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Weekly Roundup October 9 – October 13 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Top Five Systems Integration CEOs and Companies This past week the GovCon community experienced a number of high-profile occurrences, such as a significant merger...
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, Sh...
Steve Schorer, former president of DynCorp International, has joined Alion Science and Technology as president and CEO. Schorer will assume the posts Friday to succeed Bahman Atefi, who will transition to the role of vice chairman of the board of directors at the McLean, Virginia-based government services contractor, Alion Sc...
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...
Veritas Capital has raised $3.55 billion to fund future investments in technology-focused middle-market companies that support government-related and commercial organizations across various sectors. The private equity investment firm said Wednesday Veritas Capital Fund VI, which exceeded the target hard cap of $3 ...
Weekly Roundup January 30 – February 3 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Our fourth annual Wash100 list of Government Contracting’s Most Influential Figures hit the presses last week to recognize leaders in the public and privat...
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 industria...
New York City-based private equity firm Bridge Growth Partners has agreed to purchase majority ownership of federal software development and data analytics services contractor CRGT from an affiliate of Veritas Capital for an undisclosed sum. Bridge Growth said Wednesday that it expects to close the transaction by the end of t...
