Search Results for: Veritas

Veritas, Evergreen Coast Capital to Buy Cubic for $2.8B; Ramzi Musallam, Bradley Feldmann Quoted

Ramzi Musallam CEO and Managing Partner Veritas Capital

Veritas Capital and Evergreen Coast Capital, an affiliate of Elliott Investment Management, have agreed to acquire Cubic (NYSE: CUB) for approximately $2.8 billion, or $70 in cash per share. The all-cash transaction includes the assumption of debt and is expected to be finalized during the second quarter of 2021, subject to regulatory clearances, shareholder approval and other customary closing conditions.

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Veritas Capital Strikes $7.1B Deal for Perspecta; Mac Curtis, Stu Shea, Ramzi Musallam Quoted

Veritas Capital has agreed to acquire Perspecta (NYSE: PRSP) in an all-cash deal worth $7.1 billion and plans to merge the latter with Peraton to establish a government technology platforms provider focused on delivering end-to-end information technology capabilities and mission support to U.S. government clients. Perspecta stockholders will get $29.35 …

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EM’s Weekly Roundup: Veritas Capital Strikes $3.4B Deal for Northrop’s Federal IT, Mission Support Business; Leidos Wins $1.7B FAA Contract; John Ratcliffe Talks Space Force; Kathy Warden Named AIA Board Chair; Top Ten GovCon Recruiters Announced

Jim Garrettson, CEO of Executive Mosaic

Oroco Capital to Buy AECOM Civil Construction Business; Troy Rudd Quoted AECOM has entered into a definitive agreement to sell its civil construction business, including the Shimmick Construction unit, to Oroco Capital. AECOM said Thursday it expects to complete the sale in January upon the satisfaction of customary closing conditions. ArchIntel Releases Extended Competitive Intelligence …

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Veritas Capital Strikes $3.4B Cash Deal for Northrop’s Federal IT, Mission Support Business

Information Technology

Veritas Capital has agreed to acquire Northrop Grumman’s (NYSE: NOC) federal information technology and mission support services business for approximately $3.4B in cash. The transaction is expected to conclude in the first half of 2021 and Veritas said Monday it expects to merge the Northrop federal IT business with its portfolio company Peraton upon the deal’s closing, subject to regulatory approvals and other customary closing conditions.

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EM’s Weekly Roundup: Veritas Capital Completes $5B Acquisition of DXC’s HHS Business; Basil Parker to Become Federal CIO, Camilo Sandoval to Be Federal CISO; Lora Shiao Named ODNI COO; Cobham Signs $500M Deal with Raytheon Technologies; NSA Launches Center for Cybersecurity Standards

Jim Garrettson, CEO of Executive Mosaic

THIS WEEK’S TOP 10 MOST POPULAR STORIES View Weekly Contract Awards Lt. Gen. Stephen Fogarty: Army Cyber Command Shifts to Information Advantage Approach Lt. Gen. Stephen Fogarty, who leads the U.S. Army’s Cyber Command (ARCYBER), said his group is shifting from a warfare-focused approach to one that prioritizes information advantage. Fogarty said at the …

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EM’s Weekly Roundup: Accenture Invests $3B to Establish Cloud Division; Veritas/DXC Health Deal to Close Oct. 1st; SAIC Reorganizing Business Structure; LTG Bruce Crawford Joins Rubrik Advisory Board; Collins Aerospace Receives $317M Contract

Jim Garrettson, CEO of Executive Mosaic

THIS WEEK’S TOP 10 MOST POPULAR STORIES View Weekly Contract Awards Eight Firms Win $1.2B in DLA Protective Gown Supply Contracts The Defense Logistics Agency has awarded eight companies one-year contracts worth potentially $1.2B combined to provide disposable gowns for the Strategic National Stockpile under the Department of Health and Human Services’ management. …

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Ramzi Musallam, Veritas Capital CEO & Managing Partner, Selected to 2020 Wash100 for Buyout Fund and GovCon M&A Leadership

ramzi-musallam-veritas-capital-ceo-managing-partner-selected-to-2020

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.

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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.

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