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Veritas Capital
Veritas Capital is a New York-based private-equity firm founded in 1992 that invests in companies providing critical products and services, primarily technology-enabled products and services, to government and commercial customers worldwide. The firm's first fund closed in 1998. They closed an eighth flagship fund in 2022; in all, Veritas has approximately $45 billion of assets under management. Veritas is led by Ramzi Musallam, the firm's Chief Executive Officer and Managing Partner. History Veritas Capital was founded in 1992 and raised its first fund in 1998. The firm invested exclusively in companies that support the government, government-influenced markets, and commercial customers, specifically in certain sectors, such as aerospace & defense, communications, education, energy, government services, healthcare, national security, and software. Since 1998, it has raised seven funds with a total value of over $14 billion. During this time, it originated and managed over 90 acqu ...
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Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Harris Corporation
Harris Corporation was an American technology company, defense contractor, and information technology services provider that produced wireless equipment, tactical radios, electronic systems, night vision equipment and both terrestrial and spaceborne antennas for use in the government, defense and commercial sectors. They specialized in surveillance solutions, microwave weaponry, and electronic warfare. In 2019, it merged with L3 Technologies to form L3Harris Technologies. Headquartered in Melbourne, Florida, the company had approximately $7 billion of annual revenue. It was the largest private-sector employer in Brevard County, Florida (approximately 6,000). From 1988 to 1999, the company was the parent of Intersil, under the name Harris Semiconductor. In 2016, Harris was named one of the top hundred federal contractors by ''Defense News''. In January 2015, ''Wired'' Magazine ranked Harris Corporation—tied with U.S. Marshals Service—as the number two threat to privacy and ...
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DXC Technology
DXC Technology is an American multinational information technology (IT) services and consulting company headquartered in Ashburn, Virginia. History DXC Technology was founded on April 3, 2017 when the Hewlett Packard Enterprise Company (HPE) spun off its Enterprise Services business and merged it with Computer Sciences Corporation (CSC). At the time of its creation, DXC Technology had revenues of $25 billion, employed 170,000 people and operated in 70 countries. The spinoff from Hewlett Packard Enterprise did not include two parts of the Enterprise Services segment: the Mphasis Limited reporting unit and the ''Communications and Media Solutions'' product group. In India, the company started a three-year plan to reduce the number of offices in the country from 50 to 26, and reduce headcount by 5.9% (around 10,000) employees. With about 43,000 employees (more than a third of its workforce) in India, the company is restructuring its workforce to meet its new revenue profile. ...
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Athenahealth
Athenahealth (stylized as athenahealth) is a private American company that provides network-enabled services for healthcare and point-of-care mobile apps in the United States. The company was founded in 1997 in San Diego and is now headquartered in Watertown, Massachusetts. They have also grown to include operational sites in Belfast, Maine, Atlanta, Georgia, Austin, Texas, Burlington, Vermont, Seattle, Washington, with international operations in Chennai, Bangalore, and Pune, India. On February 15, 2022, the company was acquired by Bain Capital and Hellman & Friedman for $17 billion. Company history Athena Women's Health The company was founded by Jonathan Bush and Todd Park in 1997 as Athena Women's Health, a women's health and birthing center in San Diego, California. At the birthing center, only 10% of babies were delivered by C-section, one third of the national average, and 90% of mothers were able to breastfeed their newborns, beating the national average of 67% at t ...
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Virence Health Technologies
Athenahealth (stylized as athenahealth) is a private American company that provides network-enabled services for healthcare and point-of-care mobile apps in the United States. The company was founded in 1997 in San Diego and is now headquartered in Watertown, Massachusetts. They have also grown to include operational sites in Belfast, Maine, Atlanta, Georgia, Austin, Texas, Burlington, Vermont, Seattle, Washington, with international operations in Chennai, Bangalore, and Pune, India. On February 15, 2022, the company was acquired by Bain Capital and Hellman & Friedman for $17 billion. Company history Athena Women's Health The company was founded by Jonathan Bush and Todd Park in 1997 as Athena Women's Health, a women's health and birthing center in San Diego, California. At the birthing center, only 10% of babies were delivered by C-section, one third of the national average, and 90% of mothers were able to breastfeed their newborns, beating the national average of 67% at t ...
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GE Healthcare
GE HealthCare is a subsidiary of American multinational conglomerate General Electric incorporated in New York and headquartered in Chicago, Illinois. As of 2017, it is a manufacturer and distributor of diagnostic imaging agents and radiopharmaceuticals for imaging modalities used in medical imaging procedures. It offers dyes used in magnetic-resonance-imaging procedures; manufactures medical diagnostic equipment, including CT image machines; MRI, XRAY; Ultrasound; Cath Labs; Mamogram; Nuclear Medicine Cameres; and develops Health technology for medical imaging and information technologies, medical diagnostics, patient monitoring systems, disease research, drug discovery, and biopharmaceutical manufacturing. It was incorporated in 1994 and operates in more than 100 countries. On November 9, 2021, General Electric announced it would demerge into three investment-grade public companies, GE HealthCare being one of the three planned divestitures. The spin-off of GE HealthCare is ...
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Wall Street Journal
''The Wall Street Journal'' is an American business-focused, international daily newspaper based in New York City, with international editions also available in Chinese and Japanese. The ''Journal'', along with its Asian editions, is published six days a week by Dow Jones & Company, a division of News Corp. The newspaper is published in the broadsheet format and online. The ''Journal'' has been printed continuously since its inception on July 8, 1889, by Charles Dow, Edward Jones, and Charles Bergstresser. The ''Journal'' is regarded as a newspaper of record, particularly in terms of business and financial news. The newspaper has won 38 Pulitzer Prizes, the most recent in 2019. ''The Wall Street Journal'' is one of the largest newspapers in the United States by circulation, with a circulation of about 2.834million copies (including nearly 1,829,000 digital sales) compared with ''USA Today''s 1.7million. The ''Journal'' publishes the luxury news and lifestyle magazine ' ...
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Truven Health Analytics
Merative, formerly IBM Watson Health, is a standalone company as of 2022. Merative offers products and services that help clients facilitate medical research, clinical research, Real world evidence, and healthcare services, through the use of artificial intelligence, data analytics, cloud computing, and other advanced information technology. Merative is owned by Francisco Partners, an American private equity firm headquartered in San Francisco, California. History Thomson Healthcare was a division of Thomson Corporation until 2008, when, following Thomson's merger with Reuters, it became the healthcare unit of Thomson Reuters. On April 23, 2012, Thomson Reuters agreed to sell it to Veritas Capital for US$1.25 billion. On June 6, 2012, the sale was finalized and the new company, Truven Health Analytics, became an independent organization solely focused on healthcare. IBM Corporation acquired Truven Health Analytics on February 18, 2016, and merged it with IBM's Watson Health unit ...
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Thomson Reuters
Thomson Reuters Corporation ( ) is a Canadian multinational media conglomerate. The company was founded in Toronto, Ontario, Canada, where it is headquartered at the Bay Adelaide Centre. Thomson Reuters was created by the Thomson Corporation's purchase of the British company Reuters Group in April 2008. It is majority-owned by The Woodbridge Company, a holding company for the Thomson family. History Thomson Corporation The forerunner of the Thomson company was founded by Roy Thomson in 1934 in Ontario, as the publisher of ''The Timmins Daily Press''. In 1953, Thomson acquired the ''Scotsman'' newspaper and moved to Scotland the following year. He consolidated his media position in Scotland in 1957, when he won the franchise for Scottish Television. In 1959, he bought the Kemsley Group, a purchase that eventually gave him control of the '' Sunday Times''. He separately acquired the ''Times'' in 1967. He moved into the airline business in 1965, when he acquired Britanni ...
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Guidehouse LLC
Veritas Capital is a New York-based private-equity firm founded in 1992 that invests in companies providing critical products and services, primarily technology-enabled products and services, to government and commercial customers worldwide. The firm's first fund closed in 1998. They closed an eighth flagship fund in 2022; in all, Veritas has approximately $45 billion of assets under management. Veritas is led by Ramzi Musallam, the firm's Chief Executive Officer and Managing Partner. History Veritas Capital was founded in 1992 and raised its first fund in 1998. The firm invested exclusively in companies that support the government, government-influenced markets, and commercial customers, specifically in certain sectors, such as aerospace & defense, communications, education, energy, government services, healthcare, national security, and software. Since 1998, it has raised seven funds with a total value of over $14 billion. During this time, it originated and managed over 90 acqu ...
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Cambium Learning Group
Cambium Learning Group is an American technology company which creates computer software and hardware products serving students ranging from pre-kindergarten to adult; and enabling educators who help them learn. As of December 2018, it is owned by Veritas Capital, a New York-based private equity firm. The company's business units are Learning A-Z, Lexia Learning, Voyager Sopris, ExploreLearning, Cambium Assessment, Kurzweil Education, and VKidz: Learning A-Z– Personalized instructional tools for Pre K-6 education in reading, writing, science, and vocabulary. Lexia Learning– Blended learning solutions for educators to personalize learning for every student. Voyager Sopris– Innovative, evidence-based instructional intervention solutions and teacher professional development services. * ExploreLearning – Interactive online math and science simulations for education in grades 3–12. Cambium Assessment– Statewide, district, and school level K-12 assessments. * Kurzweil E ...
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PR Newswire
PR Newswire is a distributor of press releases headquartered in Chicago. The service was created in 1954 to allow companies to electronically send press releases to news organizations, using teleprinters at first. The founder, Herbert Muschel, operated the service from his house in Manhattan for approximately 15 years. The business was eventually sold to Western Union and then United Newspapers of London. In December 2015, Cision Inc. announced it would acquire the company. On January 1, 2021, Cision formally merged PR Newswire into the company, ending its status as a legal entity after 66 years. Cision plans to continue utilizing the brand name for the foreseeable future in the United States, as well as in Europe and the Asia-Pacific regions. History PR Newswire was founded in March 1954 by Herbert Muschel, who ran the business from his town house in New York City for the first 15 years of its operation. The company used telecommunications lines and teleprinters owned by Weste ...
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