The Carlyle Group has completed its acquisition of aircraft maintenance, repair and overhaul services provider StandardAero from Veritas Capital for an undisclosed amount. The deal was first announced in December 2018. Ramzi Musallam, CEO and managing partner of Veritas Capital and a 2019 Wash100 winner, said Veritas has played a key role in the gro...
The Carlyle Group (Nasdaq: CG) has agreed to purchase StandardAero from Veritas Capital for an undisclosed sum. The Washington, D.C.-based private equity firm said Tuesday it expects to close the deal by the end of the first quarter of calendar year 2019, pending regulatory approvals and other customary closing conditions. Scottsdale, Ariz.-based St...
Alion Science and Technology has agreed to buy MacAulay-Brown for an undisclosed sum to expand work with national security customers and engineering and technology offerings. Steve Schorer, Alion president and CEO and a 2018 Wash100 winner, said in a statement released Thursday the company made the acquisition in a push to “strengthen our...
Mac Curtis, Perspecta (NYSE: PRSP) president and CEO, led the ringing of the opening bell Monday at the New York Stock Exchange to mark the company’s launch after it completed its separation from DXC Technology (NYSE: DXC) and merger with Vencore and KeyPoint Government Solutions. Mike Lawrie, chairman of Perspecta™s board and DXC chairma...
Weekly Roundup June 4 – June 8, 2018 Click here to see Real-Time GovCon Sector Quotes Executive Mosaic™s Weekly GovCon Round-Up: Northrop Concludes Acquisition of Orbital ATK and Top 10 Stories Jim Garrettson, Executive Mosaic CEO Northrop Concludes Acquisition of Orbital ATK This year has seen signific...
Perspecta (NYSE: PRSP) has unveiled the members of its senior leadership team and board following its spinoff from DXC Technology (NYSE: DXC) and combination with Vencore and KeyPoint Government Solutions. Mac Curtis, president and CEO of Perspecta, will also serve on the board of the company that started trading Friday on the New Yor...
The Week’s Top GovCon News Stories View this email in your browser Weekly Roundup April 30 – May 4, 2018 Click here to see Real-Time GovCon Sector Quotes Executive Mosaic™s Weekly GovCon Round-Up: Wash100 GCW Reader™s Choice Awardees, Recent M&A Activity and Top 10 Stories Jim Garrettson, Executive Mosaic CEO Wash...
New York City-based Veritas Capital has wrapped up its acquisition of PricewaterhouseCoopers‘ U.S. public sector arm that offers strategic advisory services to federal, state and local government agencies. The private equity firm will rename the acquired business once current rebranding efforts are completed, Veritas said T...
Veritas Capital has agreed to purchase the U.S. public sector business of PwC for an undisclosed sum. Veritas said Wednesday it will rename and run the business as an independent company once it finalizes the transaction and completes regulatory approvals and other customary closing conditions. The U.S. public sector business will continue to o...
DXC Technology (NYSE: DXC) has agreed to merge its U.S. public sector business with Vencore and KeyPoint Government Solutions to establish a “top five” independent, publicly traded contractor within the government information technology services sector. All three companies expect to complete the merger by the end of March ...
