Veritas Capital to Acquire Houghton Mifflin Harcourt (HMH) for $2.8 Billion

Gainwell Technologies (Veritas) Acquires HMS Holdings Corp.

April 1, 2021

Healthcare Services

Veritas Capital-backed Gainwell Technologies completed the acquisition of HMS Holdings Corp. for $37.00 per share, taking HMS private and delisting its shares from Nasdaq. Veritas will align HMS capabilities across Gainwell (Medicaid/state-focused solutions) and Veritas-backed Cotiviti (commercial, Medicare and federal-focused solutions) to expand payment integrity, analytics and Medicaid administration offerings.

Houghton Mifflin Harcourt (HMH) Acquires Classcraft

May 11, 2023

Education

Houghton Mifflin Harcourt (HMH) has acquired Quebec-based education technology company Classcraft to add product capabilities and engineering talent aimed at improving student engagement and the customer experience. HMH — a portfolio company of Veritas Capital — will honor existing Classcraft contracts while integrating the team and technology into its K–12 learning solutions.

HMH Acquires NWEA

January 10, 2023

Education

Learning technology company Houghton Mifflin Harcourt (HMH) has acquired research and assessment organization NWEA. NWEA will operate as a division of HMH, keeping its MAP Growth assessment brand while integrating assessment insights with HMH curriculum to deliver a connected K–12 instruction and assessment solution.

Bain Capital Private Equity Acquires Guidehouse from Veritas Capital

December 14, 2023

Consulting

Bain Capital Private Equity completed the acquisition of Guidehouse from Veritas Capital for $5.3 billion. Guidehouse, a McLean, Virginia–headquartered consulting and managed services firm with more than 17,000 professionals, will continue to be led by CEO Scott McIntyre as it pursues further organic and inorganic growth under Bain.

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.

Veritas Capital Acquires Wood Mackenzie from Verisk

February 2, 2023

Data & Analytics

An affiliate of Veritas Capital has completed the acquisition of Wood Mackenzie from Verisk for $3.1 billion in cash plus up to $200 million of contingent consideration. Veritas will operate Wood Mackenzie as a standalone company to accelerate growth in energy and renewables data, analytics and subscription offerings under new CEO Mark Brinin.