WashingtonExec
  • News & Headlines
  • Executive Councils
  • Videos
  • Podcast
  • Events
    • 🏆 Pinnacle Awards
    • 🏆 Chief Officer Awards
  • About
  • Contact Us
Latest Video:
https://www.youtube.com/watch?v=3_0OGr8ie5g&list=UULFQpADaPZpDb8HwwScpJ2OPQ
Podcast Episodes
LinkedIn Facebook Twitter Instagram YouTube
LinkedIn Facebook Twitter Instagram YouTube
WashingtonExec
Subscribe To The Daily
  • News & Headlines
  • Executive Councils
  • Videos
  • Podcast
  • Events
    • 🏆 Pinnacle Awards
    • 🏆 Chief Officer Awards
  • About
  • Contact Us
LinkedIn YouTube Twitter
WashingtonExec
You are at:Home»News»Mergers & Acquisitions»Peraton Sells Systems Engineering, Integration and Support Services Business
Mergers & Acquisitions

Peraton Sells Systems Engineering, Integration and Support Services Business

By Staff WriterOctober 4, 2021
Share
LinkedIn Facebook Twitter Email
Damian DiPippa
Damian DiPippa, SES Business

Peraton Corp. has completed the sale of its systems engineering, integration and support services business to CTFV Acquisition Corp., a portfolio company of The Veritas Capital Vantage Fund.

As a result of the sale, the SES Business will operate as an independent, standalone company. The separation of the SES Business and Peraton allows each company to independently focus its core capabilities on meeting mission needs of its respective defense and intelligence community customers.

The SES Business will be led by Damian DiPippa, previously president of Peraton’s systems engineering sector. The SES Business will re-brand itself under a new corporate name and identity.

The Vantage Fund is a Veritas Capital investment fund that independently invests in middle-market companies, including those that provide critical products and services to government and other customers.

Jefferies LLC served as financial adviser to Peraton. Milbank LLP and Covington & Burling LLP served as legal counsel to Peraton. Latham & Watkins LLP served as legal counsel to the Vantage Fund.

Previous ArticleRGi Wins Geospatial Data-discovery Prime Contract
Next Article Parsons Names Peter Torrellas President of Connected Communities

Related Posts

Acentra Health Emerges as Health Powerhouse Post CNSI-Kepro Merger

Accenture Federal Services Snags $329M USAID Contract

Top Contracts Execs to Watch in 2023: Applied Insight’s Crystal Abarca

Comments are closed.

Chief Officer Awards Winners Revealed - Click to view the winners
Trending

Acentra Health Emerges as Health Powerhouse Post CNSI-Kepro Merger

June 6, 2023

Accenture Federal Services Snags $329M USAID Contract

June 6, 2023

Top Contracts Execs to Watch in 2023: Applied Insight’s Crystal Abarca

June 6, 2023

Top Contracts Execs to Watch in 2023: Integral Federal’s Heather Dallara

June 6, 2023

Top Contracts Execs to Watch in 2023: ASRC Federal’s Scott Salzano

June 6, 2023
Quick Links
  • Executive Councils & Committees
  • Chief Officer Awards
  • Pinnacle Awards
  • K-12 STEM Symposium
  • Advertise With Us
  • About WashingtonExec
  • Contact

Subscribe to The Daily

Get federal business news & insights delivered to your inbox.

  • Facebook
  • Twitter
  • LinkedIn
  • YouTube
Copyright 2023 © WashingtonExec, Inc. | All Rights Reserved. Powered by J Media Group

Type above and press Enter to search. Press Esc to cancel.