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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Executive Mosaic, the leading executive media and events company in the government contracting “GovCon” industry, announced the 2020 winners of the highly coveted and prestigious Wash100 Award. The full list of winners and more information about the award can be found on Wash100.com.
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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.
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Guidehouse, a Veritas Capital portfolio company, has agreed to buy Navigant Consulting (NYSE: NCI) for approximately $1.1B in a move to create a global consultancy that will serve both the public and private sectors. Shareholders in Navigant will get a cash payment of $28 per share, a 16 percent premium over the Chicago-based company's Thursday closing stock price, Guidehouse said Friday.
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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 …
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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. …
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Alion Science and Technology has agreed to buy MacAulay-Brown for an undisclosed sum to expand work with national security customers and engineering and technology offerings. Steve Schorer, Alion president and CEO and a 2018 Wash100 winner, said in a statement released Thursday the company made the acquisition in a push to …
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Mac Curtis, Perspecta (NYSE: PRSP) president and CEO, led the ringing of the opening bell Monday at the New York Stock Exchange to mark the company’s launch after it completed its separation from DXC Technology (NYSE: DXC) and merger with Vencore and KeyPoint Government Solutions. Mike Lawrie, chairman of Perspecta’s …
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Weekly Roundup June 4 – June 8, 2018 Click here to see Real-Time GovCon Sector Quotes Executive Mosaic’s Weekly GovCon Round-Up: Northrop Concludes Acquisition of Orbital ATK and Top 10 Stories Jim Garrettson, Executive Mosaic CEO Northrop Concludes Acquisition of Orbital ATK This year has seen significant M&A activity, as …
Read More » Perspecta (NYSE: PRSP) has unveiled the members of its senior leadership team and board following its spinoff from DXC Technology (NYSE: DXC) and combination with Vencore and KeyPoint Government Solutions. Mac Curtis, president and CEO of Perspecta, will also serve on the board of the company that started trading Friday on the New …
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