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In September 1999, MCP completed an equity investment in
Veridian Corporation, a $600 million provider of information
technology and network security and applied science and engineering
services to the U.S. intelligence community and military services,
and to the civilian and commercial sectors. Veridian’s
systems are used by military and government agencies to protect
information, personnel, and other high-value assets and to
support intelligence collection and strategic and tactical
operations and by commercial enterprises to enhance and secure
corporate information networks. MCP’s equity investment
was used to facilitate the acquisition by Veridian of three
companies: MRJ Technology Solutions, Trident Data Systems
and ERIM International. MRJ, Trident and ERIM all have unique
technologies, strong information technology and network security
capabilities and strengthen Veridian’s position as a
leading provider of full service, end-to-end information and
network security solutions.
Approximately three years after MCP's investment, Veridian
completed an initial public offering of its stock. In August
2003 all of Veridian's oustanding shares were acquired by
General Dynamics Corporation.
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Date of Investment: September 1999