Report: Dell Nearing Buyout Deal, Microsoft Involved

Dell logo_GovConWire
Dell (NASDAQ: DELL) is nearing a deal for a buyout led by California-based private equity firm Silver Lake Management LLC, Bloomberg reports. Microsoft (NASDAQ: MSFT) could provide some funding and Michael Dell could contribute between $500 million and $1 billion of equity financing for the deal, the report said. Michael Dell currently holds a 15.7 percent stake in the company he founded in 1984, according...

Report: Dell Considering Private Equity Buyout

Dell logo_GovConWire
Dell (NASDAQ: DELL) has discussed a potential buyout of the company with private equity firms TPG Capital and Silver Lake, Bloomberg reports. According to the report, such a transaction would require more than $20 billion in equity and debt. Chairman and CEO Michael Dell told a New York City audience in 2010 he has considered taking the company private before, according to Bloomberg. Reuters reports...

Altamont Buys Investigations Provider, Aiming for Federal Growth; Randall Eason Comments

Private equity firm Altamont Capital Partners has acquired background investigations firm Omniplex World Services Corp. for an undisclosed amount, Washington Technology reports. This is Altamont’s second acquisition within a month as it bought window maker Cascade Windows in December 2012, according to the report. “Partnering with the Altamont Team will allow Omniplex to continue to grow and...

GovCon Exclusive: Bob Kipps’ 3-Tier M&A Market Report

Bob Kipps GovConExec magazine provides a unique glimpse from the GovCon executive’s perspective on the government market. In the just-released Spring issue of the magazine, the execs tackle the increasingly mission critical field of big data, which promises significant value to all Americans when harnessed. From drones to healthcare, digesting and analyzing enormous amounts of data can make...

Former Vangent CEO Mac Curtis Joins Veritas Capital

Mac Curtis, Veritas Capital Former Vangent CEO Mac Curtis has joined Veritas Capital in Washington, GovCon Wire has learned. Curtis told GovCon Wire Thursday his role with the private equity firm is helping identify and acquire companies in the government market. Veritas became the owner of Vangent, then known as Pearson Government Solutions, in 2007 for around $600 million. Curtis said he is excited...