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. Verisk Analytics, Inc. (Nasdaq:VRSK), a leading data analytics provider, announced the closing of the sale of its healthcare services business to Veritas Capital. Given our deep experience in software and healthcare, we are excited to work with Bob and the executive team to rapidly scale the business and continue to innovate and grow alongside our most disruptive and innovative ambulatory care clients to build the foundations of a multi-sided digital care network between patient, payer, and provider, said Allen Thorpe, partner at Hellman & Friedman. February 08, 2021 . You also have the option to opt-out of these cookies. Which types of acquisition does this organization make most frequently. Financial terms of the agreement were not disclosed. Get the full list, Morningstar Institutional Equity Research. Gainwell Technologies, a portfolio company of Veritas Capital and a leading provider of solutions that are vital to the administration and operations of health and human services programs, today announced it has completed its previously announced acquisition of HMS Holdings Corp. AMETEK Announces Agreement to Acquire Abaco Systems. DreamBox offers schools the only dual-discipline software solution rated Strong by Johns Hopkins EvidenceforESSA.org in both mathematics and reading. 1. [emailprotected] Truven will bring more than 8,500 clients, including U.S. federal and state government agencies, employers, health plans, hospitals, clinicians and life sciences companies to the IBM Watson Health portfolio. The best way to describe the past year might be chaos a mixture of big deals, geopolitical struggles, war, collapsing momentum tech stocks, and a return to normalcy all at the same time. ECN Acquires MIR3, Extends SaaS-Based Unified Critical Communications Platform to Enterprise Clients. About Elliott and EvergreenElliott Management Corporation manages two multi-strategy investment funds which combined have approximately $41 billion of assets under management. MENLO PARK, Calif., April 12, 2021 /PRNewswire/ -- Evergreen Coast Capital ("Evergreen"), the technology-focused Menlo Park affiliate of Elliott Investment Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. athenahealth, Healthcare Technology Leader, to be Acquired by Hellman & Friedman and Bain Capital for $17 Billion, athenahealth, Healthcare Technology Leader, to be Acquired by Hellman & Friedman and Bain Capital for $17 Billion Macquarie Capital and Gibson, Dunn & Crutcher advised the DreamBox board of directors and Jamieson Corporate Finance and Williams & Connolly advised management on the transaction. HMS (Nasdaq: HMSY), an industry-leading technology, analytics and engagement solutions provider helping organizations reduce costs and improve health outcomes, and Veritas Capital-backed Gainwell Technologies, a leading provider of solutions that are vital to the administration and operations of health and human services programs, today announced that they have entered into a definitive agreement whereby Gainwell will acquire HMS. Use the CB Insights Platform to explore Evergreen Coast Capital's Cubic Announces Completion of Acquisition by Veritas Capital and Evergreen Coast Capital. By continuing to use this site you are consenting to these choices. While commenting, you shall use only actual, truthful and confirmed data. 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. As cloud hyperscalers expand, DPUs from the likes of Pensando are seen as a means of streamlining infrastructure and improving performance. is a registered investment adviser. 917-375-5652, For Veritas Capital Contacts Media: For athenahealth, Inc. We look forward to partnering with Jessie Woolley-Wilson, the entire DreamBox team, and The Rise Fund in this new chapter for the Company, bringing together our expertise in data and SaaS technologies, and sustainable growth at scale, said Christian Heim, Managing Director at Evergreen Coast Capital Corp. We identified DreamBox as a leading innovator pushing the industry forward with highly efficacious solutions. Got it! Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. Veritas Capital, a leading technology and government investment firm, today announced that The Veritas Capital Vantage Fund, L.P. has made a strategic investment in Epiq Solutions, a leading provider of software defined radio and turnkey radio frequency solutions for governments and enterprises. Travelport Limited provides business services, as well as transaction processing solutions and data to companies operating in the travel. We're returning to normal. The firm seeks to invest in technology sector. Winnie Lerner 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. Alion has been a portfolio company of Veritas Capital since 2015. Veritas Capital Acquires Capital Services Business from CB&I for $755 Million. Menlo Park, California, United States Private Equity Firm 8,114 Highlights Acquisitions 2 Founded in 2015, Evergreen Coast Capital is a private equity firm based in Menlo Park, California. Hellman & Friedman is a preeminent global private equity firm founded in 1984 with a distinctive investment approach focused on large-scale equity investments in high quality growth businesses. document.write(new Date().getFullYear()); Veritas Capital Fund Management, L.L.C. Today marks a significant milestone for athenahealth and our partnership with Veritas Capital and Evergreen Coast Capital, and we are thrilled to work with Hellman & Friedman and Bain Capital to drive the next phase of our growth journey. Combination of two industry leaders with highly complementary capabilities brings the potential to transform the K-12 education experience for teachers and students. Veritas Capital to Acquire Sequa from Carlyle. 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. The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution. 22 November 2021. athenahealth, Inc. (athenahealth or the Company), a leading provider of cloud-based enterprise software solutions for medical groups and health systems nationwide, today announced it has entered into a definitive agreement to be jointly acquired by affiliates of Bain Capital and Hellman & Friedman for $17 billion. We also use third-party cookies that help us analyze and understand how you use this website. LinkedIn sets this cookie for LinkedIn Ads ID syncing. StandardAero Aviation Holdings, Inc. and Airbus SE today announced that they have finalized the acquisition by StandardAero of Vector Aerospace Holding SAS from Airbus. Amazon Plummets, Broadcom Buys VMware Veritas Capital, a leading private equity firm, today announced the rebranding of its recently acquired portfolio company, CB&Is Capital Services business, to APTIM. DreamBox Learning takes children from whereever they are to where they want to be by transforming the way they learn. H&F targets outstanding businesses in select sectors including software & technology, financial services, healthcare, consumer & retail, and other business services. LinkedIn sets this cookie to store performed actions on the website. About TIBCO TIBCO Software Inc. unlocks the potential of real AMD acquires Pensando for $1.9 billion. Nielsen acquired by Evergreen Coast Capital, DreamBox Learning acquired by Evergreen Coast Capital, Announced Date: Date when the Investment is announced, Organization Name: Name of the organization that received the investment, Lead Investor: This field indicates whether an investor led/organized the investment, Funding Round: Name of the funding round where the Investment is made, Money Raised: Amount of money raised in Funding Round, Acquiree Name: Name of the acquired organization, Announced Date: Date the acquisition was announced, Transaction Name: Auto-generated name of transaction (e.g. WebPORTFOLIO | Evergreen M&A Intermediary Service in Europe EU M&A Centre Limited M&A Intermediary Service in Europe We Launched and Invested in 2015 Weve invested a total of 6.7M since 2010 in fifteen businesses. Cambium Learning Group, Inc, a leading educational technology solutions company, announced today that it has completed its previously announced sale to certain affiliates of Veritas Capital, a leading private equity investment firm. athenahealths solutions and services enable its customers to increase clinical efficiency, optimize financial performance, improve patient care outcomes, and support providers in accelerating their shift toward value-based care. The company is headquartered in Boston, Massachusetts with additional locations in North America, South America, Europe, Asia and Australia. With more than $12 billion in assets across The Rise Funds, TPG Rise Climate, and Evercare Health Fund, the TPG Rise platform is the worlds largest private markets impact investing platform committed to achieving measurable, positive social and environmental outcomes alongside competitive financial returns. Guidehouse, a portfolio company of Veritas Capital and leading provider of management consulting services to government clients, today announced it entered into a definitive agreement to acquire Navigant Consulting, Inc. (NYSE: NCI), in a transaction valued at approximately $1.1 billion. DreamBox supports 400,000 educators and approximately 6 million students in all 50 states, the District of Columbia, Puerto Rico, and throughout the United Kingdom, Australia, Canada, and Mexico. athenahealth partners with more than 140,000 ambulatory care providers, throughout all 50 states and across more than 120 specialties, to accelerate the pace of healthcare innovation and support the delivery of leading clinical and financial outcomes. Prior to that he served as a Managing Director and High Yield Bond Portfolio Manager at Oaktree Capital Management (and its predecessor unit at Trust Company of the West). 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. Cubic Corporation (NYSE:CUB) today announced the completion of its sale to Veritas Capital and Evergreen Coast Capital Corporation, an affiliate of Elliott Investment 3. Veritas Capital to Acquire the Federal IT and Mission Support Services Business of Northrop Grumman. Perspecta Completes Separation from DXC Technology. Veritas Capital, a leading technology and government investment firm, today announced that an affiliate of Veritas has completed the acquisition of Sequa Corporation, parent company of Chromalloy, from funds managed by global investment firm Carlyle. 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. The Elliott funds investors include pension plans, sovereign wealth funds, endowments, foundations, funds-of-funds, high net worth individuals and families, and Odyssey Investment Partners, LLC (Odyssey) has entered into an agreement to acquire CPI International Holding Corp. (CPI) from affiliates of Veritas Capital (Veritas). Alion Science and Technology, an engineering, technology and operational solutions company, today announced that Mr. Steve Schorer has been named President and Chief Executive Officer, effective 19 May 2017. Anthology, a leading provider of higher education software solutions that support the entire learner lifecycle, and Blackboard Inc., a leading global EdTech software and solutions company, today completed their previously announced merger. athenahealth, Inc., a leading provider of network-enabled services for hospital and ambulatory customers nationwide, announced today that it has completed its previously announced sale to an affiliate of Veritas Capital and Evergreen Coast Capital for approximately $5.7 billion in cash. Stu Shea, CEO of MHVC Acquisition Corporation, formerly Harris Corporations Government Services business, has named three new executives with strong experience in the national security sector to his leadership team. Copyright 2023 CB Information Services, Inc. All rights reserved. This year, Zak Cubic Corporation (NYSE: CUB) today announced that it has entered into a definitive agreement with an affiliate of Veritas Capital, under which Veritas and Evergreen Coast Capital Corporation, an affiliate of Elliott Investment Management L.P., will acquire Cubic for $70.00 per share in cash. Its flagship fund, Elliott Associates, L.P., was founded in 1977, making it one of the oldest funds under continuous management. Founded in 2003, LogMeIn is a pioneer in remote work technologies and the maker of market-defining products like LastPass, GoToConnect, GoToMeeting, GoToMyPC, Rescue and its namesake LogMeIn remote access and remote management products. This investment is being led out of Evergreen Coast Capital Corp., Elliotts Menlo Park affiliate, which focuses on technology investing. It's not a big deal, folks. DreamBox is doing the right thing for teachers and students, bringing high efficacy in critical disciplines into the classroom at low-cost and unlocking learning gains for students regardless of race, gender, or zip code.. 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. Evergreen not only recognizes what DreamBox has achieved, but also what more our team can do for education with the right complement of engaging and personalized learning technology combined with powerful predictive and real-time analytics that empower learning guardians, said Jessie Woolley-Wilson, President and CEO of DreamBox Learning. Abaco is a portfolio company of Veritas Capital. Founded in 2015, Evergreen Coast Capital is a private equity firm based in Menlo Park, California. 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. Harris Corporation (NYSE:HRS) has completed the previously announced sale of its government IT services business to Veritas Capital for $690 million in cash. The Deal's Private Equity Deal of the Year checked off plenty of boxes: two hot sectors -- healthcare and tech -- with a dash of shareholder activism in the mix, as a significant take-private transaction. Peraton Divests Systems Engineering, Integration, and Support Services Business. For additional information concerning Veritas Capital, please review Veritas Capital Fund Management, L.L.C.s Form ADV Part 1 and Part 2A. 212-780-0701 / 646-502-3549, For Hellman & Friedman Elliott Investment Management L.P. manages more than $48 billion of assets. YouTube sets this cookie via embedded youtube-videos and registers anonymous statistical data. Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features. Veritas Capital, a leading private equity investment firm, and General Electric (NYSE: GE), today announced that an affiliate of Veritas has completed its acquisition of GE Healthcares Enterprise Financial Management (Revenue-Cycle, Centricity Business), Ambulatory Care Management (Centricity Practice Solution) and Workforce Management (formerly API Healthcare) assets for $1.05 billion in cash. Contacts Media: For athenahealth, Inc. Veritas Capital, a longstanding investor in companies operating at the intersection of technology and government, today announced that an affiliate of Veritas has completed its previously announced acquisition of Northrop Grummans (NYSE: NOC) IT and mission support services business for $3.4 billion in cash. Get recommendations from our smart algorithm. DXC Technology to Combine its U.S. Public Sector Business with Vencore Holding Corporation and KeyPoint Government Solutions to Create an Independent, Publicly Traded Company Serving U.S. Government Clients. Perspecta Inc. (NYSE: PRSP), a leading U.S. government services provider, today announced that it has entered into a definitive agreement under which it will be acquired by Peraton, a portfolio company of leading private investment firm Veritas Capital, in an all-cash transaction valued at $7.1 billion. The company was founded in 2015 and is based in Menlo Park, california. Evergreen Coast Capital Corp. is Elliotts Menlo Park affiliate, which focuses on technology investing. If you think that some of this information is not accurate, please, The average size of a deal this fund participated in, How often the fund supports its portfolio startups at next rounds. Learn more. Veritas Capital, a leading private investment firm, today announced that an affiliate of Veritas has signed a definitive agreement to acquire Campus Management Acquisition Corp. and Edcentric Holdings LLC from Leeds Equity Partners, LLC. Cambium Learning Group, Inc. (NASDAQ: ABCD), a leading educational technology solutions company, announced today that it has entered into a definitive merger agreement with certain affiliates of Veritas Capital for the acquisition of Cambium Learning Group, Inc. Former GE Healthcare Value-Based Care Solutions Group Rebrands as Virence Health Technologies. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. Despite voices raised against the single-vendor selection, it appears to be a done deal. The firm has offices on four continents and has made primary or add-on investments in more than 1,000 companies since its inception. Closely watched cloud data company Cohesity never made it public . EU M&A CENTRE LIMITED M&A Intermediary , Asia and Australia add-on investments in more than 1,000 companies since its inception via youtube-videos. Capital 's Cubic Announces Completion of acquisition does this organization make most frequently / 646-502-3549, for Hellman Friedman. And Australia combined have approximately $ 41 billion of assets this investment is being out. L.P., was founded in 2015 and is based in Menlo Park, California Business Services as. Equity Research children from whereever they are to where they want to be a done deal additional locations in America! 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