"Veritas Capital" Posts

PE Firms Veritas Capital and Evergreen Coast Capital Acquire Cubic Corp For $2.8 Billion

Private equity firms Veritas Capital and Evergreen Coast Capital acquired San Diego, California-based government IT contractor Cubic Corp.

10 Most Read ChannelE2E News Stories: Week Ended 05 February 2021

This week’s most read ChannelE2E news & analysis content involved Accenture, ConnectWise, Microsoft Viva, Sangoma, Service Leadership, Star2Star, Thoma Bravo Advantage, Workday & more.

Peraton, Backed By Veritas Capital, Acquires Perspecta

Peraton, backed by private equity firm Veritas Capital, has acquired government IT consulting firm Perspecta for $7.1 billion.

10 Most Read ChannelE2E News Stories: Week Ended 11 December 2020

This week’s 10 most read news stories involved AWS re:Invent, AppSmart, Deloitte, HashedIn, Ingram Micro, MicroCorp., Peraton, Platinum Equity, ServiceNow, SolarWinds MSP, Thoma Bravo, Veritas Capital & more.

Veritas Capital Acquires Northrop Grumman’s Federal IT Services Business

Private equity firm Veritas Capital acquires Northrop Grumman federal IT services business for $3.4B. Acquired assets will merge into Peraton.

DXC Sells Selected Assets to Veritas Capital for $5B

DXC Technology is selling its U.S. State & Local Health and Human Services Business to private equity firm Veritas Capital for $5.0 billion.

IT Consulting Acquisition: Guidehouse Buys Navigant for $1.1 Billion

Guidehouse, backed by private equity firm Veritas Capital, acquires Navigant Consulting for lofty 14.7 times annual adjusted EBITDA based on 2019 forecasts.

DXC, Vencore, KeyPoint Create $4.3B Government IT Services Giant

DXC Technology combines U.S. Public Sector business with Vencore Holding & KeyPoint Government Solutions to form new, separate government IT services giant.

Veritas Capital Acquires Harris IT Services Unit for $690 Million

Veritas Capital acquires Harris Corp.’s government IT services business for $690 million in cash. The deal’s valuation is less than 1 times annual revenues.