The new company formed by the merger of the U.S. public sector business of DXC Technology, Vencore and KeyPoint Government Solutions will be named Perspecta.
According to a March 8 announcement from the companies, the new company is slated for its debut in May. Vencore and KeyPoint are currently owned by affiliates of private equity firm Veritas Capital. Veritas will stay on as a Perspecta investor.
“Perspecta will fill a unique market position in the government contracting space by offering a full spectrum of complementary capabilities,” said Mike Lawrie, chairman, president and CEO of DXC, who will serve as the chairman of Perspecta.
Mac Curtis, president and CEO of Vencore, will become CEO, with Marilyn Crouther, the senior vice president and general manager of DXC USPS, serving as chief operating officer.