Home / M&A Activity / Veritas Closes PwC Public Sector Purchase; Ramzi Musallam, Scott McIntyre Comment

Veritas Closes PwC Public Sector Purchase; Ramzi Musallam, Scott McIntyre Comment

New York City-based Veritas Capital has wrapped up its acquisition of PricewaterhouseCoopers‘ U.S. public sector arm that offers strategic advisory services to federal, state and local government agencies.

The private equity firm will rename the acquired business once current rebranding efforts are completed, Veritas said Tuesday.

“We are excited to start this next stage of our growth as a standalone company and committed to completing a smooth transition,” said Scott McIntyre, CEO of the now-former PwC U.S. public sector business and a two-time Wash100 awardee.

Ramzi Musallam, CEO and managing partner of Veritas and a three-time Wash100 awardee, said the investment company aims to leverage its government market experience to help the business implement organic growth and acquisition strategies.

Check Also

Air Force Taps Northrop, Space Vector for $424M Suborbital Launch Services Contract

Northrop Grumman‘s (NYSE: NOC) innovation systems business, formerly Orbital ATK, and Space Vector have landed spots …

Booz Allen, WBB, Cydecor Win Spots on $70M Navy Info Dominance Mgmt Support IDIQ

The U.S. Navy has selected Booz Allen Hamilton (NYSE: BAH), Cydecor and Whitney, Bradley and Brown to help the …