Peraton, a portfolio company of Veritas Capital, has entered into a definitive agreement to acquire Solers, Inc., a leading provider of software development and systems integration for space situational awareness, satellite ground systems and operations, cybersecurity engineering, and enterprise cloud-based solutions. Jessie Woolley-Wilsons impressive, values-driven leadership has resulted in a differentiated product offering. Veritas Capital Completes Acquisition of athenahealth. Broadcom announced its buying VMware for $61 billion. These cookies track visitors across websites and collect information to provide customized ads. This investment is being led out of Evergreen Coast Capital Corp., Elliotts Menlo Park affiliate, which focuses on technology investing. The firm is currently investing its tenth fund, with $24.4 billion of committed capital, and has over $95 billion in assets under management as of September 30, 2021. To which I say: another bubble goes to bed! Contact:RH Strategic for DreamBox Learning DreamBoxPR@rhstrategic.com, Elliott Investment Management L.P.Casey FriedmancFriedman@elliottmgmt.com212-278-1780, TPG/The Rise FundsAri Cohenmedia@tpg.com415-743-1550. [emailprotected] Odyssey Investment Partners, LLC (Odyssey) has entered into an agreement to acquire CPI International Holding Corp. (CPI) from affiliates of Veritas Capital (Veritas). DXC Technology (NYSE: DXC), the worlds leading independent, end-to-end IT services company, today announced that its board of directors has unanimously approved a plan to combine its U.S. Public Sector (USPS) business with Vencore Holding Corporation and KeyPoint Government Solutions to form a separate, independent publicly traded company to serve U.S. public sector clients. Look at other 50 related and similar funds, Top 20 VC funds in North America with the biggest sum of funding rounds in Consumer Software industry over the recent years, Top 20 VC funds that took part in the most Private Equity funding rounds in Software Engineering industry over the recent years, Top 20 VC funds with the biggest sum of Private Equity funding rounds in Software Engineering industry over the recent years, *-Our recommendation and outreach system saves up to 200 hours of founder time on fundraising for seed and series A+ startups. ECN Acquires MIR3, Extends SaaS-Based Unified Critical Communications Platform to Enterprise Clients. Veritas Capital Names Stu Shea CEO of Former Harris Corp Government Services Business. The venture was found Peraton today announced that the acquisition of Strategic Resources International has been completed. WebEvergreen Coast Capitals most common sectors for investment are software (34%) and education (17%) . Evergreen Coast Capital is a private equity firm that operates as a subsidiary of Elliot Management. Broadcom bid $61 billion VMware. The Companys athenaOne cloud platform addresses the critical aspects of a physicians practice with modules spanning patient engagement, revenue cycle, telehealth, payments, population health, and value-based care management. Evergreen Coast Capital has 1 team member, including current Senior Managing Director, Isaac Kim. LinkedIn sets this cookie from LinkedIn share buttons and ad tags to recognize browser ID. Veritas Capital Closes Sixth Fund with $3.55 Billion of Commitments. DXC Technology (NYSE: DXC) today announced that it has entered into a definitive agreement to sell its U.S. State and Local Health and Human Services business to Veritas Capital, the leading investor in government and healthcare technology businesses, for $5.0 billion in cash. This represents our second time partnering with Charles, Dilip and their team successfully, and we are thankful to ASG for their hard work in transforming the company into what it is today. DreamBox is a terrific case study for The Rise Funds work in the education sector, added John Rogers, Partner and Education Sector Lead for The Rise Funds. LinkedIn sets this cookie for LinkedIn Ads ID syncing. About TIBCO TIBCO Software Inc. unlocks the potential of real Long-term treasury rates are now 4%, a number that was quite common for decades prior to 2008. The company is a global provider of asset-related services to the power, industrial, oil and gas, commercial and government markets. Veritas Capital, a longstanding investor in companies operating at the intersection of technology and government, today announced the successful final close of its Veritas Capital Credit Opportunities Fund with $400 million of aggregate committed capital. As previously announced, the company will soon launch its new brand. The best way to describe the past year might be chaos a mixture of big deals, geopolitical struggles, war, collapsing momentum tech stocks, and a return to normalcy all at the same time. Which types of acquisition does this organization make most frequently. Chinese supply-chain woes hit large OEMs. For example, Zoom now trades at pre-pandemic prices despite how having more than five times as a much revenue and 10 million more subscribers. Peraton Corp. today completed the sale of its systems engineering, integration, and support services business, including the Peraton assets and subsidiaries that relate to this business, to CTFV Acquisition Corp., a portfolio company of The Veritas Capital Vantage Fund, L.P. Peraton, a Veritas Capital Portfolio Company, Acquires the as-a-Service Solutions Segment of ViON Corporation. Veritas Capital Completes Acquisition of Wood Mackenzie. Perspecta Inc. (NYSE: PRSP), a leading U.S. government services provider, today announced that it has entered into a definitive agreement under which it will be acquired by Peraton, a portfolio company of leading private investment firm Veritas Capital, in an all-cash transaction valued at $7.1 billion. In thesame time you shall not use vulgar, abusive or defamatory language as well as expresshatred or call to violence or cruelty. On the economic front, the dominant theme for 2023 was the rapid hike in interest rates, which reset growth expectations and the valuations of tech stocks. Leveraging technology to make a positive impact across vitally important areas, such as healthcare, education, and national security, is core to Veritas. This investment is being led by Evergreen Coast Capital, the technology-focused private equity affiliate of Elliott, based in Menlo Park, CA. The Value-Based Care Solutions Group, recently acquired by Veritas Capital from GE Healthcare, today announced its rebranding to Virence Health Technologies. Contacts Media: For athenahealth, Inc. Submitters are 7x more likely to receive a qualified connection. Houghton Mifflin Harcourt Company, a learning technology company, today announced that it has completed its previously announced sale to certain affiliates of Veritas Capital, a leading private equity investment firm with a focus on technology companies. Cambium Learning Group adds Rosetta Stone to its portfolio of digital-centric learning brands. Where was Cisco? 203-666-7687, For Bain Capital Veritas Capital today announced that it has completed fundraising for The Veritas Capital Vantage Fund. I want to personally thank Isaac and his team for their support, and I am excited for ASG to enter its next chapter as a part of Rocket Software," said Charles Sansbury, CEO of ASG Technologies. Veritas Capital Fund Management, L.L.C. Which industries has this organization most actively invested in? Cisco was heavily rumored to be making a deal all year long two names that frequently came up included publicly traded Splunk as well as recent IPO Hashicorp. Founded in 2003, LogMeIn is a pioneer in remote work technologies and the maker of market-defining products like LastPass, GoToConnect, GoToMeeting, GoToMyPC, Rescue and its namesake LogMeIn remote access and remote management products. Huntington Ingalls Industries (NYSE:HII) announced today that it has entered into a definitive agreement to acquire Alion Science and Technology for $1.65 billion in cash from Veritas Capital, subject to customary adjustments. Peraton has acquired the as-a-service (aaS) business of ViON Corporation, enhancing its offerings in the design, delivery and governance of critical IT infrastructure for its government customers. Emergency Communications Network Acquires Send Word Now; Rebranded as OnSolve. Investor Contact: Rob Peraton Completes Acquisition of Strategic Resources International. The firm employs a staff of 499 people, including nearly half dedicated to portfolio management and analysis, trading and research, in its Florida headquarters and affiliated offices elsewhere. Former Secretary of Education and DreamBox board member Arne Duncan added, It has been an incredible journey over the past few years and the company is emerging even stronger after the pandemic shutdowns. Verisk Analytics, Inc., Announces Closing of Healthcare Services Business Sale. It's not a big deal, folks. All rights reserved. A pioneer in remote work technology and a driving force behind todays work-from-anywhere movement, LogMeIn has become one of the worlds largest SaaS companies with tens of millions of active users, more than 3,500 global employees, over $1.3 billion in annual revenue and approximately 2 million customers worldwide who use its software as an essential part of their daily lives. You post comments at your own choice and risk. WebSince its launch over 20 years ago, Francisco Partners has raised over $24 billion in committed capital and invested in more than 300 technology companies, making it one of Evergreen Coast Capital has made 4 investments. Founded in 2016 by TPG in partnership with Bono and Jeff Skoll, The Rise Funds invest behind impact entrepreneurs and growth-stage, high potential, mission-driven companies that are focused on achieving the United Nations Sustainable Development Goals. Closely watched cloud data company Cohesity never made it public . Veritas Capital, a leading technology and government investment firm, today announced that an affiliate of Veritas has completed the acquisition of Sequa Corporation, parent company of Chromalloy, from funds managed by global investment firm Carlyle. Among these investments has been partnering with dynamic healthcare companies dedicated to quality, access, innovation and improved patient outcomes (to learn more please visit https://www.baincapital.com/healthcare/), and with scale and disruptive technology businesses where the firms in depth knowledge of fundamental trends, insight into evolving customer dynamics, and vertical market expertise helps accelerate growth. Dr. Bahman Atefi, who has served as President and CEO since 2002, will assume the role of Vice Chairman of the board of directors going forward. The NSA re-evaluated and picked AWS again. February 08, 2021 . Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. Cubic Corporation (NYSE:CUB) today announced the completion of its sale to Veritas Capital and Evergreen Coast Capital Corporation, an affiliate of Elliott Investment Management L.P., in a transaction valued at approximately $3.0 billion, including the assumption of debt. Anthology Completes Merger with Blackboard, Launches Next Chapter in EdTech. 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. R. Scott Raynovich is the Founder and Chief Analyst at Futuriom.com Verisk Analytics, Inc. (Nasdaq:VRSK), a leading data analytics provider, announced the closing of the sale of its healthcare services business to Veritas Capital. Veritas is a longstanding technology investor with a focus on companies operating at the intersection of technology and government. Citrix was sold for $16.5 billion. 22 November 2021. athenahealth, Inc. (athenahealth or the Company), a leading provider of cloud-based enterprise software solutions for medical groups and health systems nationwide, today announced it has entered into a definitive agreement to be jointly acquired by affiliates of Bain Capital and Hellman & Friedman for $17 billion. 2019: Six deals. Veritas Capital-backed Guidehouse to Acquire Navigant Consulting, Inc. for $1.1 Billion. The Rise Funds deliver capabilities and expertise across a wide variety of sectors and countries at scale, focusing on opportunities in climate and conservation, education, food and agriculture, financial technology, healthcare, and technology. Evergreen Coast Capital Corp. is Elliotts Menlo Park affiliate, which focuses on technology investing. is a registered investment adviser. AMETEK, Inc. (NYSE: AME) announced that it has entered into a definitive agreement to acquire Abaco Systems, Inc., a leading provider of mission critical embedded computing systems, from Veritas Capital in an all-cash transaction valued at $1.35 billion. Combination of two industry leaders with highly complementary capabilities brings the potential to transform the K-12 education experience for teachers and students. Cambium Learning Group, Inc. (NASDAQ: ABCD), a leading educational technology solutions company, announced today that it has entered into a definitive merger agreement with certain affiliates of Veritas Capital for the acquisition of Cambium Learning Group, Inc. Former GE Healthcare Value-Based Care Solutions Group Rebrands as Virence Health Technologies. Contacts Media: For athenahealth, Inc. 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