the name Arcfield. Integrated information technology By 2019 Veritas' portfolio included Abaco Systems, Inc., Alion Science and Technology Corporation, APTIM Corp., athenahealth, Inc., Cambium Learning Group, Inc., Cotiviti, Inc., Guidehouse, and OnSolve, LLC. On or about May 25, 2021, Cubic Corporation (NYSE: CUB) announced the completion of its sale to Veritas Capital and Evergreen Coast Capital Corporation in a transaction valued at approximately $3.0 billion, including the assumption of debt. Health care data business In 2012 Veritas acquired the "health-care data business" of Thomson Reuters for $1.25 billion; the business is now called Truven Health Analytics. In 2016, it sold Truven Health Analytics Inc. to IBM for $2.6 billion. On April 25, 2016, the firm acquired the healthcare services business unit from Verisk Analytics, Inc. for $820 million. The deal closed on June 1, 2016, and the company was renamed “Verscend Technologies, Inc.” On April 2, 2018, the firm announced plans to buy The Value-Based Care Solutions Group from GE Healthcare for $1.05 billion. The deal closed on July 11, 2018. On October 9, 2018, it announced it was rebranding The Value-Based Care Solutions Group to Virence Health Technologies. On June 19, 2018, Veritas-backed Verscend acquired Cotiviti Holdings, Inc., a provider of payment accuracy and analytics-driven solutions focused primarily on the healthcare industry, for $4.9 billion. The deal closed on August 27, 2018; the combined private company would operate under the Cotiviti name. On November 12, 2018, the firm announced it had entered in to a definitive agreement to acquire Watertown, Massachusetts-based athenahealth for $5.7 billion through a partnership with Evergreen Coast Capital., with plans to merge athenahealth with Virence Health Technologies; the joint company would operate under the athenahealth brand. The acquisition closed on February 11, 2019. In June 2019, the firm received “PE Deal of the Year” for its acquisition of athenahealth by the publication The Deal. On March 10, 2020, DXC Technology announced it had reached an agreement with Veritas to purchase its U.S. State and Local Health and Human Services business for $5.0 billion. References External links Veritas Capital Fund Management recipient profile on USAspending.gov Investment companies based in New York City Private equity firms of the United States Financial services companies established in 1992 American companies established in 1992