DFW Capital Partners has purchased a controlling stake in Sev1Tech, an information technology services provider to the government and commercial sectors, to help drive the latter’s growth efforts.
Sev1Tech said Thursday it aims to expand service offerings and pursue larger projects through the investment from the private equity group.
The Woodbridge, Va.-based IT company holds positions on governmentwide contract vehicles such as the General Services Administration’s IT Schedule 70, Alliant 2 and OASIS.
Services include cybersecurity, cloud computing, program management and operations support.
Bob Lohfeld, Sev1Tech CEO, said the company “sought out DFW as a partner to enable growth both organically and through acquisition.”