Virtual Technologies Group (VTG), backed by Jacmel Partners, has announced the acquisition of Quotient, Inc., a provider of customized IT solutions to U.S. federal agencies. Quotient, known for its systems integration, full-stack software development, cybersecurity, and project management services, will continue to operate as a subsidiary under VTG. This acquisition marks VTG’s strategic entry into the government contracting market and enhances its ability to offer a comprehensive suite of services to over 1,000 customers nationwide.
The acquisition aligns with VTG’s goal to expand its service offerings in IT Managed Services, Professional Services, and Infrastructure Logistics Services. The combined capabilities of VTG and Quotient are expected to enhance the provision of end-to-end IT solutions to a diverse range of sectors including government, manufacturing, healthcare, education, non-profit organizations, and SMBs. The partnership aims to leverage VTG’s extensive IT solutions to drive growth and innovation in these markets.
Nick Jean-Baptiste, Founder and Co-Managing Partner at Jacmel, expressed enthusiasm for the partnership, highlighting Quotient’s impressive track record and the alignment of values between the companies. He emphasized the potential for accelerated growth and enhanced customer service that this acquisition brings. Both VTG and Quotient are excited about the opportunity to deliver more effective IT solutions and foster a collaborative culture.
Quotient’s leadership, including Co-Founder Clark Lare and VP Mike Schall, expressed optimism about the integration with VTG, citing the scale, resources, and capabilities that will come from the partnership. The deal, supported by Brightwood Capital Advisors, is set to expand Quotient’s market reach and deliver greater value to customers and investors alike. The transaction involved legal and advisory support from firms including Willkie Farr & Gallagher LLP and Benchmark International.
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