Bluestone-backed Intrepid Solutions and Services Acquires BWM Outcomes

Bluestone Investment Partners Invests in Intrepid Solutions and Services, Inc.

November 5, 2019

Government & Public Sector

Bluestone Investment Partners completed an investment in Intrepid Solutions and Services, a Sterling, Virginia-based provider of enterprise IT, data analytics, and operational training to the U.S. Intelligence Community. The transaction included a co-investment from Route 2 Capital Partners (an SBIC), and Bluestone said the capital will support Intrepid’s organic growth and M&A-led expansion as a platform in the government services market.

Intrepid Solutions Acquires Darkblade Systems

January 19, 2022

Cybersecurity

Intrepid Solutions and Services LLC completed the integration of its acquisition of Darkblade Systems Corp., expanding Intrepid's capabilities in SIGINT, electronic warfare, cybersecurity, unmanned aircraft systems and counter-UAS. The deal strengthens Intrepid's offering to the U.S. Intelligence Community and Department of Defense and includes leadership promotions as part of the integration.

Bluestone Investment Partners Invests in CTI

May 25, 2021

Aerospace & Defense

Bluestone Investment Partners completed an investment in CTI, a developer of open-source command-and-control, electronic warfare, and cyber-spectral solutions for U.S. military and intelligence customers. The partnership will provide capital and strategic support to help CTI scale its open-architecture systems and expand its mission-focused offerings across Department of Defense and special operations customers.

CIS Secure Acquires Intrepid Solutions and Services

August 3, 2022

Cybersecurity

HKW portfolio company CIS Secure Computing, Inc. acquired Intrepid Solutions and Services, LLC to expand its information technology modernization, data analysis/cybersecurity, and intelligence training capabilities for defense and intelligence customers. The deal, announced August 3, 2022, creates a vertically integrated organization combining CIS Secure's secure collaboration and tactical communications technology with Intrepid's services expertise; financial terms were not disclosed.

Bluestone Investment Partners Makes Strategic Investment in Valiant Solutions, LLC

December 18, 2024

Cybersecurity

Bluestone Investment Partners has made a strategic growth investment in Valiant Solutions, LLC, a federal cybersecurity provider headquartered in Henderson, North Carolina. The transaction will support Valiant's next phase of growth — including new executive hires George Wilson and Tom Weston — while founder Matt Raydo remains to lead business development and customer continuity.

Intrepid Solutions Acquires Business Unit of Delta Solutions and Strategies

May 6, 2020

Government & Public Sector

Intrepid Solutions and Services, LLC completed the acquisition of a business unit of Delta Solutions and Strategies, LLC, including the GSA OASIS Pool 4 contract vehicle (novation completed May 2, 2020). The deal expands Intrepid's federal contract portfolio and represents the company's second acquisition since receiving an investment from Bluestone Investment Partners less than a year earlier.