EMERGING TECHNOLOGY, INFRASTRUCTURE
Carahsoft | March 14, 2023
On March 14, 2023, Carahsoft Technology Corp., the trusted government IT solutions provider, and the Analytics Automation Company, Alteryx, Inc., expanded their partnership to offer automated data analytics to all levels of the Canadian government, including federal, provincial, and municipal, territorial, and crown corporations.
Carahsoft will offer Alteryx products and services via its Software Licensing Supply Arrangement (SLSA) contract with Public Services and Procurement in Canada under the agreement. Additionally, Carahsoft will collaborate with its Canada-based reseller partners to support new Public Sector customers and expand the availability of Alteryx's solutions by leveraging additional contract vehicles.
The Alteryx Analytics Automation Platform provides an integrated, end-to-end analytics experience, allowing everyone to create transformative business outcomes using data effortlessly. Alteryx Analytics Automation Platform provides a suite of capabilities, including hundreds of drag-and-drop automation building blocks for data cleansing, blending and preparation, as well as statistical, geospatial, and predictive analytics, as well as automated machine learning and natural-language data storytelling, to support at all stage of the journey from raw data to business outcomes, as well as every participant along the way.
Team Leads at Alteryx Team at Carahsoft, Marty Gryski, said, "We are thrilled to announce the expansion of our partnership with Alteryx in the Canadian marketplace." He also said, "Alteryx's solutions address the current need for analytics automation to empower critical business functions. We look forward to working with our resellers to continue supporting the Canadian Federal Government in their digital transformation initiatives."
(Source – GlobeNewswire)
About Carahsoft
Based in Reston, Virginia, Carahsoft is the trusted government IT solutions provider, helping Federal, State and Local Government agencies, Health and Education markets and Public Sector organizations. The company delivers solutions for Cybersecurity, Big Data, MultiCloud, DevSecOps, AI, Open Source, Customer Experience and more. Its sales and marketing teams work with resellers, systems integrators, and consultants to offer the best IT services, products, and training through hundreds of contract vehicles.
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EMERGING TECHNOLOGY
Prnewswire | April 19, 2023
Renovus Capital Partners ("Renovus") today announced that its newly formed platform, Aretum, LLC ("Aretum" or the "Company"), has acquired Miracle Systems, LLC ("Miracle"), an Arlington, VA-based prime contractor to more than twenty federal agencies domestically and internationally. Miracle joins existing Renovus portfolio company Panum Telecom, LLC ("Panum") within Aretum, a leading mid-tier organization focused on providing management consulting, mission support and technology solutions. Aretum primarily serves the DoD, DHS and Federal Civilian agencies through a broad array of contracts, contract vehicles and talented resources.
"We are excited to bring together a rich and diverse pool of highly talented professionals under one organization," said Dr. Vaikunth Gupta, Co-Founder of Panum. "Our goal is to continue building Aretum into a best-in-class service provider to DHS, civilian and Department of Defense agencies."
"The combination of Panum and Miracle under the Aretum umbrella is yet another step in our growing commitment to support the mission of government agencies with technology and management consulting services," said Atif Gilani and Manan Shah, Partners at Renovus Capital. "We are confident that Aretum will bring technology-focused innovative solutions to support our customers while unlocking value for our investors and stakeholders."
Sandesh Sharda, Founder and CEO of Miracle Systems, commented, "Renovus really stood out from the other investors we considered. They had already made a significant growth investment in Panum and have great familiarity and understanding of the space where we operate."
Aretum becomes the third Renovus platform in the government service space. Renovus will leverage its deep expertise across the broader knowledge and talent space to continue building each platform through a combination of organic expansion and add-on acquisitions.
King & Spalding served as legal counsel to Renovus and Panum. UBS Investment Bank served as exclusive financial advisor to Miracle Systems, and Greenberg Traurig served as legal counsel.
About Miracle Systems
Miracle Systems is an innovative solutions provider bringing an entrepreneurial spirit and thought leadership to the Federal Government. We are an array of program managers, engineers, financial analysts, IT experts, systems designers, security specialists, trainers, and mission support specialists who have joined forces to create timely, tested, and sustainable solutions. Our signature offerings encompass PMO support, engineering services, financial consulting, IT modernization initiatives, mission-critical cyber support, and comprehensive training services. Established in 2003 and headquartered in Arlington, VA, our success has been demonstrated by cultivating long-term employees – and long-term clients. We proudly service over 100 contracts, and prime over 90 – managing over $900 million across civilian and military sectors. Miracle Systems consistently delivers high levels of customer satisfaction through innovation, ethics, and excellence.
About Aretum, LLC
Aretum LLC is a newly formed holding company that owns Miracle Systems and Panum Telecom. Miracle Systems (www.MiracleSystems.net) provides leading edge solutions and outstanding service to Federal clients, focusing on PMO Support, Financial Consulting, Engineering Services, Training Services, IT Systems, Cyber Mission. Miracle System has 90 active Prime Contracts across the US Government. Panum Telecom, LLC (www.panum.com) offers a broad spectrum of mission services including nutritional health, and management consulting services such as program & project management, acquisition & contract management, business & strategy consulting and next generation analytics, information and communications technology services such as network infrastructure & security, research & analysis, and training to Federal Government agencies. Panum is based in Bethesda, MD.
About Renovus Capital Partners
Founded in 2010, Renovus Capital Partners is a lower middle-market private equity firm specializing in the Knowledge and Talent industries. Renovus manages over $1 billion including its three sector-focused funds. The firm's portfolio includes over 25 businesses in education and training, healthcare services, technology services and professional services. Renovus typically partners with founder-led businesses, leveraging its experience to make operational improvements, recruit top talent, pursue add-on acquisitions, and oversee strategic growth initiatives.
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EMERGING TECHNOLOGY, CYBERSECURITY
Globenewswire | May 08, 2023
The Chertoff Group, a leading global security risk management and federal growth consulting firm, and Second Front Systems, a company that accelerates the delivery of software to U.S. warfighters, today announced a partnership to help industry overcome barriers to entry and get innovative technology to the U.S. Department of Defense.
Navigating the Federal market can be challenging, costly, and time-consuming with no guarantee of results. The Chertoff Group provides insights, strategy development, market positioning and the tactical support companies need to achieve competitive advantage and accelerate growth. Our understanding of agency missions and requirements helps companies align products and services to government use cases and access relevant sales channels to scale in the Federal market.
Second Front Systems’ Game Warden DevSecOps platform and secure cloud hosting environment removes the burden from commercial software companies by enabling them to leverage our security controls and DoD-approved platform to accelerate software delivery. This happens in a matter of weeks, for a drastically lower cost than was typically the norm just a few years ago.
Aaron Roth , principal of The Chertoff Group said, “We are excited about our partnership with Second Front, and we look forward to using our collective expertise to deliver mission-ready technology that advances our Nation’s security interests. This partnership will enable companies to navigate the ‘valley of death’ and deliver innovative technology to the warfighters and security professionals.”
“This partnership will help speed the acquisition of critical new technology to the war fighter,” said Second Front Chief Revenue Officer Tyler Sweatt. “We’re proud to partner with Chertoff Group to provide a proven methodology, and trusted technology, to a defense acquisition system which all too often sees great technology languishing in the valley of death.”
About Second Front
Second Front Systems (2F) fast-tracks government access to disruptive, commercially proven software as a service (SaaS) applications for national security missions. Leading software providers—ranging from publicly traded defense contractors to startups—and government agencies trust 2F’s Game Warden DevSecOps platform and secure cloud hosting environment to accelerate their delivery and harness the cloud revolution at scale. Founded by former U.S. Marines, this public benefit, venture-backed software company is driven by firsthand experience of the dangers outdated technology poses in combat. For more information, visit https://secondfront.com/.
About The Chertoff Group
The Chertoff Group is a global advisory services firm that applies security expertise, technology insights, and policy intelligence to help clients build resilient organizations, gain competitive advantage and accelerate growth. Through its investment banking subsidiary Chertoff Capital, the firm provides M&A advisory services in global security markets and assists cyber and tech-enabled security companies raise capital to grow their enterprise. The Chertoff Group is headquartered in Washington, D.C. For more information, visit www.chertoffgroup.com.
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