EDINBURGH, 7 May 2024 -- Wood Mackenzie (the “Company”) today announced that Jason Liu has been appointed Chief Executive Officer (CEO). Mr. Liu replaces former CEO Mark Brinin, who is departing to pursue other opportunities after successfully leading the Company through its transformative carve-out.
Key Points:
- EDINBURGH, 7 May 2024 -- Wood Mackenzie (the “Company”) today announced that Jason Liu has been appointed Chief Executive Officer (CEO).
- Mr. Liu is a distinguished leader with over 25 years of experience leading growth-oriented, private equity-backed companies in the software and data industries.
- “We are excited to welcome Jason to Wood Mackenzie as CEO,” said Ramzi Musallam, CEO and Managing Partner of Veritas Capital.
- “Jason’s prior experience and skillset make him the ideal leader for Wood Mackenzie through this next transformative period of growth.
Technology,
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Professional Services,
Software,
Other Health,
Managed Care,
Health,
Data Analytics,
Data Management,
Veritas Capital,
Growth,
Software as a service,
KKR,
Renewable energy Cotiviti, a leading healthcare data analytics and technology business, announced today the close of its business recapitalization with two premier firms, affiliates of its long-standing partner Veritas Capital (Veritas) and investment funds managed by KKR.
Key Points:
- Cotiviti, a leading healthcare data analytics and technology business, announced today the close of its business recapitalization with two premier firms, affiliates of its long-standing partner Veritas Capital (Veritas) and investment funds managed by KKR.
- KKR and Veritas are now co-sponsors with equal ownership stakes in Cotiviti.
- “In Veritas and KKR, we have two world-class investment firms joining forces because of their belief in our mission.
- We look forward to working alongside the Cotiviti management team and Veritas to further scale the business through strategically investing in innovation, talent, and technology.”
Retrieved on:
Thursday, December 14, 2023
Acquisition,
Veritas Capital,
Kirkland & Ellis,
Bain Capital,
Public sector,
PwC,
Goldman Sachs,
Morgan Stanley,
Jefferies Group,
Health,
Covington & Burling,
Partnership,
Guggenheim Partners,
Veritas WASHINGTON, Dec. 14, 2023 /PRNewswire/ -- Guidehouse, a leading global provider of consulting and managed services to public sector and commercial clients, today announced the close of its acquisition by Bain Capital Private Equity ("Bain Capital") from Veritas Capital ("Veritas") for $5.3 billion. The transaction, which was announced November 6, 2023, supports the fast-growing consultancy's strategic growth plans. Guidehouse will continue to operate under its current management team, led by Chief Executive Officer Scott McIntyre.
Key Points:
- WASHINGTON, Dec. 14, 2023 /PRNewswire/ -- Guidehouse , a leading global provider of consulting and managed services to public sector and commercial clients, today announced the close of its acquisition by Bain Capital Private Equity ("Bain Capital") from Veritas Capital ("Veritas") for $5.3 billion.
- "We are pleased to announce the successful close of this transaction," said Guidehouse CEO Scott McIntyre.
- We view the transaction as an endorsement of our business and Guidehouse's track record of best-in-class client delivery capabilities, and we look forward to this next chapter of our evolution in partnership with Bain Capital."
- PricewaterhouseCoopers LLP served as accounting advisor, and Kirkland & Ellis LLP served as legal counsel to Bain Capital.
Finance,
Consulting,
Business,
Professional Services,
Other Professional Services,
Milbank,
Goldman Sachs,
PwC,
Health,
Guggenheim Partners,
Infrastructure Sustainability Council of Australia,
Jefferies Group,
Kirkland & Ellis,
Environment,
Growth,
Public sector,
Bain Capital,
LLP,
Kratos Defense & Security Solutions,
Partnership,
Partner,
Covington & Burling,
Consultant,
Veritas,
Veritas Capital Guidehouse , (“Guidehouse”, or the “Company”), a leading global provider of consulting services to the public sector and commercial markets, today announced that it has entered into a definitive agreement to be acquired by an affiliate of Bain Capital Private Equity (“Bain Capital”) for $5.3 billion.
Key Points:
- Guidehouse , (“Guidehouse”, or the “Company”), a leading global provider of consulting services to the public sector and commercial markets, today announced that it has entered into a definitive agreement to be acquired by an affiliate of Bain Capital Private Equity (“Bain Capital”) for $5.3 billion.
- Headquartered in McLean, Virginia, Guidehouse has broad capabilities in management, technology, and risk consulting, as well as digital services and business process outsourcing.
- Guidehouse boasts a global presence with over 17,000 professionals spread across more than 55 locations worldwide.
- PricewaterhouseCoopers LLP is serving as accounting advisor, and Kirkland & Ellis LLP is serving as legal counsel to Bain Capital.
Retrieved on:
Thursday, September 28, 2023
MORRISVILLE, N.C., Sept. 28, 2023 (GLOBE NEWSWIRE) -- Syneos Health, Inc. (“Syneos Health” or the “Company”), a leading fully integrated biopharmaceutical solutions organization, today announced the completion of its acquisition by a consortium of private investment firm affiliates composed of Elliott Investment Management L.P., Patient Square Capital and Veritas Capital.
Key Points:
- MORRISVILLE, N.C., Sept. 28, 2023 (GLOBE NEWSWIRE) -- Syneos Health, Inc. (“Syneos Health” or the “Company”), a leading fully integrated biopharmaceutical solutions organization, today announced the completion of its acquisition by a consortium of private investment firm affiliates composed of Elliott Investment Management L.P., Patient Square Capital and Veritas Capital.
- As a result of the transaction, Syneos Health is now a privately held company.
- As a result of the completion of the transaction, shares of Syneos Health common stock were removed from listing on the Nasdaq Stock Market, with trading in Syneos Health shares suspended prior to the opening of business today.
- Further information about the transaction can be found in a Form 8-K filed with the SEC today by Syneos Health.
Other Education,
University,
Technology,
Software,
Education,
Software as a service,
Risk,
Partnership,
B2B,
Veritas Capital,
Microsoft,
Educational technology,
ACV,
Dahlgren,
Growth,
AI,
Ecosystem,
Blackboard,
Management,
Tutoring,
Anthology He will be succeeded by Bruce Dahlgren, who has been appointed incoming CEO.
Key Points:
- He will be succeeded by Bruce Dahlgren, who has been appointed incoming CEO.
- In 2020, Anthology emerged as a new company through the combination of higher education technology leaders: Campus Management, Campus Labs, and iModules.
- “Jim and the talented team at Anthology have created the only holistic software ecosystem for the higher education community - one that has the power to transform the learner journey and help institutions deliver on their missions,” said Bruce Dahlgren.
- “We are confident that Bruce will seamlessly carry forward these values and leverage his proven expertise to lead Anthology on its continued mission of transforming lives through the power of education.”
Dahlgren’s appointment comes at a time of significant growth for Anthology.
Software,
Other Defense,
Hardware,
Technology,
Defense,
Other Manufacturing,
Security,
Government Technology,
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Aerospace,
Manufacturing,
Military,
Gibson Dunn,
Acquisition,
Thornton,
RF,
Veritas Capital,
Cable television,
Management,
Veritas Frontgrade Technologies (“Frontgrade”), a portfolio company of Veritas Capital (“Veritas”) and a leading independent supplier of high-reliability, advanced electronic solutions for space and national security missions, announced today the completion of its acquisition of Aethercomm, a designer and manufacturer of high-power radio frequency (RF) solid state power amplifiers as well as transmit/receive and high-power RF switches.
Key Points:
- Frontgrade Technologies (“Frontgrade”), a portfolio company of Veritas Capital (“Veritas”) and a leading independent supplier of high-reliability, advanced electronic solutions for space and national security missions, announced today the completion of its acquisition of Aethercomm, a designer and manufacturer of high-power radio frequency (RF) solid state power amplifiers as well as transmit/receive and high-power RF switches.
- Since its inception over 60 years ago, Frontgrade and its products have had a presence on all historical major U.S. space platforms.
- “Aethercomm’s RF technologies have an excellent reputation for reliability and are very complementary to Frontgrade’s current portfolio of processing, power and propulsion solutions,” said Mike Elias, President and CEO at Frontgrade.
- “By adding our active RF solutions to the existing Frontgrade platform, we will ensure that companies operating in the aerospace and defense sectors are equipped with an innovative and fully integrated product suite.”
Aethercomm will operate as a division of Frontgrade and be rebranded as Frontgrade Aethercomm.
Retrieved on:
Wednesday, August 2, 2023
MORRISVILLE, N.C., Aug. 02, 2023 (GLOBE NEWSWIRE) -- Syneos Health, Inc. (Nasdaq: SYNH) (“Syneos Health” or the “Company”), a leading fully integrated biopharmaceutical solutions organization, today announced that the Company’s stockholders approved an agreement to take the Company private through an acquisition by a consortium of private investment firm affiliates comprised of Elliott Investment Management L.P., Patient Square Capital, and Veritas Capital at a special meeting of stockholders held earlier today.
Key Points:
- MORRISVILLE, N.C., Aug. 02, 2023 (GLOBE NEWSWIRE) -- Syneos Health, Inc. (Nasdaq: SYNH) (“Syneos Health” or the “Company”), a leading fully integrated biopharmaceutical solutions organization, today announced that the Company’s stockholders approved an agreement to take the Company private through an acquisition by a consortium of private investment firm affiliates comprised of Elliott Investment Management L.P., Patient Square Capital, and Veritas Capital at a special meeting of stockholders held earlier today.
- As previously announced, under the terms of the agreement, Syneos Health stockholders will receive $43.00 in cash for each share of Syneos Health common stock owned at the closing of the transaction, if completed.
- “We thank our stockholders for their strong support for this transaction,” said Michelle Keefe, CEO of Syneos Health.
- The final voting results of the Syneos Health special meeting will be reported in a Form 8-K to be filed by Syneos Health with the U.S. Securities and Exchange Commission.
Centerview Partners,
BMO Capital Markets,
LLP,
HSBC,
Bank of America,
Partnership,
Covington & Burling,
Shareholder,
Veritas Capital,
NA,
Health,
BofA Securities,
Latham & Watkins,
Syneos Health,
History,
Elliott Investment Management,
Wells Fargo,
RBC Capital Markets,
Truist,
Gibson,
Jefferies Group,
Patient,
Citigroup,
UBS,
Completion,
Ernst & Young,
Security (finance),
Cryptocurrency,
Pharmaceutical industry,
Accounting,
Veritas MORRISVILLE, N.C., May 10, 2023 (GLOBE NEWSWIRE) -- Syneos Health, Inc. (Nasdaq: SYNH) (“Syneos Health” or the “Company”), a leading fully integrated biopharmaceutical solutions organization, today announced that it has entered into a definitive agreement to be acquired by a consortium of private investment firm affiliates composed of Elliott Investment Management (“Elliott”), Patient Square Capital (“Patient Square”), and Veritas Capital (“Veritas”) for $43.00 per share in cash in a transaction valued at approximately $7.1 billion, including outstanding debt.
Key Points:
- “This agreement is the culmination of a comprehensive review of opportunities available to Syneos Health, including interest from multiple parties with the assistance of independent financial and legal advisors.
- The Syneos Health Board of Directors unanimously determined that this all-cash transaction maximizes value for our shareholders and is in the best interests of the Company and all stakeholders,” said John Dineen, Chair of the Syneos Health Board of Directors.
- Upon completion of the transaction, Syneos Health will become a private company and shares of Syneos Health Class A common stock will no longer trade on the Nasdaq.
- In a separate press release to be issued today, Syneos Health will announce financial results for the three months ended March 31, 2023.
Learning,
LLP,
Education,
Veritas Capital,
Curriculum,
Veritas,
Research,
Milbank,
Goldman Sachs,
Government,
HMH,
Student,
Acquisition,
Diving,
Growth,
NWEA,
MAP,
Nursing,
Management BOSTON, May 1, 2023 /PRNewswire/ -- Learning technology company HMH today announced that it has completed its acquisition of assets from research and educational services organization NWEA. The combined organization will harness the collective power of instruction and research-based insights to support educators in their efforts to drive better outcomes for students.
Key Points:
- BOSTON, May 1, 2023 /PRNewswire/ -- Learning technology company HMH today announced that it has completed its acquisition of assets from research and educational services organization NWEA .
- NWEA CEO Chris Minnich will join HMH's executive leadership team as president of a new NWEA division.
- Together, we are deeply focused on the transformative power of education," said Jack Lynch, CEO of HMH.
- K–12 districts, states and educators currently working with HMH and NWEA will not experience any disruption to the services they currently receive.
