- October 1, 2021
- Posted by: Stratford Team
- Category: Business
CHANTILLY, Va., Sept. 30, 2021 /PRNewswire/ — Peraton Corp. (“Peraton”) today completed the sale of its systems engineering, integration, and support services business, including the Peraton assets and subsidiaries that relate to this business (collectively, the “SES Business”), to CTFV Acquisition Corp. (“CTFV”), a portfolio company of The Veritas Capital Vantage Fund, L.P. (the “Vantage Fund”).
As a result of today’s sale, the SES Business will operate as an independent, stand-alone company continuing to provide critical systems engineering, integration, and support services. The separation of the SES Business and Peraton enables each company to independently focus its core capabilities to meet the mission needs of its respective defense and intelligence community customers.
The SES Business will be led by Damian DiPippa,…