September 10, 2018
Weil is advising Engility Holdings Inc., a premier provider of integrated services for the U.S. government, in its definitive agreement to be acquired by Science Applications International Corp. (SAIC) in an all-stock transaction valued at $2.5 billion. The transaction will create the second-largest independent technology integrator in government services and will create market sub-segment scale in strategic business areas of national interest, such as defense, federal civilian agencies, intelligence and space. The transaction is expected to close by the end of the fiscal fourth quarter ending February 1, 2019, following customary closing conditions.
The Weil team advising Engility is led by Co-Chair of the Transactions practice Frederick Green and includes Mergers & Acquisitions partner Eoghan Keenan and Mergers & Acquisitions associates Christina De Vuono and Brianna Dollinger; Banking & Finance partner Heather Viets; Capital Markets partner Faiza Rahman; Technology & IP Transactions partner Jeffrey Osterman; Tax partner Marc Silberberg; Executive Compensation & Benefits Co-Chair Paul Wessel; Antitrust Co-Head Steven Newborn; Antitrust counsel Michael Naughton; Banking & Finance associate Young Lee; Capital Markets associate Michael Stein; Technology & IP Transactions associate Mary Lentowski; Tax associate Joseph Reich; Executive Compensation & Benefits associates Jennifer Britz, Amanda Rosenblum and Akansha Mishra; and Antitrust associate Megan Granger.