira is integrated into Parsons' segments and how the acquisition affects revenue, margins, and any purchase accounting adjustments as of the relevant reporting dates.
FAQ
What did Parsons Corporation (PSN) announce regarding Altamira Technologies Corporation?
Parsons Corporation announced that on January 15, 2026 it signed and closed a Stock Purchase Agreement under which its subsidiary, Parsons Government Service, Inc., acquired Altamira Technologies Corporation.
Which Parsons entity acquired Altamira Technologies Corporation?
The buyer is Parsons Government Service, Inc., a subsidiary of Parsons Corporation, which completed the acquisition of Altamira Technologies Corporation pursuant to a Stock Purchase Agreement.
Was the Altamira acquisition by Parsons signed and closed on the same date?
Yes. The disclosure states that on January 15, 2026, Parsons announced the signing and closing of the Stock Purchase Agreement for the acquisition of Altamira Technologies Corporation.
Does Parsons disclose the purchase price for the Altamira Technologies acquisition in this report?
No purchase price or other financial terms for the Altamira Technologies Corporation acquisition are included in this disclosure. Additional details are indicated to be in the furnished press release (Exhibit 99.1).
What exhibit did Parsons furnish related to the Altamira acquisition?
Parsons furnished a press release as Exhibit 99.1, described as providing additional information about the acquisition of Altamira Technologies Corporation. The filing also includes the Cover Page Interactive Data File as Exhibit 104.
Is the Altamira acquisition press release incorporated by reference into other Parsons filings?
The report specifies that information disclosed under Item 9.01, including the exhibit, shall not be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Securities Exchange Act of 1934.