Mintz advised Altamira Technologies Corporation, an intelligence and defense contractor in the national security space, on its acquisition by Parsons Corporation, a leading national security and global infrastructure technology provider. The transaction is valued at $375 million, including $330 million in cash at closing and an additional $45 million earn-out contingent on 2026 EBITDA targets.
Altamira enhances Parsons’ defense and intelligence portfolio by delivering advanced analytics, signals intelligence (SIGINT), cyber, missile warning, and space capabilities. The transaction strengthens Parsons’ ability to deliver rapid, mission-ready, intelligence-driven capabilities across the Department of War and the Intelligence Community, positioning the company to capture a larger share of the evolving intelligence and multi-domain operations market.
Altamira has been a portfolio company of ClearSky, a venture capital and growth equity firm investing in innovative companies in the cybersecurity and energy transition sectors.
Read more about the transaction here.
The Mintz team included Technology Chair and Venture Capital & Emerging Companies Co-chair Daniel DeWolf and Corporate Members Joseph Ronca and Maarten Tuurenhout, Associate William Morrow, and Law Clerk Sophia Goettke; Tax Member Gregg Benson and Associate Liz Allison; and Executive Compensation Member David Lagasse and Associate Dina Sebrow. The team also included attorneys across various practice areas, including intellectual property, privacy, employee benefits, litigation, antitrust, and real estate.