Veritas Capital to sell CRGT to Bridge Growth

Bridge Growth Partners has agreed to buy CRGT from Veritas Capital. No financial terms were disclosed for the deal, which is expected to close by the end of the year. Wells Fargo and Stifel Nicolaus provided financial advice to CRGT on the transaction while Credit Suisse advised Bridge Growth. Also, Kevin Parker of Bridge Growth will become the chairman of CRGT's board of directors. Based in Reston, Virginia, CRGT is a provider of custom software development and data analytics to federal government agencies.

5 November 2014•4 mins read
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