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. 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. Veritas Capital-Backed Gainwell Completes Acquisition of HMS. The Elliott funds investors include pension plans, sovereign wealth funds, endowments, foundations, funds-of-funds, high net worth individuals and families, and Broadcom bid $61 billion VMware. Verscend Completes Acquisition of Commercial Health Insurance Payer Products from General Dynamics Information Technology. Leveraging technology to make a positive impact across vitally important areas, such as healthcare, education, and national security, is core to Veritas. athenahealth Enters Definitive Agreement to be Acquired by Veritas Capital For $135 Per Share in Cash. Its flagship fund, Elliott Associates, L.P., was About DreamBox LearningDreamBox Learning, the leading K-12 education technology provider, is radically transforming the way the world learns. About Veritas Capital AWS and Microsoft went head to head in the original bidding in 2020, with AWS winning. We shall not bear anyliability in respect of such comments. The company is headquartered in Boston, Massachusetts with additional locations in North America, South America, Europe, Asia and Australia. About Bain Capital Transaction Caps Record Year of Growth, Advancing Mathematics & Reading for Six Million Students. ECN Acquires MIR3, Extends SaaS-Based Unified Critical Communications Platform to Enterprise Clients. 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. Submitters are 7x more likely to receive a qualified connection. About Elliott and Evergreen Elliott Investment Management L.P. manages approximately $51.5 billion of assets. Veritas Capital Completes Acquisition of Perspecta. Get the full list, Morningstar Institutional Equity Research. SOURCE Elliott Investment Management L.P. Cision Distribution 888-776-0942 Veritas Capital, a leading private equity firm, announced today that it has named industry veteran, Stu Shea, Chief Executive Officer of MHVC Acquisition Corp. (MHVC or the Company). 1. Veritas Capital-backed Guidehouse Completes Acquisition of Navigant Consulting, Inc. Guidehouse, a portfolio company of Veritas Capital and leading provider of management consulting services to government clients, today announced the completion of its acquisition of Navigant Consulting, Inc. Veritas Capital Named Most Consistently High-Performing Buyout Fund Manager by Preqin. Veritas Capital, a leading private equity investment firm, announced today that it has completed a $3.55 billion fundraise for Veritas Capital Fund VI. 917-375-5652, For Veritas Capital MENLO PARK, Calif., April 12, 2021 /PRNewswire/ --Evergreen Coast Capital ("Evergreen"), the technology-focused Menlo Park affiliate of Elliott Investment Management L.P., today announced its support for Rocket Software's agreement to acquire Evergreen portfolio company ASG Technologies ("ASG"). our sites and services. Coveo designs intelligent enterprise search and predictive insights platforms for businesses. The Elliott funds investors include pension plans, sovereign wealth funds, endowments, foundations, funds-of-funds, high net worth individuals and families, and With the DreamBox Math app, we've simplified your student learning experience. 3. Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. LinkedIn sets this cookie to store performed actions on the website. LinkedIn sets this cookie for LinkedIn Ads ID syncing. Veritas Capital to Sell BeyondTrust to Bomgar. Veritas Capital to Acquire Revenue-Cycle, Ambulatory Care and Workforce Management Software Unit from GE Healthcare for $1 Billion. Veritas Capital Fund Management, L.L.C. Veritas Capital, a leading technology and government investment firm, announced today that an affiliate of Veritas has entered into a definitive agreement to acquire CAES Space Systems, a leading independent supplier of high-reliability electronic solutions for space, defense, healthcare and industrial applications, from CAES. As the only dual-discipline solution rated Strong by Johns Hopkins EvidenceforESSA.org in both mathematics and reading, DreamBox uniquely provides schools high-quality adaptive learning solutions independently proven to accelerate student growth. Veritas Capital Closes Sixth Fund with $3.55 Billion of Commitments. DreamBox offers schools the only dual-discipline software solution rated Strong by Johns Hopkins EvidenceforESSA.org in both mathematics and reading. Veritas Capital Completes Acquisition of athenahealth. For fund there is no match between the country of its foundation and the country of its the most frequent investments - Canada.Besides them, we counted 3 critical employees of this fund in our database.The fund is constantly included in less than 2 investment rounds annually. The purchase from Veritas Capital and Evergreen Coast Capital affirms athenahealths position as the largest and most innovative provider of cloud-based electronic medical record and physician practice solutions across the healthcare continuum in the United States. "Evergreen equipped ASG with the right resources to help us transform our business over the past few years. This investment is being led by Evergreen Coast Capital, the technology-focused private equity affiliate of Elliott, based in Menlo Park, CA.Investor Contact:Rob BradleyLogMeIn, Inc.781-897-1301rbradley@LogMeIn.com, Media Contacts: Craig VerColen LogMeIn, Inc. 781-897-0696 Press@LogMeIn.com, Francisco Partners John Moore 215-657-4971 press@franciscopartners.com, Elliott and Evergreen Stephen Spruiell 212-478-2017 sspruiell@elliottmgmt.com, Plus500. MORE FOR YOU YouTube sets this cookie via embedded youtube-videos and registers anonymous statistical data. In January 2022, collaborative software and SaaS provider Citrix was taken private by investment firms Vista Equity Partners and Evergreen Coast Capital Corp. in an all-cash deal that will combine Citrix with data management and analytics firm TIBCO Software, which is owned by Vista. But in recent years its taken its foot off the gas, and this year it slowed to a crawl. Guidehouse, a portfolio company of Veritas Capital, announced today that it has entered into a definitive agreement to acquire Dovel Technologies ("Dovel"), a portfolio company of Macquarie Capital. This investment is being led out of Evergreen Coast Capital, Elliott's Menlo Park affiliate, which focuses on technology investing. Copyright 2023 CB Information Services, Inc. All rights reserved. About The Rise FundsThe Rise Funds are a core pillar of TPG Rise, TPGs global impact investing platform. Veritas Capital, a leading private equity investment firm, today announced that an affiliate of Veritas has signed a definitive agreement to acquire the Capital Services business of CB&I (NYSE:CBI) for $755 million. Business Wire Amazon Plummets, Broadcom Buys VMware Alphabets (Nasdaq: GOOGL) Google LLC reportedly beat out Microsoft in its bid for security services provider Mandiant in a cash deal that closed in September. While commenting, you are under the rule of our websites terms of use and privacypolicy. R. Scott Raynovich is the Founder and Chief Analyst at Futuriom.com Our employees, customers, and partners are the source of our success and inspiration as we create a thriving ecosystem that delivers accessible, high-quality, and sustainable healthcare for all, said Bob Segert, chairman and chief executive officer of athenahealth, who will continue to lead the Company along with the current management team. Guidehouse and Grant Thornton LLP today announced they have signed a definitive agreement under which Guidehouse, a portfolio company of Veritas Capital, will acquire Grant Thorntons Public Sector Advisory practice. athenahealth, Inc. today announced it has entered into a definitive agreement to be jointly acquired by affiliates of Bain Capital and Hellman & Friedman for $17 billion. Veritas Capital Completes Acquisition of Capital Services Business from CB&I. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. We are already tracking some upcoming cloud tech trends to watch in 2023, which we'll be busy telling you about in the next month. But opting out of some of these cookies may have an effect on your browsing experience. Since 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 the most active and longstanding investors in the technology industry. Surprisingly, 2022 was filled with a bunch of deals despite the gloomy tone. Cambium Learning Group, Inc., a leading provider in education software and portfolio company of Veritas Capital, today announced that it has completed its acquisition of AIR Assessment, the student assessment division of the American Institutes for Research. Save this fund for later to form your own custom list of funds, This summary is composed by our algorithm based on the analysis of the deals. We are confident in ASG's ability to create additional value as part of Rocket Software," said Isaac Kim, Managing Director of Evergreen Coast Capital. We look forward to partnering with the teams at DreamBox and The Rise Fund to make a significant impact in education, said Isaac Kim, Managing Director at Evergreen Coast Capital Corp. DreamBox demonstrates the power of those business models in which social impact and financial performance are colinear. 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. DXC Technology to Sell U.S. State and Local Health and Human Services Business to Veritas Capital for $5.0 Billion. The _ga cookie, installed by Google Analytics, calculates visitor, session and campaign data and also keeps track of site usage for the site's analytics report. Top Cloud Deals Its flagship fund, Elliott Associates, L.P., was founded in 1977, making it one of the oldest funds under continuous management. Lets take a look at what got done: Cambium Learning Group Completes Acquisition of Rosetta Stone. KRG Capital Portfolio Company PAS Technologies Enters into Agreement to Be Acquired by StandardAero Holdings, Inc. KRG Capital Partners (KRG), a Denver-based buyout firm, has entered into a merger agreement to sell PAS International Holdings, Inc. (PAS or the Company), a leading provider of OEM and aftermarket aerospace and industrial gas turbine (IGT) components as well as oil & gas valve components, to StandardAero Holdings, Inc. (StandardAero). Veritas Capital, a longstanding investor in companies operating at the intersection of technology and government, today announced that an affiliate of Veritas has signed a definitive agreement to acquire the federal IT and mission support services business of Northrop Grumman (NYSE: NOC) for $3.4 billion in cash. 2019: Six deals. The combined companies Steve Schorer Appointed President and Chief Executive Officer of Alion Science and Technology. Alex Stanton / Charlyn Lusk Evergreen has a strong history of impact investing in education. Emergency Communications Network (ECN), a leading Software-as-a-Service (SaaS) provider of critical event management and emergency notification systems, today announced it has acquired Send Word Now, a global leader in enterprise notification solutions. "We are pleased that ASG's business transformation over the last few years has culminated with this announcement. Rosetta Stone Inc. (NYSE:RST), a world leader in technology-based learning solutions, today announced that, following a comprehensive process, it has entered into a definitive agreement to be acquired by Cambium Learning Group, a leading provider of digital education solutions and a portfolio company of Veritas Capital. Veritas Capital to Acquire the Federal IT and Mission Support Services Business of Northrop Grumman. Facebook sets this cookie to show relevant advertisements to users by tracking user behaviour across the web, on sites that have Facebook pixel or Facebook social plugin. 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. We're returning to normal. Contacts Media: For athenahealth, Inc. 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