FVLCRUM Funds Acquires Advanced IT Concepts (AITC)

October 20, 2023

Private equity firm FVLCRUM Funds has completed the acquisition of Advanced IT Concepts, Inc. (AITC), a Winter Springs, Florida-based IT systems integrator and federal government contractor specializing in cybersecurity and systems engineering. FVLCRUM intends to use AITC as a platform to build scale in cybersecurity and IT systems integration for government and DoD customers, supporting accelerated growth and expanded capabilities.

Buyers
FVLCRUM Funds (FVLCRUM Partners)
Targets
Advanced IT Concepts, Inc. (AITC)
Sellers
Gabriel Ruiz (owner of AITC)
Industry
IT Services
Location
Florida, United States
Transaction Type
Buyout

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