VERITAS CAPITAL

athenahealth Acquired by Hellman & Friedman and Bain Capital

Retrieved on: 
Tuesday, February 15, 2022
Data Management, Banking, Practice Management, Technology, Professional Services, Managed Care, Health, Software, Hospitals, Insurance, Finance, Health information management, Elliot, Population health, Patient, Orientation, Health, Company, Government, Â, Education, Veritas Capital, Abu Dhabi Investment Authority, Solution, Bain Capital, Elliott Management Corporation, Philosophy, Technology, Software Technology Parks of India, Insurance, Partnership, GIC, Acquisition, Innovation, Software, Growth, Hellman & Friedman, Investment, Foundation, Software as a service, Veritas, athenahealth, Inc., Hellman & Friedman, Bain Capital, Veritas Capital, Elliott and Evergreen, ATHENAHEALTH, INC., HELLMAN & FRIEDMAN, BAIN CAPITAL, VERITAS CAPITAL, ELLIOTT AND EVERGREEN

athenahealth, Inc. (athenahealth or the Company), a leading provider of cloud-based enterprise software solutions for medical groups and health systems nationwide, today announced that affiliates of Bain Capital and Hellman & Friedman have completed their acquisition of athenahealth from Veritas Capital and Evergreen Coast Capital for $17 billion.

Key Points: 
  • athenahealth, Inc. (athenahealth or the Company), a leading provider of cloud-based enterprise software solutions for medical groups and health systems nationwide, today announced that affiliates of Bain Capital and Hellman & Friedman have completed their acquisition of athenahealth from Veritas Capital and Evergreen Coast Capital for $17 billion.
  • We are thrilled to partner with Hellman & Friedman and Bain Capital as we take the next step in our evolution and continue our work to transform and improve the delivery of healthcare, said Bob Segert, chairman and chief executive officer of athenahealth , who will continue to lead the Company.
  • In addition to Hellman & Friedman, Bain Capital Private Equity, and Bain Capital Tech Opportunities, the investor group includes Veritas Capital and Evergreen Coast Capital, which have each retained a minority investment in athenahealth, as well as other new coinvestors, including an affiliate of GIC and a wholly owned subsidiary of the Abu Dhabi Investment Authority.
  • Hellman & Friedman is a preeminent global private equity firm founded in 1984 with a distinctive investment approach focused on large-scale equity investments in high quality growth businesses.

Arcfield Appoints Kevin Kelly as Chairman and CEO, Announces New Company Name

Retrieved on: 
Tuesday, December 14, 2021
Technology, Homeland Security, Public Policy, Government, Defense, Other Technology, Telecommunications, Other Defense, Contracts, Networks, White House, Federal Government, Electronic Design Automation, Data Management, Security, Satellite, Defense, Government, Department of Defence, Intelligence, Education, Sale, Industry, Bell Labs, Health, CEO, Department, Investment, Software, CACI, Technology, LGS, Risk management, Management, Veritas, Arcfield, Veritas Capital, ARCFIELD, VERITAS CAPITAL

Arcfield today announced the appointment of Kevin Kelly, a 30-year defense and intelligence leader, as chief executive officer and chairman, effective immediately.

Key Points: 
  • Arcfield today announced the appointment of Kevin Kelly, a 30-year defense and intelligence leader, as chief executive officer and chairman, effective immediately.
  • Previously known as CTFV Acquisition Corp. (CTFV), Arcfield also revealed its new company name today.
  • Arcfield is a portfolio company of The Veritas Capital Vantage Fund, L.P.
  • Composed of two sectors space and intelligence, and defense and federal civilian Arcfield develops mission-critical solutions addressing its customers most complex challenges.

Veritas Capital to Acquire Finalsite from Bridge Growth Partners

Retrieved on: 
Wednesday, December 1, 2021
Software, Internet, Finance, Professional Services, Technology, University, Primary, Secondary, Education, University, News, Government, CEO, School, Technology, Capital, Industry, Software as a service, Health, Student, Solution, Education, Veritas Capital, Parent, K-12, Software, Investment, LLC, Marketing, OH, Bridge Growth Partners, Growth, Tutoring, Finalsite, Veritas Capital, Bridge Growth Partners, FINALSITE, VERITAS CAPITAL, BRIDGE GROWTH PARTNERS

Veritas Capital (Veritas), a leading private investment firm, today announced that an affiliate of Veritas has signed a definitive agreement to acquire Finalsite, a global leader in school website and digital communications tools, from Bridge Growth Partners.

Key Points: 
  • Veritas Capital (Veritas), a leading private investment firm, today announced that an affiliate of Veritas has signed a definitive agreement to acquire Finalsite, a global leader in school website and digital communications tools, from Bridge Growth Partners.
  • Were eager to partner with Finalsite and Bridge Growth as we accelerate the companys growth profile and mission-critical education tools.
  • Bridge Growth Partners, LLC is a private equity firm that targets investments in the technology and technology-enabled services sectors.
  • For more information about Bridge Growth Partners, please visit http://www.bridgegrowthpartners.com
    View source version on businesswire.com: https://www.businesswire.com/news/home/20211201005314/en/

athenahealth, Healthcare Technology Leader, to be Acquired by Hellman & Friedman and Bain Capital for $17 Billion

Retrieved on: 
Monday, November 22, 2021
Technology, Finance, Professional Services, Software, Practice Management, Managed Care, Health, General Health, Data Management, Patient, Government, Insurance, Population health, CEO, Health information management, LLP, Technology, GIC, Software as a service, Company, Elliott Management Corporation, Population, Ambulatory care, Partnership, Health, Athenahealth, Elliot, Software Technology Parks of India, Foundation, Leadership, Education, Solution, Goldman Sachs, Milbank, Bain Capital, Veritas Capital, Hellman, Hellman & Friedman, Physician, Software, ADIA, Investment, Abu Dhabi Investment Authority, BofA Securities, Orientation, Abu Dhabi Investment Council, Innovation, Kirkland & Ellis, Philosophy, BMO Capital Markets, Growth, Pharmaceutical industry, Management, athenahealth, Inc., Hellman & Friedman, Bain Capital, Veritas Capital, Elliott and Evergreen, ATHENAHEALTH, INC., HELLMAN & FRIEDMAN, BAIN CAPITAL, VERITAS CAPITAL, ELLIOTT AND EVERGREEN

Today marks a significant milestone for athenahealth and our partnership with Veritas Capital and Evergreen Coast Capital, and we are thrilled to work with Hellman & Friedman and Bain Capital to drive the next phase of our growth journey.

Key Points: 
  • Today marks a significant milestone for athenahealth and our partnership with Veritas Capital and Evergreen Coast Capital, and we are thrilled to work with Hellman & Friedman and Bain Capital to drive the next phase of our growth journey.
  • athenahealths technology leadership has differentiated the Company as a next generation cloud-based SaaS technology platform, facilitating innovation in a rapidly evolving and dynamic market, added Sameer Narang, partner at Hellman & Friedman .
  • We are thrilled to continue to support the Company alongside Evergreen, Hellman & Friedman, and Bain Capital in the years ahead.
  • LLC., BMO Capital Markets, and BofA Securities, Inc. are serving as financial advisors, and Kirkland & Ellis LLP as legal advisor, to Hellman & Friedman and Bain Capital.

Anthology and Blackboard to Merge, Creating a Leading Global Provider of Education Software and Solutions

Retrieved on: 
Tuesday, September 14, 2021
Primary, Secondary, Education, Data Management, Technology, Software, Other Education, University, Knowledge, Health, Education, Investment, Government, K-12, CEO, Vista Equity Partners, Faculty, Technology, J. P. Morgan, Weil, Gotshal & Manges, Software, Knowledge industries, RI, Educational technology, UBS, Providence Equity, Blackboard, Solution, Growth, Deutsche Bank, Veritas Capital, Martha Plimpton, Milbank, University, Learning, Mark (given name), Intelligence, Leeds Equity Partners, Goal, Student, Tutoring, Medicine, Management, Financial services, Anthology, Blackboard, Veritas Capital, Providence Equity Partners, Leeds Equity Partners, ANTHOLOGY, BLACKBOARD, VERITAS CAPITAL, PROVIDENCE EQUITY PARTNERS, LEEDS EQUITY PARTNERS

Anthology , a leading provider of proven higher education solutions that support the entire learner lifecycle, and Blackboard , a leading global EdTech software and solutions company, announced today a definitive agreement to combine the two companies.

Key Points: 
  • Anthology , a leading provider of proven higher education solutions that support the entire learner lifecycle, and Blackboard , a leading global EdTech software and solutions company, announced today a definitive agreement to combine the two companies.
  • Blackboard is a leading provider of learning management software, communication tools and student success solutions to 150 million users in more than 80 countries.
  • Anthology provides higher education enterprise software and solutions around enrollment management, student engagement, alumni fundraising and institutional effectiveness.
  • Together, Blackboard and Anthology will lead the next wave of EdTech innovation, said Bill Ballhaus, Chairman, Chief Executive Officer and President of Blackboard.

Guidehouse to Acquire Dovel Technologies

Retrieved on: 
Wednesday, September 8, 2021
Finance, Professional Services, Other Professional Services, Other Technology, Technology, Macquarie Capital, Dovel Technologies, Guidehouse, Veritas Capital, MACQUARIE CAPITAL, DOVEL TECHNOLOGIES, GUIDEHOUSE, VERITAS CAPITAL

Macquarie Capital, the advisory, capital markets and principal investment arm of Macquarie Group, today announced that it has reached a definitive agreement to sell Dovel Technologies (Dovel) to Guidehouse, a portfolio company of Veritas Capital.

Key Points: 
  • Macquarie Capital, the advisory, capital markets and principal investment arm of Macquarie Group, today announced that it has reached a definitive agreement to sell Dovel Technologies (Dovel) to Guidehouse, a portfolio company of Veritas Capital.
  • The acquisition of Dovel is the next strategic step in our journey to create the next generation global consultancy, said Scott McIntyre, Chief Executive Officer of Guidehouse.
  • Together, Dovel and Guidehouse will create a powerful, technology-driven organization, characterized by deep industry expertise and leading technical know-how.
  • Dovel Technologies (Dovel) is a trusted government partner that blends deep domain expertise with advanced technologies to help our customers solve complex problems that improve, protect, and save lives.

Cubic Announces Completion of Acquisition by Veritas Capital and Evergreen Coast Capital

Retrieved on: 
Tuesday, May 25, 2021
Defense, Technology, Other Technology, Transportation, Travel, Other Defense, Veritas Capital, Veritas, Cubic Corporation, Veritas Capital, Elliott and Evergreen, CUBIC CORPORATION, VERITAS CAPITAL, ELLIOTT AND EVERGREEN

Cubic Corporation (NYSE:CUB) (Cubic or the Company) today announced the completion of its sale to Veritas Capital (Veritas) and Evergreen Coast Capital Corporation (Evergreen), an affiliate of Elliott Investment Management L.P. (Elliott), in a transaction valued at approximately $3.0 billion, including the assumption of debt.

Key Points: 
  • Cubic Corporation (NYSE:CUB) (Cubic or the Company) today announced the completion of its sale to Veritas Capital (Veritas) and Evergreen Coast Capital Corporation (Evergreen), an affiliate of Elliott Investment Management L.P. (Elliott), in a transaction valued at approximately $3.0 billion, including the assumption of debt.
  • Cubic will remain based in San Diego, California, and the transition is expected to be seamless for customers and employees across Cubics businesses.
  • Veritas seeks to create value by strategically transforming the companies in which it invests through organic and inorganic means.
  • Evergreen Coast Capital Corporation is Elliotts private equity affiliate, which focuses on technology investing.

Veritas Capital Completes Acquisition of Perspecta

Retrieved on: 
Thursday, May 6, 2021
Finance, Banking, Professional services, White House, Federal Government, Public policy, Government, Mergers and acquisitions, Companies, Perspecta Inc., Northrop Grumman, Grumman, LinkedIn, PRSP, Peraton, Perspecta Inc., Veritas Capital, PERATON, PERSPECTA INC., VERITAS CAPITAL

In February 2021 Peraton completed its acquisition of Northrop Grumman\xe2\x80\x99s IT and mission support services business for $3.4 billion.

Key Points: 
  • In February 2021 Peraton completed its acquisition of Northrop Grumman\xe2\x80\x99s IT and mission support services business for $3.4 billion.
  • \xe2\x80\x9cThis milestone follows our recent acquisition of Northrop Grumman\xe2\x80\x99s integrated mission support and IT solutions business and further strengthens Peraton\xe2\x80\x99s leading position within the government technology market.
  • Visit Peraton.com/News and follow Peraton on LinkedIn for news and updates.\nAt Perspecta (NYSE: PRSP), we question, we seek and we solve.
  • For more information about Perspecta, visit perspecta.com.\nVeritas is a longstanding investor in companies operating at the intersection of technology and government.