TLDR:
- Blue Delta makes a venture capital investment in ITC Federal, a national security-focused IT solutions provider
- This investment will help ITC Federal enhance capabilities and pursue strategic acquisitions
Blue Delta Capital Partners has made a venture capital investment in ITC Federal, a provider of national security-focused IT solutions and enterprise services to U.S. Federal Government agencies. This investment marks a significant milestone for ITC Federal, providing the capital, resources, and industry expertise necessary to enhance the company’s capabilities and pursue strategic tuck-in acquisitions. The CEO of ITC Federal, Greg Fitzgerald, expressed excitement about the partnership with Blue Delta, citing their deep expertise in the federal government market as a valuable asset.
ITC Federal has a strong track record of supporting missions focused on national security, law enforcement, and citizen services. With the support of Blue Delta, ITC Federal plans to expand its service delivery capabilities and solution offerings to solidify its reputation as a reliable partner for critical IT services missions. Phil Nolan, General Partner at Blue Delta, expressed confidence in ITC Federal’s leadership team and strategic vision for the future, highlighting the company’s impressive reputation in delivering mission-critical solutions to federal government customers.
Blue Delta Capital Partners is a growth-stage venture capital firm focused on the U.S. federal government services market, providing operational expertise and capital to support the growth of companies in the sector. ITC Federal, on the other hand, is a large enterprise services and solutions provider dedicated to supporting the national security and law enforcement missions of federal government agencies.
