Peraton (Veritas Capital) Acquires Perspecta

Peraton (Veritas Capital) Acquires Northrop Grumman Federal IT and Mission Support Services Business

December 8, 2020

IT Services

An affiliate of Veritas Capital completed the $3.4 billion cash acquisition of Northrop Grumman's federal IT and mission support services business. The business, which generated approximately $2.3 billion in revenue in 2020, will be combined with Veritas portfolio company Peraton to create a scaled government mission capability integrator serving defense, intelligence, civil and health agencies.

Peraton to Acquire Solers, Inc.

June 17, 2019

Aerospace & Defense

Peraton, a Veritas Capital portfolio company, has entered into a definitive agreement to acquire Solers, Inc., a provider of software development and systems integration for space situational awareness, satellite ground systems, cybersecurity engineering, and cloud solutions. The acquisition expands Peraton's space and communications capabilities and strengthens its mission-critical offerings to defense, intelligence and civilian federal customers.

Peraton Acquires ViON's as-a-Service (aaS) Business

September 22, 2021

Cloud & SaaS

Peraton, a Veritas Capital portfolio company, has acquired the as-a-service (aaS) solutions segment of ViON Corporation in a carve-out transaction. The deal transfers staff, cleared employees, and government contracts to Peraton to expand its on-prem cloud-like infrastructure and managed IT capabilities for federal, DoD, and state customers.

5th Century Partners Acquires Perspecta

February 23, 2023

Healthcare Services

5th Century Partners, a Chicago-based private investment firm, has acquired Perspecta, a Philadelphia-area provider of physician directories and provider data management solutions for workers' compensation, health plans and third-party administrators. The investment will support Perspecta's growth plans — including national sales expansion, product development and enhanced go-to-market capabilities — while management (including CEO Howard Koenig and COO April Stiles) remains in leadership and retains equity.

Cohesity Acquires Veritas' Data Protection Business to Form $7B Company

February 8, 2024

Cybersecurity

Cohesity has combined with Veritas Technologies' enterprise data protection business to create a combined data-protection leader valued at roughly $7 billion. The transaction—funded by a Series H led by Haveli Investments with participation from multiple existing and new investors—scales Cohesity's AI-powered data security and management portfolio, expands workload support (including Veritas NetBackup and appliances), and positions Sanjay Poonen to lead the combined company.

Perspecta Inc. Acquires Knight Point Systems for $250M

August 1, 2019

IT Services

Perspecta Inc. completed the acquisition of Knight Point Systems, LLC for approximately $250 million, strengthening Perspecta’s cloud, cybersecurity, digital transformation and enterprise IT capabilities for U.S. government customers. The deal adds Knight Point’s managed services, DevSecOps and cyber offerings to Perspecta’s portfolio and is expected to be accretive to fiscal 2020 adjusted EPS.