M&A Deal Summary

Veritas Capital Acquires BeyondTrust

On September 2, 2014, private equity firm Veritas Capital acquired software company BeyondTrust for 310M USD

Acquisition Highlights
  • This is Veritas Capital’s 1st transaction in the Software sector.
  • This is Veritas Capital’s 21st largest (disclosed) transaction.
  • This is Veritas Capital’s 14th transaction in the United States.
  • This is Veritas Capital’s 1st transaction in Georgia.
Investment Fate
  • BeyondTrust was sold to a strategic buyer in 2018.

M&A Deal Summary

Date 2014-09-02
Target BeyondTrust
Sector Software
Buyer(s) Veritas Capital
Deal Type Buyout (LBO, MBO, MBI)
Deal Value 310M USD
Advisor(s) Evercore Group (Financial)

Target

BeyondTrust

Johns Creek, Georgia, United States
BeyondTrust is a provider of Privileged Access Management (PAM) software solutions, empowering organizations to secure and manage privileges across passwords, endpoints, and access while enhancing control and visibility. BeyondTrust was founded in 1985 and is based in Johns Creek, Georgia.

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Buyer(S) 1

Buyer

Veritas Capital

New York, New York, United States

Category Private Equity Firm
Founded 1992
PE ASSETS 50.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Veritas Capital is a private equity investment firm that targets investments in defense, aerospace, government services, media/telecommunications, consumer products, and specialty manufacturing companies. Veritas generally partners with management when pursuing investments. Prospective transaction situations include buyouts, growth capital investments, and leveraged recapitalizations. Veritas Capital was established in 1992 and is based in New York, New York.


DEAL STATS #
Overall 14 of 42
Sector: Software M&A 1 of 4
Type: Buyout (LBO, MBO, MBI) M&A Deals 6 of 7
State: Georgia M&A 1 of 3
Country: United States M&A 14 of 41
Year: 2014 M&A 1 of 2
Size (of disclosed) 21 of 23
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-05-20 Aeroflex Holding

Plainview, New York, United States

Aeroflex Holding Corp. designs, engineers, and manufactures microelectronic products, and test and measurement equipment in the United States, Europe, the Middle East, and Asia.

Sell $1.5B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-09-17 SolAero

Albuquerque, New Mexico, United States

SolAero is a manufacturer of highly efficient, radiation-hard solar cells, Coverglass Interconnected Cells (CICs), and solar panels for space power applications. Since 2001, SolAero products have powered 160 successful space missions with zero on-orbit failures. SolAero Technologies was founded in 1998 and is based in Albuquerque, New Mexico.

Buy $150M