Booz Allen Hamilton Inc. acquired Par Government Systems Corporation from PAR Technology Corporation (NYSE:PAR) for $95 million on June 7, 2024. In a related transaction PAR Technology Corporation has also entered into a definitive acquisition agreement to sell Rome Research Corporation to NexTech Solutions Holdings, LLC. Effective as of the Signing/Closing Date, Michael D. Nelson, President of Par Government Systems Corporation, ceased to be a named executive officer of PAR Technology Corporation. PAR Government Systems Corporation will integrate into Booz Allen?s global defense business led by Sector President Judi Dotson. Jefferies LLC acted as financial advisor and Charles W. Katz and Lindsay A. Thomas of King & Spalding LLP acted as legal advisors for Booz Allen Hamilton Inc. Baird acted as financial advisor and Christopher Lang of Gibson, Dunn & Crutcher LLP acted as legal advisor for PAR Technology Corporation.

Booz Allen Hamilton Inc. completed the acquisition of Par Government Systems Corporation from PAR Technology Corporation (NYSE:PAR) on June 7, 2024