New Investor Group Acquires Federal Data Systems and Rebrands It as Clear Fracture LLC
November 14, 2024
Federal Data Systems LLC, formerly a component of FedData Group Holdings LLC, was acquired by a new group of investors and has been rebranded as Clear Fracture LLC. The company will focus on advanced data integration and AI-driven data engineering solutions, and has appointed Brian Frutchey as CTO to lead its technology strategy.
- Buyers
- New investor group
- Targets
- Federal Data Systems LLC (now Clear Fracture LLC)
- Sellers
- FedData Group Holdings LLC
- Industry
- Data & Analytics
- Location
- Virginia, United States
- Transaction Type
- Buyout
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