Veritas Capital

Arlington is betting on government-services businesses even as PE buyers grapple with slower deal flow, political spending cuts, and a shifting landscape that has turned a once-defensive sector into a complex test of strategy and scale.

Almost $30 billion of private debt has been refinanced through broadly syndicated loans across more than 70 deals so far this year, data shows.

The sale of the division will help the company pay down its debt, which stands at about $2.9 billion.