Tag Archives: Veritas Capital

Veritas Capital has scheduled Oct. 1 as the date the private equity firm expects to complete its pending $5B cash acquisition of the U.S. state and local health and human services unit from DXC Technology (NYSE: DXC).

Mark Fallon, former CEO and president of environmental services provider Envirocon, has been appointed to succeed Michael Donnelly as CEO of Aptim in a move slated to take effect April 20.

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.

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. 

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.

Guidehouse, a management consultancy backed by Veritas Capital, has closed its purchase of Navigant Consulting to broaden work in both the government and commercial sectors. "Together we will serve our clients with distinction around the world, helping them address their most difficult challenges," said Scott McIntyre, CEO of Guidehouse and a 2019 Wash100 awardee.

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.

On Monday, GovConWire reported that President Trump would nominate Rep. John Ratcliffe (R-Texas) to succeed Dan Coats as the director of National Intelligence.  “I think that John Ratcliffe is going to do an incredible job, if he gets approved,” Trump told reporters at the White House via CNN. “I think …

Jaime O’Keefe Orlando, formerly director of strategic communications at Peraton, has joined Huntington Ingalls Industries (NYSE: HII) as senior director of communications for the technical solutions division.

Jim Garrettson, founder and CEO of Executive Mosaic, presented Mac Curtis, president and chief executive officer of Perspecta, with his fifth consecutive Wash100 Award on Wednesday. Executive Mosaic recognizes Curtis for addressing digital transformation needs in healthcare, defense and intelligence. We are honored to present the most coveted award in …