- Transaction Value
- November 15, 2011
- Exclusive financial advisor to Cobham plc on the divestiture of Sparta Inc. (Cobham Analytic Solutions) to Parsons Corporation
The management and Board of Directors of Cobham plc decided to divest Sparta, a leading provider of scientific and engineering services to the U.S. missile defense and national security markets, as part of a portfolio optimization strategy to focus on the company’s higher growth and higher margin products businesses. The transaction, Parsons’ largest in over two decades, represented a significant expansion into advanced technology mission-oriented technical and professional services to the defense and national security markets.