SRA files IPO of common stock with SEC

Just a few days after rumors of a sale were swirling around SRA, the company has filed a registration statement for a proposed initial public offering of its common stock.

SRA’s owner, Providence Equity Partners, has held the company since 2011 after acquiring it for $1.9 billion. Since then, SRA has continued to carry a significant amount of debt, standing at over $1 billion, which is where it has been since 2012.

Bank of America Merrill Lynch and Citigroup will act as joint book-runners of the proposed offering, SRA said in a release.

The registration statement relating to these securities has been filed with the Securities and Exhance Commission, but has not yet become effective, the company said.

SRA has filed to raise up to $100 million in IPO.

About the Author

Mark Hoover is a senior staff writer with Washington Technology. You can contact him at, or connect with him on Twitter at @mhooverWT.

Reader Comments

Please post your comments here. Comments are moderated, so they may not appear immediately after submitting. We will not post comments that we consider abusive or off-topic.

Please type the letters/numbers you see above

What is your e-mail address?

My e-mail address is:

Do you have a password?

Forgot your password? Click here


  • POWER TRAINING: How to engage your customers

    Don't miss our Aug. 2 Washington Technology Power Training session on Mastering Stakeholder Engagement, where you'll learned the critical skills you need to more fully connect with your customers and win more business. Read More


    In our latest Project 38 Podcast, editor Nick Wakeman interviews Tom Romeo, the leader of Maximus Federal about how it has zoomed up the 2019 Top 100. Read More

contracts DB

Washington Technology Daily

Sign up for our newsletter.

Terms and Privacy Policy consent

I agree to this site's Privacy Policy.