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.

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. …

Deborah Ricci, formerly chief financial officer of Constellis, has been appointed to the same role at PwC’s former public sector arm that New York-based private equity firm Veritas Capital acquired in May. She brings to her position 25 years of finance, accounting, contracts, information technology and human resources management experience …

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 …

Veritas Capital has agreed to purchase the U.S. public sector business of PwC for an undisclosed sum. Veritas said Wednesday it will rename and run the business as an independent company once it finalizes the transaction and completes regulatory approvals and other customary closing conditions. The U.S. public sector business will …

Jonathan Alboum, former chief information officer at the Agriculture Department, has joined Veritas Technologies as chief technology officer of the Mountain View, California-based data management company’s public sector business. Veritas said Tuesday Alboum will aim to help government clients manage, secure and identify business value from data on premises or in multicloud environments. In …

Greg Hughes, former CEO of Serena Software, has been selected by the board of directors to succeed Bill Coleman as CEO of Veritas Technologies, effective immediately. Coleman will continue to serve on the company’s board and join investment firm The Carlyle Group (Nasdaq: CG) as operating executive, Veritas said Monday. …

Stu Shea has been named Chief Executive Officer of MHVC Acquisition Corp., (MHVC) formerly Harris Corporation’s Government Services business, a recent acquisition of Veritas Capital. MHVC is operating as a standalone company and will launch the new brand soon, Veritas Capital announced in a press release. Previously, Shea was President and Chief …

PAS Technologies, a portfolio company of KRG Capital Partners, has been acquired by StandardAero, a portfolio company of Veritas Capital from Houlihan Lokey. The transaction closed on May 5, 2017. PAS provides OEM and aftermarket aerospace engine components that are able to endure high-wear, high-heat, and corrosive environments. The company offers a comprehensive set …

Veritas Capital completed the $690 million cash acquisition of Harris Corporation’s (NYSE:HRS) Government IT Services Business. The Harris acquisition will round out Veritas’ portfolio of twelve companies and enhance their position within the Aerospace & Defense industry. Veritas Capital purchased government services contractor Alion Science and Technology in 2015 for what …