DC Capital Partners Makes Majority Investment in Applied AI Platform Knexus

Knexus Acquires S4

July 24, 2025

Cybersecurity

Knexus, a Vienna, Virginia–based provider of AI solutions to the U.S. federal government, has acquired S4, a Bedford, Massachusetts provider of enterprise IT, cybersecurity, and intelligence analysis services. The deal combines Knexus' AI capabilities with S4's cybersecurity and IT delivery to expand end-to-end AI-enabled solutions and improve mission-focused support for federal customers.

DC Capital Partners Acquires AstreaX

May 10, 2024

Government & Public Sector

DC Capital Partners Management, LP has made a controlling investment in AstreaX, a provider of software development and implementation services for DMV and government IT modernization. The investment will support AstreaX's expansion of its IT modernization offerings, digital identity and super-portal solutions across additional state and provincial jurisdictions.

Source Capital Provides Debt Financing to Nexus Cognitive Solutions to Support Add-on Acquisition

November 23, 2021

AI & Machine Learning

Source Capital, via its credit fund (Source Capital Credit Opportunities IV, LP) and its SBIC fund, has made an investment in Nexus Cognitive Solutions by providing debt financing to support Nexus’s acquisition of a cloud solutions and software development services provider. Nexus Cognitive Solutions, a service-disabled veteran-owned AI, data analytics and software-development firm headquartered in Addison, Texas, will use the financing to deepen its cloud, systems-integration and software development capabilities and accelerate growth in the public sector and enterprise markets.

Nexa Equity Makes Strategic Growth Investment in Cedar AI

November 1, 2025

Logistics & Distribution

Nexa Equity, a San Francisco-based private equity firm, has made a strategic growth investment in Cedar AI, an AI-powered transportation management system serving railroads and rail shippers. The investment will support Cedar AI’s product development and commercial expansion from its headquarters in Seattle, Washington.

CapNexus Launches with Acquisition of Makira

March 4, 2026

IT Services

CapNexus launched as a new enterprise and retail technology consulting and managed services company, formed by combining Capstone Integrated Solutions, RPE Solutions, and acquiring retail implementation and integration firm Makira. The acquisition is intended to strengthen CapNexus’ retail execution capabilities while expanding cloud, AI, AWS consulting, and managed services offerings.

KBR Strategic Investment in Applied Computing to Co-Develop Energy AI Products

March 29, 2026

AI & Machine Learning

KBR announced a strategic investment in Applied Computing, an AI foundation model developer focused on energy and industrial markets. Alongside the investment (including a board position), the parties entered a multi-year joint development agreement to co-create exclusive AI products for the energy sector by integrating Applied Computing’s Orbital model with KBR’s licensed process technologies and domain expertise.