Leidos Acquires ENTRUST Solutions Group for Approximately $2.4 Billion

January 27, 2026

Leidos has signed a definitive agreement to acquire ENTRUST Solutions Group for approximately $2.4 billion in an all-cash transaction. The deal is intended to expand Leidos’ position in utility engineering and to enter utility gas and electric generation infrastructure markets, complementing ENTRUST’s consulting and engineering services for utilities.

Buyers
Leidos
Targets
ENTRUST Solutions Group, ENTRUST Solutions Group (ENTRUST)
Sellers
Kohlberg & Company, Neuberger Berman Capital Solutions (minority investor), Neuberger Berman Private Markets (funds managed by Neuberger)
Industry
IT Services
Location
Illinois, United States
Transaction Type
Buyout

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