Veritas Capital

Veritas Capital is a private equity investment firm based in New York, established in 1992. The firm specializes in investing in technology companies across various sectors, including software, aerospace and defense, communications, education, energy, national security, healthcare, and government services. Veritas focuses on companies that provide essential products and services to governments globally. Since its inception, it has acted as the lead investor in transactions exceeding $8 billion in value and currently manages assets totaling over $8.8 billion. As a Registered Investment Adviser, Veritas Capital is committed to identifying and nurturing businesses that play a critical role in national security and public service.

Alexander Appel

Investment Professional

Sarah Banbury

Managing Director, Human Capital and Office Operations

Mark Basile

Managing Director

Evan Brovender

Senior Associate

Charles Caffray

Principal, Capital Formation

Ashish Chandarana

Partner

Alex Chapin

Vice President

Megan Chung

Associate

Rick Cosgrove

Private Equity Principal

Brendan Dillon

Partner, Head of Capital Formation and Co-Head of Credit and Capital Markets

James Dimitri

Partner

Roshan Dutta

Senior Associate

Jonathan Finkel

Associate, Credit

Brian Gorczynski

Partner

Dejan Ilic

Vice President

Sumit Khatod

Principal

Alexander Kirschenbauer

Associate

Aneal Krishnan

Partner

Alice Li

Vice President

Jay Longosz

Vice President

Ramzi Musallam

CEO

Bahaa Naamani

Principal

Evelyn Ni

Managing Director

Laura Pettinelli JD

Vice President, Capital Markets

Benjamin Polk

Partner

Joel Posner

Vice President

Connor Riedell

Associate, Credit

Roehl, Carter

Associate

Clark Ryan

Managing Director

Rushin Shah

Managing Director, Credit

Ted Shanahan

Vice President

Erica Son

Principal

Daniel Sugar

Partner

Patrick Sullivan

Associate

Thomas Walker

Associate

Matthew Weinsier

Vice President

Jeffrey Wu

Partner

38 past transactions

NCR Voyix - Digital Banking Business

Acquisition in 2024
NCR Voyix - Digital Banking Business offers digital banking services.

Cotiviti

Private Equity Round in 2024
Cotiviti is a company that specializes in analytics-driven payment accuracy and spend management solutions primarily for the healthcare sector. Operating in the United States, Canada, the United Kingdom, and India, Cotiviti's services are divided into two main segments: Healthcare and Global Retail and Other. The company provides prospective claims accuracy solutions that help healthcare clients identify discrepancies immediately after claims are adjudicated, as well as retrospective solutions that address payment inaccuracies post-claim payment. Additionally, Cotiviti offers analytics and support services that include anti-fraud, waste, and abuse analytics, which help detect irregularities in coding and billing practices. Founded in 1979 and headquartered in Atlanta, Georgia, Cotiviti aims to enhance payment accuracy and improve the economics of healthcare for various stakeholders, including payers, providers, and employers.

Syneos Health

Private Equity Round in 2023
Syneos Health® (Nasdaq:SYNH) is the only fully integrated biopharmaceutical solutions organization. The Company, including a Contract Research Organization (CRO) and Contract Commercial Organization (CCO), is purpose-built to accelerate customer performance to address modern market realities. We bring together approximately 24,000 clinical and commercial minds with the ability to support customers in more than 110 countries. Together we share insights, use the latest technologies and apply advanced business practices to speed our customers’ delivery of important therapies to patients.

Wood Mackenzie

Acquisition in 2022
Wood Mackenzie is a research and consultancy firm specializing in the energy, chemicals, metals, and mining industries. Founded in 1973 and headquartered in Edinburgh, United Kingdom, the company delivers objective analysis and advice on assets, companies, and markets. Its services encompass commercial analysis, strategic advisory, multi-client studies, market analysis, and corporate and competitor assessments. By providing comprehensive insights, Wood Mackenzie empowers clients to make informed strategic decisions in the natural resources sector.

CAES

Acquisition in 2022
CAES is a manufacturer of advanced electronic solutions that support critical missions in the aerospace and defense sectors. The company specializes in a variety of products, including antennas, missile flight instrumentation, precision positioning systems, and radio frequency (RF) assemblies and subsystems. Additionally, CAES provides RF microwave components, focusing on delivering reliable signal chain solutions from the aperture to digital conversion. Through its extensive product offerings, CAES plays a vital role in enhancing the capabilities of defense and aerospace applications.

sequa

Acquisition in 2022
sequa is a non profit global development organization in the private sector.

Chromalloy

Acquisition in 2022
Chromalloy offers services in gas and turbine engine components for commercial airlines, the military, and energy companies.

Coronis Health

Acquisition in 2022
Coronis Health is a healthcare revenue cycle management company that provides specialized solutions for a variety of healthcare practices and facilities, including primary and specialty physician practices, surgery centers, hospitals, and emergency medical services. The company employs a data-driven approach combined with personalized service to help clients manage their billing processes and accounts receivable effectively. By prioritizing the accuracy and timeliness of their operations, Coronis Health enables healthcare providers to focus on delivering quality patient care while maintaining financial independence and achieving financial success. Their services are designed to safeguard and optimize the financial aspects of healthcare practices, ensuring that clients can navigate the complexities of revenue management with confidence.

Houghton Mifflin Harcourt

Acquisition in 2022
Houghton Mifflin Harcourt is a global learning company specialized in pre-K–12 education content, services, and technology solutions. It develops and delivers interactive, results-driven learning solutions that advance teacher effectiveness and student achievement. Through curricula and technology innovation, Houghton Mifflin Harcourt collaborates with school districts, administrators, teachers, parents, and students. The company also publishes an extensive line of reference works and award-winning literature for adults and young readers. Houghton Mifflin Harcourt serves more than 50 million students in over 150 countries worldwide, while its award-winning children’s books, novels, non-fiction, and reference titles are enjoyed by readers throughout the world. The company was founded in 1864 and is headquartered in Boston, M.A.

Finalsite

Acquisition in 2021
Finalsite is a marketing and communications platform that serves over 7,000 educational institutions worldwide, including schools and school districts across 119 countries. Headquartered in Glastonbury, Connecticut, the company provides a comprehensive suite of services designed to enhance how schools connect with their communities, recruit students and staff, and manage fundraising efforts. Its offerings include award-winning website designs, a robust content management system, mass communication tools, and enrollment management solutions, along with innovative inbound marketing tools and data integration services. Finalsite also emphasizes data privacy, accessibility, hosting, and security, ensuring that its clients can navigate the complexities of modern educational demands. With a remote workforce spread across the U.S. and other regions, Finalsite is dedicated to helping educational institutions engage effectively and efficiently with their stakeholders.

Cubic Corporation

Acquisition in 2021
Cubic Corporation is an international company that specializes in designing, integrating, and operating systems and solutions for the mass transit and global defense markets. The company operates through three primary segments: Cubic Transportation Systems (CTS), Cubic Mission Solutions (CMS), and Cubic Global Defense Systems (CGD). CTS focuses on providing automated fare payment systems and revenue management technologies for transportation agencies, enhancing the efficiency of mass transit services. CMS delivers networked solutions for command, control, communications, and intelligence for defense and security operations. Meanwhile, CGD Systems offers comprehensive training solutions, including live, virtual, and constructive environments for the U.S. Department of Defense and allied nations. Established in 1949 and headquartered in San Diego, California, Cubic Corporation is committed to innovation and customer satisfaction across its diverse portfolio of services.

DXC Technology - State & Local HHS

Acquisition in 2020
DXC Technology’s U.S. State and Local Health and Human Services business is an end-to-end provider of technology enabled, mission critical solutions that are fundamental to the administration and operations of health programs throughout the United States. Known for its reliable delivery of highly complex systems for public sector clients, the business facilitates performance efficiencies and improved outcomes for a wide range of stakeholders in the healthcare ecosystem.

Edcentric

Acquisition in 2020
Edcentric is a software-as-a-service (SaaS) provider based in Diamond Bar, California, specializing in engagement, planning, assessment, and compliance solutions tailored for higher education institutions. Founded in 2014, the company serves over 1,400 institutions, offering products that enhance the management of student activities and evaluate faculty performance, course effectiveness, and academic compliance. Edcentric's software supports institutions at both the enterprise and departmental levels, facilitating a comprehensive approach to educational management and oversight.

Anthology

Acquisition in 2020
Anthology is a prominent provider of technology solutions tailored for higher education institutions. The company focuses on delivering software, strategies, and services that enhance academic engagement and operational efficiency. Its flagship product suite, CampusNexus®, encompasses comprehensive solutions for student management, customer relationship management, finance, human resources, and payroll. By partnering with over 2,000 campuses across 20 countries, Anthology aims to transform the educational landscape, enabling institutions to improve student success and streamline administrative processes. The company's offerings empower staff and institutional leaders with actionable insights, facilitating a supportive environment for students on their educational journeys.

Athenahealth

Acquisition in 2019
Athenahealth is a leading provider of internet-based business services for physician practices. The Company's service offerings are based on proprietary web-native practice management and electronic health record (EHR) software, a continuously updated payer knowledge-base, integrated back-office service operations, and live patient communications services.

Cambium Learning Group

Acquisition in 2018
Cambium Learning® Group is the educational company focused primarily on serving the needs of at-risk and special student populations.

Guidehouse

Acquisition in 2018
Guidehouse is a management consulting firm based in McLean, Virginia, established in 2018. It provides a wide range of consulting services to both public and commercial sectors, focusing on industries such as defense, energy, financial services, healthcare, and government. The firm specializes in addressing complex challenges through its expertise in management, technology, and risk consulting, offering solutions in areas like financial management, audit preparation, data analytics, and operational strategy. Guidehouse assists clients in navigating transformational change, technology-driven innovation, and regulatory pressures by delivering integrated services that include strategic growth, mission enablement, and sustainability initiatives. With a commitment to helping organizations prepare for future growth and success, Guidehouse aims to create scalable and innovative solutions tailored to the specific needs of its clients.

API Healthcare

Acquisition in 2018
API Healthcare Corporation specializes in developing labor resource management software tailored for healthcare organizations across the United States. Founded in 1982 and headquartered in Hartford, Wisconsin, the company provides a comprehensive suite of solutions, including time and attendance, staffing and scheduling, payroll, workflow, productivity management, education tracking, and access control software. One of its key offerings is the Payrollmation system, which automates payroll policies specifically for healthcare entities. Additionally, API Healthcare features the Expert Nurse Estimation Patient Classification System, an automated tool designed to assess clinical workloads and determine the necessary hours and skill mix to adequately address patient needs. Initially established as api software, Inc., the company rebranded to API Healthcare Corporation in February 2009.

PwC - U.S. Public Sector business

Acquisition in 2018
PwC - U.S. Public Sector business offers consulting services to federal, state and local governments, along with multilateral government agencies.

Peraton

Acquisition in 2017
Peraton is a leading provider of mission capability integration and transformative information technology services, primarily serving federal government agencies. The company specializes in addressing complex national security challenges across various sectors, including intelligence, defense, space, cyber, healthcare, and citizen security. Peraton delivers a range of services such as software systems development, cyber solutions, modeling and simulation, mission operations, and signal intelligence. Its expertise enables the protection of critical space assets and enhances border security, ensuring the safety and security of citizens. With a commitment to innovation, Peraton's workforce tackles some of the toughest problems in national security, making it a trusted partner to essential government entities.

CB&I

Acquisition in 2017
CB&I is a prominent provider of energy infrastructure and government services, leveraging over a century of experience and a workforce of approximately 50,000 employees. The company specializes in a wide array of services, including design, engineering, construction, fabrication, maintenance, and environmental solutions. Its offerings encompass power and industrial maintenance, turnarounds and outages, as well as decommissioning and decontamination of government facilities. Additionally, CB&I provides environmental engineering and consulting, energy efficiency solutions, and program management services for federal, state, and local governments, as well as private sector clients. With a strong commitment to safety and quality, CB&I aims to deliver timely and cost-effective solutions that meet customer needs while enhancing the quality of life globally.

Verscend Technologies

Acquisition in 2016
Verscend Technologies is transforming the business of healthcare by providing data services, analytics, and advanced technologies that answer the industry’s most complex challenges. With a focus on reducing risk across all domains of healthcare, Verscend Technologies Health’s broad solution suite is designed to help health plans employers, providers, and other risk bearing entities better understand the health and risk of their populations to improve quality, reduce costs, ensure payment accuracy, and support compliance. From effective population health management, quality reporting, revenue accuracy, and chart retrieval to tackling fraud, waste, and abuse, Verscend Technologies is committed to answering the unique challenges of its clients. .

OnSolve

Acquisition in 2015
OnSolve, LLC is a provider of Software-as-a-Service critical event management and emergency notification solutions, founded in 1996 and based in Ormond Beach, Florida. The company, formerly known as Emergency Communications Network, LLC, offers a range of services including CodeRED, which enables clients to send alerts through various channels such as phone calls, text messages, emails, and social media. OnSolve's solutions are tailored for diverse sectors including government, healthcare, utilities, education, and finance, focusing on community and employee notifications, severe weather alerts, and regulatory compliance. By leveraging artificial intelligence and machine learning, OnSolve enhances the efficiency of critical communications, ensuring that the right information reaches the right people promptly, thereby improving the ability to manage crises and protect infrastructure.

StandardAero

Acquisition in 2015
Founded in 1911, StandardAero has become one of the world aerospace industry’s largest independent maintenance, repair and overhaul (MRO) providers. Our company’s success is the outgrowth of the synergistic merger of businesses with complementary specialties that have exponentially increased our capabilities and generated unprecedented customer commitment and value. Now a part of Dubai Aerospace Enterprises, an international corporation with interests in aircraft leasing, MRO and aviation IT solutions, StandardAero offers extensive MRO services and custom solutions for business aviation, commercial aviation, military and industrial power customers in more than 80 nations around the world. More than 4,000 professional, administrative and technical employees work in a dozen major facilities in North America, Europe, Asia and Australia, with an additional 14 strategically located regional service and support centers. Services include MRO for aircraft and rotorcraft engines, auxiliary power units and components; airframe services including major alterations; FAA authorized avionics capabilities; comprehensive engineering services; and custom exterior and interior design, completion and paint. We provide these capabilities through our network of specialized facilities and mobile service teams.

BeyondTrust

Acquisition in 2014
BeyondTrust is a leading global cybersecurity company focused on identity-centric security solutions. It specializes in protecting privileged access and managing identity-related threats, catering to organizations in both traditional and cloud environments. BeyondTrust's products are designed to prevent breaches and reduce the impact of potential attacks, whether originating from external sources or internal vulnerabilities. With a strong emphasis on operational efficiency and customer experience, the company serves over 20,000 clients, including 75 of the Fortune 100. Its advanced privileged access management tools enable organizations to effectively manage their identity attack surface while empowering secure work-from-anywhere capabilities.

Salient CRGT

Private Equity Round in 2014
Salient CRGT is a leading provider of Agile software development, data analytics, mobility, cyber security, and infrastructure solutions. They support these core capabilities with full lifecycle IT services and training—to help their customers meet critical goals for pivotal missions. They are purpose-built for IT transformation supporting federal civilian, defense, homeland, and intelligence agencies, as well as Fortune 1000 companies. Their Innovation Centers focus on creating transformative business technologies and processes to benefit their customers by enhancing user experience, creating efficiencies, protecting data and systems, and improving decision making. Headquartered in Fairfax, VA, Salient CRGT has 19 offices, plus personnel in over 238 locations across the United States and overseas. Their Salient CRGT family includes more than 1,600 experts serving customers worldwide.

Truven Health Analytics

Acquisition in 2012
Truven Health Analytics delivers unbiased information, analytic tools, benchmarks, and services to the healthcare industry. The company combines its deep clinical, financial, and healthcare management expertise with innovative technology platforms and information assets to make healthcare better by collaborating with its customers to uncover and realize opportunities for improving quality, efficiency, and outcomes. It provides information, analytic tools, benchmarks, research, and services to the healthcare industry, including hospitals, government agencies, employers, health plans, clinicians, pharmaceutical, biotech, and medical device companies. Truven Health Analytics was founded in 2012 and is headquartered in Ann Arbor, Michigan.

Excelitas Technologies

Acquisition in 2010
Excelitas Technologies is a manufacturer of specialty lighting and sensor components, serving original equipment manufacturers (OEMs) globally. The company provides a diverse array of electrical and electronic products, including emitters, flash lamps, photonic detectors, light emitting diodes, pulsed xenon lighting, thermal infrared detectors, avionic displays, and imaging lenses. By offering these advanced technologies, Excelitas helps clients accelerate their time to market while securing unique technological advantages and establishing barriers to entry for competitors.

CPI International

Acquisition in 2010
CPI International, Inc., based in Palo Alto, California, is the parent company of Communications & Power Industries, Inc., which specializes in microwave and radio frequency solutions. The company develops and manufactures a range of products that generate, amplify, transmit, and receive high-power microwave and radio frequency signals. These products are utilized in critical applications across defense, communications, medical, and scientific fields. Specific end-use applications include radar systems for navigation and location, electronic countermeasures, and communication systems for broadcasting and the internet. Additionally, CPI International's technology is employed in medical diagnostic imaging and cancer treatment through radiation therapy, as well as in various industrial and scientific processes.

Global Tel Link

Acquisition in 2009
GTL, an innovation leader in correctional technology and payment services solutions for government, offers visionary solutions that can be configured to support the needs of virtually any agency. Our products and services integrate seamlessly to deliver security, financial value, and ease of operation for our valued customers.

Aeroflex Services

Acquisition in 2007
Aeroflex Services is a high technology company specializing in the design, development, manufacturing, and marketing of microelectronic and test measurement products. Its offerings include equipment management services, which encompass test equipment calibration and repair, particularly for hazard detection instruments and torque tools. Aeroflex Services caters to various industries, including oil and gas, as well as the medical sector, ensuring that its products support communication systems, networks, and automatic test systems used worldwide.

DynCorp International

Acquisition in 2004
DynCorp International is a global provider of specialized government services that supports U.S. national security and foreign policy initiatives. The company offers a range of critical services tailored for civilian, military, and government agencies. Its expertise includes aviation, logistics, training, intelligence, and operational support, which encompasses comprehensive training, security, supply services, and maintenance. DynCorp International is dedicated to delivering effective solutions that meet the unique needs of its diverse clientele in defense, diplomacy, and international development.

McNeil Technologies

Acquisition in 2004
McNeil Technologies is a provider of professional services to the Federal Government.

The Wornick

Acquisition in 2003
Wornick Foods is a manufacturer and supplier of convenience foods and military rations, catering primarily to institutional customers, including the U.S. government and large consumer packaged goods companies. The company specializes in producing meals ready-to-eat (MREs) for humanitarian operations and the U.S. military. In addition to military rations, Wornick manufactures thermo-stabilized foods for commercial branded food companies. Under its Homestyle Express brand, the company offers meals available in various national convenience store chains, including 7-Eleven, Circle K, and BP/Amoco, as well as grocery stores.

Continental Electronics

Acquisition in 2000
Continental Electronics Corporation develops, manufactures and markets radio frequency (“RF”) transmitters for high-power broadcasting, digital commercial broadcasting, scientific laboratories and the U.S. Government. While specializing in complex and high-power RF systems, Continental also produces transmitters that operate across the power spectrum. The market-driven change from analog to digital technology positioned Continental for growth during the period of Veritas' ownership.

ProActivity

Series B in 1999
ProActivity provides business process analysis and optimization software. The company develops, sells, and supports a platform that automates the capture and validation of business processes, generates graphical process maps on the fly, provides multidimensional analysis, and creates a strategic process knowledge base that can be reused and extended. It also offers consulting and professional services, onsite training, Web training, and customer support services. The company's clientele includes BEA Systems, Dell, CSC, Wyeth Pharmaceutical, Getronics NV, US Army, State Street Bank, and Bank of America. ProActivity was founded as Inprotech Technologies in 1993. The company is headquartered in Newton, Massachusetts with an office in Netanya, Israel.

Epiq Solutions

Epiq Solutions is an engineering company founded in 2009 that specializes in developing advanced software-defined radio (SDR) platforms and wireless applications. The company focuses on creating easy-to-integrate radio systems and turnkey wireless sensing tools tailored for industries such as aerospace, defense, communications, and national security. Epiq Solutions offers high-performance, wideband radio frequency transceivers suitable for various applications, along with services including mobile device detection, network configuration surveys, and RF spectrum analysis. By providing these innovative products and solutions, Epiq Solutions aims to enhance the capabilities of its clients and ensure the safety and security of wireless environments.
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