ARLINGTON, Va., Sept. 4, 2024 /PRNewswire/ — ITC Federal (ITC), a longtime supplier of mission-focused IT answers and undertaking products and services to U.S. federal businesses, as of late introduced a strategic mission capital funding from Blue Delta Capital Companions (Blue Delta), a growth-stage mission capital company targeted completely at the U.S. Federal Executive Products and services marketplace. This partnership represents a vital milestone in ITC Federal’s evolution, offering the capital, assets, and business experience that may assistance additional support the corporate’s confirmed features, its talent to pursue strategic acquisitions, and to additional extend its affect throughout key federal businesses curious about legislation enforcement and nationwide safety missions.
Aligning Forces for Persevered Growth
The funding from Blue Delta Capital Companions is a sturdy endorsement of ITC Federal’s accomplishments to moment, its control staff, the corporate’s provider choices, and its attainable for vital day development. “We are delighted to secure this venture capital investment from Blue Delta Capital Partners as we embark on the next chapter in ITC Federal’s growth,” stated Greg Fitzgerald, CEO of ITC Federal. “Blue Delta’s deep and proven expertise in the federal market and their successful track record with companies like ours makes them an ideal partner for our team as we continue to drive innovation for our national security and law enforcement customers and deliver unparalleled value to their missions.”
Foot for Lengthy-Time period Luck
For just about 20 years, ITC Federal has labored along govt leaders to backup missions curious about nationwide safety, legislation enforcement, and citizen products and services by way of offering complete lifecycle undertaking IT, cloud infrastructure, DevSecOps, federal monetary methods, and turning in mission-focused results. With Blue Delta’s backup, ITC will proceed to extend its provider supply features and resolution choices, additional cementing its popularity as a valuable spouse to our folk’s important IT products and services missions. Phil Nolan, Common Spouse at Blue Delta Capital Companions, remarked on his company’s funding: “ITC Federal has built an impressive reputation for delivering mission-critical solutions to law enforcement and national security customers in the federal government. We are thrilled to join Greg’s team and support their expansion plans, helping to amplify their impact in the market. Our investment reflects our strong belief in ITC’s leadership team and their strategic vision for the future.“
About ITC Federal
ITC Federal is a massive IT answers and undertaking products and services supplier devoted to supporting the nationwide safety and legislation enforcement missions of federal govt businesses. With the assets and scale vital to fulfill mission-critical calls for, ITC Federal is deeply dedicated to the good fortune of its govt shoppers. www.ITCFederal.com
About Blue Delta Capital Companions
Blue Delta, a growth-stage mission capital company based in 2009, specializes in the U.S. federal govt products and services marketplace. The company companions with marketers in search of development with out shedding keep watch over or incurring fat debt, providing a long time a chance capital and operational experience in order price past capital. www.bluedeltacapitalpartners.com
Media touch: Julia Litvak, 703.894.4444
[email protected]
SOURCE ITC Federal
