Booz Allen Acquires Tracepoint For Undisclosed Sum

Comments
Loading...
  • Booz Allen Hamilton Holding Corp BAH has acquired Tracepoint, a digital forensics and incident response (DFIR) company serving public and private sector clients, for undisclosed financial terms.
  • Booz Allen exercised its option to acquire the remainder of Tracepoint's business after making an initial strategic investment in Tracepoint in January 2021
  • Booz Allen intends to integrate its Commercial Cyber business and Tracepoint in early 2022.
  • Booz Allen expects Tracepoint's DFIR capabilities and customer relationships to complement and scale its existing commercial portfolio and expand its position in the private sector cyber market.
  • Booz Allen held cash and cash equivalents of $621.9 million as of June 30, 2021.
  • Price Action: BAH shares are trading higher by 1.30% at $82.54 on the last check Monday.
BAH Logo
BAHBooz Allen Hamilton Holding Corp
$109.20-2.27%

Stock Score Locked: Want to See it?

Benzinga Rankings give you vital metrics on any stock – anytime.

Reveal Full Score
Edge Rankings
Momentum22.82
Growth70.65
Quality63.50
Value34.89
Price Trend
Short
Medium
Long
Market News and Data brought to you by Benzinga APIs

Posted In: