In a significant development for the federal IT services sector, Benchmark International has successfully facilitated the acquisition of Quotient, Inc. by Virtual Technologies Group (VTG). This transaction marks a notable consolidation in the industry, bringing together two companies with complementary strengths in serving government agencies.
Quotient, Inc., based in Columbia, Maryland, has established itself as a key player in providing device-agnostic digital solutions for federal clients since its founding in 1999 by Clark and Jodi Lare. The company’s expertise spans systems integration, full-stack software development, cybersecurity, project management, and operational support. Quotient’s workforce comprises highly skilled professionals with certifications including CISSP, PMP/PMP-SI, RHEL CE/SA, Security+, CSM, and ITILv3.
Virtual Technologies Group, headquartered in Maumee, Ohio, brings over six decades of experience to the table. Founded in 1962, VTG has evolved into a comprehensive IT solutions provider, specializing in cybersecurity, infrastructure management, and IT-managed services. The company’s approach emphasizes partner-based relationships to deliver customized solutions, adapting to technological advancements throughout its history.
The merger is expected to create a more robust entity capable of addressing the complex and evolving IT needs of federal agencies. By combining Quotient’s long-standing relationships with key federal agencies and its highly skilled services in critical mission sets with VTG’s broad IT solutions portfolio, the new organization is poised to offer enhanced capabilities to government clients.
William Sullivan, Senior Transaction Director at Benchmark International, highlighted the strategic importance of the deal: ‘Quotient President and Co-Founder Clark Lare built a gem of a company in the Federal-IT space, with long-standing relationships at key federal agencies providing highly skilled services to some of our nation’s most critical mission sets.’ Sullivan emphasized that VTG emerged as the best fit after a highly selective process, offering ‘a strong plan for future growth and a highly complementary team and structure.’
The transaction was supported by Jacmel Partners, a New York-based private investment firm that targets family-operated, lower middle-market companies. Jacmel Partners’ involvement suggests a focus on sustainable growth and potential benefits for employees and communities, aligning with their strategy of combining private equity best practices with impactful growth strategies.
This acquisition is likely to have far-reaching implications for the federal IT services landscape. As government agencies continue to prioritize digital transformation and cybersecurity, the combined expertise of Quotient and VTG could provide more comprehensive and innovative solutions. The merger may also spark further consolidation in the industry as companies seek to enhance their service offerings and competitive positions.
For federal agencies, this transaction could mean access to a broader range of IT solutions and expertise from a single provider. The combined entity is likely to leverage Quotient’s deep understanding of federal client needs with VTG’s extensive IT and cybersecurity capabilities, potentially leading to more efficient and effective technology implementations in government operations.
As the federal government continues to modernize its IT infrastructure and strengthen its cybersecurity posture, partnerships like this one between Quotient and VTG are likely to play a crucial role in shaping the future of government technology services. The success of this merger could set a precedent for similar consolidations in the industry, driving innovation and improving service delivery in the federal IT sector.
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