Veritas to buy GE’s Embedded Systems business

By Luisa Beltran — 5 months ago

Veritas Capital said Tuesday that it has agreed to acquire the embedded technology and systems business from General Electric Co. Financial terms weren’t announced. GE’s Embedded Systems business provides open architecture electronic systems for aerospace, defense, and industrial solutions. The business is headquartered in Huntsville, Alabama and employs about 700 people globally.

Continue

Veritas Capital to buy Alion

By Luisa Beltran — 7 months ago

Veritas Capital said Thursday it has agreed to buy Alion Science and Technology Corp. Financial terms weren’t announced. Mclean, Virginia-based Alion provides engineering solutions and services that address issues relating to national defense, homeland security and other government areas. Credit Suisse and Wells Fargo advised Alion.

Continue

Veritas Capital completes StandardAero acquisition for $2.1 bln

By Iris Dorbian — 7 months ago

Veritas Capital has closed its previously announced buy of StandardAero from Dubai Aerospace Enterprise Ltd for $2.1 billion. Based in Scottsdale, Arizona, Standard Aero provides aircraft maintenance, repair and overhaul services as well as extensive services and custom solutions for business aviation, commercial aviation, military and industrial power customers.

Continue

Riverside Company exits ECN

By Luisa Beltran — 8 months ago

The Riverside Company has sold its stake in Emergency Communications Network (ECN) to Veritas Capital. Financial terms weren’t announced. Ormand Beach, Florida-based ECN provides a SaaS-based mass notification solution that allows government and commercial clients to communicate with constituents. William Blair advised on the transaction.

Continue

Veritas Capital inks buy of StandardAero

By Luisa Beltran — 9 months ago

Veritas Capital said Tuesday it agreed to buy StandardAero from Dubai Aerospace Enterprise Ltd. Financial terms weren’t announced. Scottsdale, Arizona-based Standard Aero provides aircraft maintenance, repair and overhaul services as well as extensive services and custom solutions for business aviation, commercial aviation, military and industrial power customers.

Continue

SolAero Tech to buy Alliance Spacesystems

By Luisa Beltran — 10 months ago

SolAero Technologies Corp., a portfolio company of Veritas Capital, has agreed to buy Alliance Spacesystems LLC. Financial terms weren’t announced. Los Alamitos, California-based Alliance makes and designs composite structures for spacecraft.

Continue

Bridge Growth completes CRGT acquisition

By Iris Dorbian — 1 year ago

Bridge Growth Partners has closed its previously announced buy of CRGT from Veritas Capital. No financial terms were disclosed. Based in Reston, Virginia, CRGT is a provider of custom software development and data analytics to federal government agencies.

Continue

PE-backed Truven Health to acquire Heartbeat Experts

By Iris Dorbian — 1 year ago

Truven Health Analytics, a portfolio company of Veritas Capital, has agreed to buy Heartbeat Experts. No financial terms were disclosed. Berkery, Noyes & Co was the financial advisor to Heartbeat Experts on the transaction. Heartbeat Experts is a provider of stakeholder management solutions for the life sciences sector.

Continue

Veritas Capital to sell CRGT to Bridge Growth

By Iris Dorbian — 1 year ago

Bridge Growth Partners has agreed to buy CRGT from Veritas Capital. No financial terms were disclosed for the deal, which is expected to close by the end of the year. Wells Fargo and Stifel Nicolaus provided financial advice to CRGT on the transaction while Credit Suisse advised Bridge Growth. Also, Kevin Parker of Bridge Growth will become the chairman of CRGT’s board of directors. Based in Reston, Virginia, CRGT is a provider of custom software development and data analytics to federal government agencies.

Continue

peHUB First Read

By Angela Sormani — 3 years ago

Click on this morning’s First Read to find out about Affinity’s Asia-focused $3.5 billion fund and biotech finally coming of age.

Continue