Latham & Watkins Represents Parsons in Acquisition of Xator Corporation

A multidisciplinary deal team represents a leading disruptive technology provider in the national security and critical infrastructure markets.

May 23, 2022

Parsons Corporation (NYSE:PSN) has announced that it entered into a definitive agreement to acquire Xator Corporation in a transaction valued at US$400 million. Founded in 2005, Xator expands Parsons’ customer base and brings differentiated technical capabilities in critical infrastructure protection, counter-unmanned aircraft systems (cUAS), intelligence and cyber solutions, biometrics, and global threat assessment and operations, increasing the company’s addressable market in both the federal solutions and critical infrastructure segments.

Latham & Watkins LLP represents Parsons Corporation in the transaction with a corporate deal team led by Century City partner David Zaheer and Chicago partner Bradley Faris, with associates Brianna Dollinger, Mark Goshgarian, and Eirene Kim. Advice was also provided on tax matters by Washington, D.C. partner Andrea Ramezan-Jackson, with associate Christopher Ohlgart; on benefits and compensation matters by San Diego partner Holly Bauer, with associate Joseph Benedetto; on intellectual property matters by Los Angeles partner Ghaith Mahmood, with associate Natasha Phillips; on data privacy matters by Bay Area partner Robert Blamires, with associates James Smith and Lyle Stewart; on antitrust matters by Bay Area partner Joshua Holian and Washington, D.C. counsel Patrick English; on government contracts matters by Washington, D.C. partner Eric Volkman and Washington, D.C. counsel Dean Baxtresser, with associates Allen Perry and Gustavo Ruiz; on environmental matters by Los Angeles counsel Aron Potash, with associate Nick Eberhart; on real estate matters by San Diego partner Stephanie Fontanes and San Diego counsel Aaron Friberg; and on insurance matters by Los Angeles partner Drew Levin, with associate Harrison White.

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