SAIC acquisition of Engility
SAIC bought Engility in an all-stock deal, creating the second-largest independent US government technology integrator.
- Company
- Engility Holdings
- Type
- M&A
- Status
- Completed
- Date
- 14 Jan 2019
- Value
- US$2.5bn
- Value basis
- US$2.5bn all-stock, including US$900m of Engility debt assumed
- Region
- US
- Segment
- Government services
Parties
- Science Applications International Corp (SAIC) buyer
- Engility shareholders seller
Key terms
- Structure
- All stock
- Debt assumed
- US$900m
- Announced
- 10 Sep 2018
Sources
- SAIC 8-K: SAIC to acquire Engility sec.gov · 10 Sep 2018
- SAIC 8-K: SAIC completes acquisition of Engility sec.gov · 14 Jan 2019
Record DEF-INV-2019-0001. Investments are kept apart from the financings register and never counted in debt totals.
