Veritas Capital CEO and Managing Partner Ramzi Musallam was bestowed his 2023 Wash100 Award plaque by Executive Mosaic CEO Jim Garrettson during a recent visit to Veritas’ New York City headquarters. Musallam has been recognized for eight consecutive years by EM’s organizational leadership for his unstinting vision, innovation and reliabilit...
After a competitive four months and tens of thousands of votes, Executive Mosaic is excited to announce that the winner of the 2023 Wash100 popular vote competition is the resolute Department of Defense cornerstone, Defense Secretary Lloyd Austin. This year, a staggering nearly 40,000 votes were cast in support of the esteemed recipients of the 2...
Veritas Capital CEO and Managing Partner Ramzi Musallam has been inducted into the 2023 edition of the prestigious Wash100 Award in recognition of his outstanding leadership at the helm of an investment company whose footprint in the government technology market is substantial and continuously expanding. The Wash100 Award is a forwar...
In 2022, the GovCon landscape saw announcements and completions of merger-and-acquisition deals at privately held, publicly traded and private equity backed companies that sought to expand what they could offer to their federal customers. Continuing reading below for Executive Mosaic editorial team’s rundown of transactions and insights from i...
A Veritas Capital affiliate has bought Chromalloy parent company Sequa from Carlyle (Nasdaq: CG) in a move aimed at expanding the New York-based technology investor’s portfolio with aftermarket services for aviation, energy and defense customers. In a statement published Tuesday, Ramzi Musallam, CEO and managing partner of Veritas, highlighted...
Veritas Capital has agreed to acquire a CAES division that manufactures radiation-hardened microelectronic products and subsystems intended for space operations. Financial terms of the deal were not disclosed and the pending acquisition of CAES Space Systems is expected to close in the first quarter of 2023, Veritas said Thursday. Mike Elias, a seni...
Veritas Capital has raised $10.65 billion in capital commitments for its eighth fund to further support its strategy to invest in technology companies that provide critical services and products to government and commercial customers. The New York-based government investment firm said Wednesday Fund VIII closed within a year and was oversubscribed, ...
Guidehouse, a Veritas Capital portfolio company, has agreed to buy the public sector advisory practice of professional services firm Grant Thornton for an undisclosed sum. McLean, Virginia-based Guidehouse said Monday it expects the transaction to close in the second half of the year and add to the company a group of professionals that advises gover...
The U.S. government is a behemoth, sprawling across a myriad of agencies, departments and organizations. The government contracting (GovCon) community, by comparison, is a relatively small segment of that. The big players within that narrow segment are well-known. The smaller businesses, on the other hand, face intense competition to prove themselve...
Ramzi Musallam, CEO and managing partner of Veritas Capital, officially received his 2022 Wash100 Award, the most prestigious award in government contracting (GovCon), from Executive Mosaic CEO Jim Garrettson during a recent visit to the company’s office in New York City. For the last nine years, the Wash100 Award has served as the standard fo...
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