Benchmark International has successfully orchestrated a significant transaction between Quotient, Inc., a Columbia, MD-based provider of digital solutions for federal clients, and Virtual Technologies Group (VTG), an IT solutions provider headquartered in Maumee, OH. This transaction marks a noteworthy development in the Federal-IT and cyber security sectors.
Quotient, Inc., founded in 1999 by Clark and Jodi Lare, offers a broad array of IT services, including systems integration, full-stack software development, cyber security, project management, scheduling, and operational support. The company's workforce is composed of highly skilled professionals such as developers, engineers, managers, and systems administrators with certifications in CISSP, PMP/PMP-SI, RHEL CE/SA, Security+, CSM, and ITILv3.
William Sullivan, Senior Transaction Director at Benchmark International, highlighted the unique position of Quotient in the Federal-IT landscape, noting its long-standing relationships with key federal agencies and the critical nature of its mission sets. After a selective process, VTG was identified as the ideal partner due to its strong growth plans and complementary team structure.
VTG, established in 1962, specializes in cyber security, infrastructure management, and IT-managed services. Known for its partner-based approach, VTG has evolved alongside technological advancements, providing tailored solutions to its clients.
This acquisition was supported by Jacmel Partners, a New York, NY-based private investment firm that targets family-operated, lower middle-market companies. Jacmel Partners employs a strategy combining traditional private equity practices with innovative, low-cost methods to foster growth while benefiting employees and their communities.
The strategic alignment of Quotient's specialized federal IT services with VTG's comprehensive IT solutions is expected to create a robust platform for future growth. This merger is poised to enhance the capabilities of both companies, potentially leading to increased service efficiency and innovation in the Federal-IT and cyber security sectors. The collaboration aims to leverage VTG's extensive experience and Quotient's established federal relationships to deliver superior IT solutions to government clients.
Such mergers and acquisitions are crucial as they drive industry consolidation, promote technological innovation, and enhance service offerings. This transaction not only signifies a strategic growth opportunity for both companies but also underscores the importance of specialized IT services in supporting federal operations and missions. As the IT landscape continues to evolve, these strategic partnerships are vital in addressing the complex needs of federal clients and ensuring the security and efficiency of their operations.
