Search Results for: Veritas

Cubic Board OKs $3B Amended Acquisition Agreement With Veritas, Evergreen

Cubic

Cubic Corporation announced on Wednesday it has accepted a proposal from Veritas Capital and Evergreen Coast Capital to increase the price per share of their pending acquisition of Cubic to $75.00 per share in cash. By accepting the proposal, Cubic has entered into an amended agreement with Veritas and Evergreen. The all-cash transaction will be valued at approximately $3 billion. 

Read More »

Veritas Capital CEO, Managing Partner Ramzi Musallam Receives Sixth Consecutive Wash100 Award; Executive Mosaic CEO Jim Garrettson Quoted

Ramzi Musallam CEO

Ramzi Musallam, managing partner and CEO of Veritas Capital, has received a 2021 Wash100 Award for leading a large number of multi-billion dollar acquisitions to drive exponential growth for the company, Executive Mosaic announced on Tuesday. This marks the sixth consecutive year that Musallam has received the most prestigious award in all of government contracting (GovCon).

Read More »

Veritas Capital Completes $3.4B Northrop Unit Buy; Peraton to Oversee IT, Services Business; Ramzi Musallam, Stu Shea Quoted

Ramzi Musallam CEO

Veritas Capital has completed its $3.4 billion acquisition of Northrop Grumman's IT and mission support services business. Veritas announced the multi-billion dollar transaction in December 2020, stating that the transaction will enable Veritas to establish a technology-enabled services platform that can deliver support to a wide range of critical government missions through its combination with Peraton. “The completion of this transaction brings together two dynamic businesses with complementary, mission-critical solutions and capabilities, creating an industry-leading platform with a shared commitment to customer success,“ said Ramzi Musallam, chief executive officer and managing partner of Veritas, and 2020 Wash100 Award recipient.

Read More »

Veritas Capital to Buy, Combine Perspecta With Peraton in $7.1B Deal; Mac Curtis, Stu Shea Quoted

Mac Curtis Chairman and CEO Perspecta

Veritas Capital has moved to acquire Perspecta for $7.1 billion and plans to combine the latter to its portfolio company Peraton to expand its position in the government technology market. Perspecta has entered into a definitive agreement for the all-cash transaction. "Perspecta will be well positioned to build on our momentum and continue executing on customer commitments as Perspecta delivers cyber, digital-transformation and mission-focused solutions,“ said Mac Curtis, chairman and CEO of Perspecta and 2020 Wash100 Award recipient. Stu Shea, chairman, president and CEO of Peraton and 2020 Wash100 Award recipient said, "Together, we will create a top-tier, privately-owned government technology business with a focus on missions of consequence.“

Read More »

Carolyn Hyde Named Veritas Federal Healthcare, Civilian Sales Leader

Carolyn Hyde Named Veritas Federal Healthcare, Civilian Sales Leader - top government contractors - best government contracting event

Carolyn Hyde, former vice president of sales at Government Acquisitions, has joined Veritas Technologies as leader of federal healthcare and civilian sales at the data management software company, FedHealthIT reported Monday. She brings 25 years of experience managing teams for sales and support activities, having formerly held leadership positions at Attune Systems and Akira Technologies.

Read More »

Ramzi Musallam, CEO of Veritas Capital, Inducted Into 2019 Wash100 for M&A and Organic Growth Leadership

Ramzi Musallam, CEO of Veritas Capital, Inducted Into 2019 Wash100 for M&A and Organic Growth Leadership - top government contractors - best government contracting event

Executive Mosaic is honored to announce Ramzi Musallam, CEO and managing partner of Veritas Capital, as an inductee into the 2019 edition of Wash100 “” Executive Mosaic's annual selection of the most influential voices in the government contracting arena “” for leading the company's mergers and acquisition activity and helping Veritas grow organically.

Read More »

PwC Public Sector Rebrands as ‘Guidehouse’ Under Veritas Ownership

PwC Public Sector Rebrands as 'Guidehouse' Under Veritas Ownership - top government contractors - best government contracting event

The PwC Public Sector business acquired by investment firm Veritas Capital in May now operates under the name Guidehouse, ExecutiveBiz has learned. Guidehouse’s website says the company will offer technology, management and strategy consulting services to multiple sectors that include the defense, national security and state and local government markets. …

Read More »

Veritas Technologies, GSA Reach Governmentwide Procurement Deal for Cloud, Data Mgmt Platforms

Veritas Technologies, GSA Reach Governmentwide Procurement Deal for Cloud, Data Mgmt Platforms - top government contractors - best government contracting event

Veritas Technologies has reached an agreement with the General Services Administration to help federal clients implement enterprise software products designed to support cloud management and data governance efforts. GSA said Tuesday government buyers can buy Veritas-made software platforms to manage and secure agencies’ data through the new enterprise software acquisition deal. Both parties negotiated …

Read More »

Veritas Updates Cloud-Based Data Archiving Platform for Govt Clients

Veritas Updates Cloud-Based Data Archiving Platform for Govt Clients - top government contractors - best government contracting event

Veritas Technologies has launched a new version of its software-as-a-service data archiving platform for government customers to manage email records electronically. Enterprise Vault 12.1 is designed to help federal agencies comply with the Managing Government Records Directive as well as support the National Archives and Records Administration‘s Capstone approach for email management, Veritas …

Read More »