Veritas Capital has scheduled Oct. 1 as the date the private equity firm expects to complete its pending $5B cash acquisition of the U.S. state and local health and human services unit from DXC Technology (NYSE: DXC).
Read More »Search Results for: Ramzi Musallam
Veritas Capital-Backed Aptim Names Mark Fallon CEO; Ramzi Musallam Quoted
Mark Fallon, former CEO and president of environmental services provider Envirocon, has been appointed to succeed Michael Donnelly as CEO of Aptim in a move slated to take effect April 20.
Read More »Ramzi Musallam, Veritas Capital CEO & Managing Partner, Selected to 2020 Wash100 for Buyout Fund and GovCon M&A Leadership
Executive Mosaic is honored to introduce Ramzi Musallam, CEO and managing partner of Veritas Capital, as an inductee into the 2020 edition of the Wash100 for leading the New York City based investment firm to exceed its fundraising targets and further invest in technology-focused businesses.
Read More »Veritas Capital Strikes $5B Cash Deal for DXC’s State & Local Health Business; Ramzi Musallam Quoted
Veritas Capital has agreed to buy DXC Technology’s (NYSE: DXC) U.S. state and local health and human services business for $5B in cash. The transaction is expected to be completed by December, subject to regulatory approvals, receipt of third-party consents and other customary closing conditions, DXC said Tuesday.
Read More »Veritas Capital Raises $6.5B for Seventh Fund; Ramzi Musallam Quoted
Veritas Capital has generated $6.5B in capital commitments for its seventh fund in support of its strategy to invest in technology-focused companies that deliver products and services to government and commercial clients.
Read More »Carlyle Group Closes StandardAero Purchase; Ramzi Musallam Quoted
The Carlyle Group has completed its acquisition of aircraft maintenance, repair and overhaul services provider StandardAero from Veritas Capital for an undisclosed amount. The deal was first announced in December 2018. Ramzi Musallam, CEO and managing partner of Veritas Capital and a 2019 Wash100 winner, said Veritas has played a …
Read More »Carlyle Group to Buy StandardAero From Veritas Capital; Ramzi Musallam Quoted
The Carlyle Group (Nasdaq: CG) has agreed to purchase StandardAero from Veritas Capital for an undisclosed sum. The Washington, D.C.-based private equity firm said Tuesday it expects to close the deal by the end of the first quarter of calendar year 2019, pending regulatory approvals and other customary closing conditions. …
Read More »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 …
Read More »Veritas Capital to Buy CB&I’s Capital Services Business for $755M; Ramzi Musallam Comments
New York City-based investment firm Veritas Capital has agreed to purchase the capital services business of energy technology and infrastructure provider CB&I (NYSE: CBI) for approximately $755 million. Veritas said Tuesday it expects to complete the acquisition in the second quarter of 2017 and will rename and run the business as an independent firm once …
Read More »Veritas Capital Closes $2.1B StandardAero Buy; Ramzi Musallam Comments
Dubai Aerospace Enterprise has completed the sale of StandardAero to private equity firm Veritas Capital for $2.1 billion. StandardAero operates 13 facilities across the U.S., Europe, Canada, Australia and Singapore that offer aircraft repair, maintenance and overhaul services to clients in the commercial, military aviation and industrial power sectors, Veritas Capital …
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