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Tag Archives: Veritas

Jim Garrettson, CEO of Executive Mosaic, Presents Paul Smith, SVP and GM of Red Hat, His Third Wash100 Award

Jim Garrettson, founder and CEO of Executive Mosaic, presented Paul Smith, senior vice president and general manager of Red Hat’s Public Sector, with his third Wash100 Award on Wednesday.  Executive Mosaic recognizes Smith for accelerating the use of hybrid cloud platforms and other technology to assist federal agencies and grow …

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Hitachi Vantara Names Jonathan Martin as CMO, Kristin Machacek Leary as Chief HR Officer

Hitachi Vantara has announced the appointment of Jonathan Martin, a nearly two-decade marketing veteran in the technology industry, as chief marketing officer and Kristin Machacek Leary, a more than 25-year human resources leader, as chief HR officer. Leary and Martin will report to Scott Kelly, chief operating officer and chief …

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Executive Mosaic’s Weekly GovCon Round-Up: Top 10 Stories

Weekly Roundup July 2 – July 6, 2018 Click here to see Real-Time GovCon Sector Quotes Executive Mosaic’s Weekly GovCon Round-Up: Top 10 Stories Jim Garrettson, Executive Mosaic CEO Hope everyone’s 4th of July went well. Here are the Top 10 stories for this week. – Jim THIS WEEK’S TOP 10 NEWS STORIES …

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DSA’s Paul Strasser Elected IAC Executive Vice Chair

The American Council for Technology and Industry Advisory Council has announced the election of Paul Strasser, executive vice president of information management solutions group at Data Systems Analysts, as executive vice chair of IAC, effective July 1. Strasser, who currently serves as vice chair for finance at IAC’s executive committee, will …

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Executive Mosaic’s Weekly GovCon Round-up: Recent Private Sector Executive Moves in GovCon

Weekly Roundup January 15 – January 19, 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson This week we’re going to take a look at some of the recent executive moves in the GovCon marketplace. In the past few weeks there have been …

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Veritas Capital Acquires PAS Technologies from Houlihan Lokey

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 …

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Weekly Roundup February 27 – March 3 2017: The Potomac Officers Club Hosts A Successful 4th Annual Intel Summit & More

Weekly Roundup February 27 – March 3 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson The Potomac Officers Club (POC) hosted its 4th Annual Intel Summit this past Wednesday morning at the Ritz-Carlton Tysons Corner featuring a keynote address from Robert …

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Veritas Capital Raises $3.6B for Future Investment in Midmarket Tech Companies

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 billion in four months, could go to investments in sectors such …

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Symantec Closes $5.3B Veritas Sale to Carlyle Group; Michael Brown Comments

A group of investors led by Carlyle Group (Nasdaq: CG) has closed its nearly $5.3 billion acquisition of Veritas from Symantec Corp. (Nasdaq: SYMC). Symantec’s board of directors expects to return $4 billion in accelerated share repurchases and additional capital return to shareholders by the end of March 2017, Symantec …

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Symantec, Carlyle Group Modify Proposed Veritas Deal’s Value, Terms

The Carlyle Group (Nasdaq: CG) will pay $7.4 billion to acquire Symantec (Nasdaq: SYMC) subsidiary Veritas under amended financial terms of a proposed acquisition deal the parties expect to close Jan. 29. Symantec and Carlyle previously announced an $8 billion purchase price for the data management business. Michael Brown, Symantec president and CEO, …

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