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NewSpring Holdings Acquires Bridge Core to Launch Intelligence Services Platform

July 26, 2023

Government & Public Sector

NewSpring Holdings, the majority investment strategy of private equity firm NewSpring, has acquired Bridge Core, a provider of visual intelligence, cybersecurity, and technical solutions to the U.S. intelligence community. NewSpring intends to use Bridge Core as the foundation of a buy-and-build platform, supporting disciplined M&A and organic growth to create a full‑spectrum, technology‑enabled intelligence company.

IntelliBridge Acquires Alethix LLC

February 2, 2021

IT Services

McLean-based IntelliBridge Inc. has acquired Fairfax-based Alethix LLC in a deal that was not disclosed publicly. The acquisition doubles IntelliBridge's workforce to roughly 600 employees and expands its enterprise systems engineering, DevSecOps and cloud modernization capabilities for federal clients. IntelliBridge is a platform backed by private equity firm Enlightenment Capital.

Bridge Core Federal Acquires GeoYeti LLC

September 5, 2023

Data & Analytics

Bridge Core Federal, a NewSpring Holdings platform company, has acquired GeoYeti LLC, a government services firm specializing in advanced analytics, data science, and application development. The acquisition strengthens Bridge Core's data and analytics capabilities and integrates GeoYeti's Analysis-as-a-Service approach to better serve the intelligence community and other federal mission partners.

Bcore Acquires 2 Twelve Solutions

May 2, 2024

IT Services

Bcore, a NewSpring Holdings platform company, has acquired 2 Twelve Solutions to bolster its rapid prototyping, digital transformation, cloud, and cybersecurity capabilities for Department of Defense and Intelligence Community customers. The add-on strengthens Bcore's end-to-end engineering lab capabilities and expands its mission-focused technology services to federal agencies.

Lockstep Technology Group Acquires BridgeTek Solutions

November 11, 2021

Education

Lockstep Technology Group, a Renovus Capital Partners portfolio company, has acquired BridgeTek Solutions, a Piedmont, South Carolina-based provider of education IT solutions. The deal expands Lockstep's education-focused service offerings — including cybersecurity, managed services, devices, VR and cloud solutions — and accelerates its geographic reach across the Southeast.

Trowbridge & Trowbridge Acquires IntelliWare Systems

March 5, 2020

Government & Public Sector

Enlightenment Capital-backed Trowbridge & Trowbridge has acquired Fredericksburg-based IntelliWare Systems and combined the businesses under the new name IntelliBridge. The combined firm will offer cloud, cyber, intelligence and digital services to defense, intelligence and federal civilian customers and has more than 600 employees; several leadership appointments were announced following the deal.