Fulcrum IT Services Acquires The PTR Group

February 20, 2018

Fulcrum IT Services, a portfolio company backed by Boyne Capital and Grindstone Partners, has acquired The PTR Group, an engineering services firm specializing in embedded systems, cybersecurity, real-time and IoT engineering. The acquisition expands Fulcrum’s cyber capabilities and its presence in R&D and intelligence markets, adding clients such as DARPA, NGA, the Naval Research Laboratory and NASA.

Buyers
Fulcrum IT Services, LLC, Boyne Capital, Grindstone Partners
Targets
The PTR Group
Platforms
Fulcrum IT Services, LLC
Industry
IT Services
Location
Virginia, United States
Transaction Type
Addon

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