Veritas Capital and Evergreen Coast Capital Acquire Cubic Corporation

Veritas Capital to Acquire Trinity Consultants

August 5, 2026

Professional Services

Veritas Capital will acquire Trinity Consultants from Oak Hill Capital pursuant to a definitive agreement. Oak Hill will reinvest and remain a minority shareholder, while Trinity’s management team and broader employees will continue to hold meaningful ownership. The transaction is expected to close in the fourth quarter of 2026, subject to customary conditions and regulatory approvals.

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.

Clayton, Dubilier & Rice Acquires Veritiv Corporation

August 7, 2023

Packaging

An affiliate of private equity firm Clayton, Dubilier & Rice (CD&R) has completed the acquisition of Veritiv Corporation for $170.00 per share, valuing the company at approximately $2.6 billion. Veritiv, a leading North American distributor of packaging, JanSan/hygiene and print products headquartered in Atlanta, will become a privately held company under CD&R to pursue accelerated organic and inorganic growth and operational improvements.

Veritas Capital Affiliate to Acquire CAES Space Systems

October 13, 2022

Aerospace & Defense

Veritas Capital announced that an affiliate has entered into a definitive agreement to acquire CAES Space Systems from CAES. The company supplies high-reliability, radiation-hardened electronic solutions for space, defense, healthcare, and industrial applications, and the transaction is expected to close in Q1 2023 subject to customary conditions and approvals.

Vista Equity Partners and Evergreen Coast Capital Acquire Citrix Systems and Combine with TIBCO Software

September 30, 2022

Software

Vista Equity Partners and Evergreen Coast Capital (an affiliate of Elliott Investment Management) agreed to acquire Citrix Systems in an all-cash transaction valued at $16.5 billion, including assumption of Citrix debt. The deal includes combining Citrix with Vista portfolio company TIBCO Software to create a large global enterprise software and data/analytics platform.

Veritas Capital and Evergreen Coast Capital Acquire athenahealth

February 11, 2019

Healthcare Services

An affiliate of Veritas Capital and Evergreen Coast Capital (Elliott affiliate) completed the acquisition of athenahealth, Inc. for approximately $5.7 billion in cash. The deal combines athenahealth with Veritas-owned Virence Health under the athenahealth brand, creating a larger healthcare IT provider headquartered in Watertown, Massachusetts, led by Bob Segert.