Schulte Advises Veritas Capital and Affiliates in “Reverse Morris Trust” Transaction and Combination with US Public Sector Business of DXC Technology

Schulte represented Veritas Capital and its affiliates in a “Reverse Morris Trust” transaction and merger of Vencore Holding Corporation and KeyPoint Government Solutions with DXC Technology’s U.S. Public Sector business to form an independent public company. Perspecta Inc., the newly formed publicly-traded company, is an end-to-end IT services provider to the U.S. government, providing government clients with highly differentiated offerings and capabilities. Veritas, a leading private equity firm recognized for in-depth knowledge and understanding of government and technology-enabled end markets, is an investor in the new company. The transaction was announced on Oct. 11, 2017 and closed on June 1, 2018.