Milbank LLP advised Veritas Capital, a longstanding investor in companies operating at the intersection of technology and government, and its portfolio company, Peraton, in connection with the acquisition of ViON Corporation’s cloud services business, which includes its as-a-service portfolio. The acquisition further enhances Peraton’s offerings in the design, delivery and governance of critical IT infrastructure for its government customers.
ViON’s cloud services business will combine with Peraton, a leading provider of trusted and highly differentiated national security solutions and technologies. In the past year, Peraton has successfully executed several growth initiatives, including the recent take-private acquisition of Perspecta Inc., a leading US government services provider.
The Milbank deal team was led by Global Corporate partner Richard Presutti, along with associate Lowell Dyer. The team also included Global Capital Markets partner Antonio Diaz-Albertini, Executive Compensation and Employee Benefits partner Mike Shah and Tax partner Max Goodman.
