US growth capital firm General Atlantic appoints senior vice president and special advisor

Eaves will provide technology and operations expertise as well as strategic counsel to GA’s investment teams and portfolio companies - in technology, finance, global delivery and human capital management - as part of the firm’s resources group.

Eaves joins General Atlantic from Misys, a publicly listed software and services provider to the healthcare and financial services industries, where he was executive vice president, CTO and CIO. He is also a member of the board of directors for AllscriptsMisys. Eaves’ operational experience spans over 20 years, including tenure as CTO for SSA Global, an enterprise software provider and former General Atlantic portfolio company. He previously held management and technology-related positions at a number of technology firms, including Infinium, Lycos and Emerson Electric.

General Atlantic has also appointed David H Langstaff, the former CEO of Veridian, to a special advisor role. Langstaff will support GA’s active value-added approach to partnering with growth companies by providing strategic counsel to GA and its portfolio companies in the business services and technology sector with a particular focus on government services.

From 1995 until its sale to General Dynamics in 2003, Langstaff was president, CEO and director of Veridian Corporation, which specialised in national security programmes for the intelligence community, military and other US government agencies involved in security. Under his leadership, the company’s annual sales increased ten-fold, from $100m to $1.2bn. From 1984 to 1995, he served as executive vice president and COO/CFO of Space Industries International Inc, which merged with Calspan SRL in 1993. Following a management-led buy-out in 1995, he assumed the role of president and CEO and subsequently renamed the company Veridian. He also serves on the board of directors of SRA International, and chairs the advisory board of the Business and Society Program of The Aspen Institute.

Philip Trahanas, a managing director with General Atlantic, said, “David’s extensive background as a CEO and director of government services companies will offer us invaluable insights as we continue to extend our activities in the business services sector.”

Langstaff added, “General Atlantic is a premier global firm that consistently delivers on its value-added promise to its portfolio companies. I hope to extend GA’s industry knowledge and specialised network within the government services sector as they continue to support their portfolio companies and look for additional investment opportunities.”

GA is a leading global growth equity firm providing capital and strategic support for growth companies. Founded in 1980, it manages approximately $13bn in capital.

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