Veritas Capital Acquires Kroll Government Services, Inc.

* Reuters is not responsible for the content in this press release.

Mon Jun 1, 2009 4:51pm EDT

Former division of Kroll renamed KeyPoint Government Solutions, Inc.

NEW YORK, June 1 /PRNewswire/ -- Veritas Capital, a leading private equity
firm with a focus on companies that provide services and products to the
government market, today announced the acquisition of Kroll Government
Services, Inc. from Kroll, Inc., a subsidiary of Marsh & McLennan (NYSE: MMC).
 In conjunction with the transaction, Kroll Government Services, Inc. has been
renamed KeyPoint Government Solutions, Inc.  Financial terms of the
transaction were not disclosed.  

KeyPoint is a leading provider of security-clearance background investigations
and employment screening services to U.S. government agencies, also providing
related investigative, monitoring and fraud prevention services helping such
agencies ensure the integrity of these processes.  KeyPoint's highly qualified
and experienced employees serve U.S., state and local government customers
including the Office of Personnel Management, the Department of Homeland
Security, the Transportation Security Administration, Customs and Border
Protection, Immigration and Customs Enforcement, Citizenship and Immigration
Services, the Department of Justice, the US Coast Guard, the Army National
Guard and the Los Angeles Police Department, among others. 

"The acquisition of KeyPoint Government Solutions is consistent with our
strategy of investing in strong companies that perform mission critical
functions for the U.S. Government," said Veritas Capital Founder and Chairman
Robert McKeon.  

"We welcome KeyPoint, the critical work it does, and its talented management
team led by Jeff Schlanger to the Veritas portfolio of companies." 

Mr. Schlanger, who will continue to lead the firm as Chief Executive Officer, 
said, "We are very enthusiastic about the prospect of conducting business as a
stand-alone operating company with the support of Veritas Capital, the
preeminent private equity firm focused on the government services sector. 
Aligning with Veritas and its impressive portfolio of government services
companies, resources and strategic guidance will provide KeyPoint an
opportunity to further grow and diversify our business platform.  There is an
increasing U.S. Government need for investigative and fraud, waste and abuse
prevention services; KeyPoint is extremely well positioned to provide the
highly effective integrated solutions that protect the integrity of our
clients' most crucial processes." 

Veritas Capital's McKeon concluded, "We are focused on growing KeyPoint
organically -- through new contract wins -- as well as via acquisitions that
fit KeyPoint's core competencies with the overriding objective of further
enhancing the quality of service that can be offered to KeyPoint's government
clients."

The transaction was subject to Hart-Scott-Rodino review.

About KeyPoint Government Solutions

KeyPoint Government Solutions is a leading provider of security-clearance
background investigations and employment screening services to U.S. government
agencies such as the Office of Personnel Management and the Department of
Homeland Security. KeyPoint also provides related investigative, monitoring
and fraud prevention services helping such agencies ensure the integrity of
their crucial processes.   Founded in 2003 as a unit of Kroll, KeyPoint became
a Veritas Capital portfolio company in 2009.  The Company is based in
Loveland, CO with offices in Reston, VA, Los Angeles, CA and New York, NY.

About Veritas Capital

Founded in 1992, Veritas Capital is the leading private equity firm focused on
investing in companies that provide services and products to governments
around the world.  Veritas' portfolio of companies, which generate annual
revenues of approximately $5.5 billion and employ more than 45,000 people in
35 countries, includes DynCorp International, Vangent, Inc., Aeroflex, Inc.,
McNeil Technologies, CRGT, Inc. and Global Tel*Link.  Former Veritas portfolio
companies include Vertex Aerospace, Integrated Defense Technologies, and
Athena Innovative Solutions, among others.  The Veritas portfolio companies
are dedicated to providing the highest level of critical services and products
to the U.S. government and other customers around the world. For more
information, please visit http://www.veritascapital.com. 


SOURCE  Veritas Capital

Lawrence Budgar, Burson-Marsteller, +1-212-614-4140, Lawrence.budgar@bm.com
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