Home / M&A Activity / HIG Capital Takes Majority Stake in Iron Bow

HIG Capital Takes Majority Stake in Iron Bow

H.I.G Capital has purchased a majority interest in Iron Bow Technologies, an information technology products and services provider to federal customers.

The Miami-based private equity firm said Friday the deal marks its third government services market investment and it aims to help grow Iron Bow’s footprint in the public and private sectors.

Rene LaVigne will continue to lead the Herndon, Va.-based IT company as president and CEO.

Iron Bow seeks to maintain an “organic” investment approach and identify acquisition targets as part of portfolio expansion and diversification efforts, H.I.G. Capital noted.

Check Also

BAE Selected to Develop Cybersecurity Tools for DARPA’s SafeDocs Initiative

The Defense Advanced Research Projects Agency has awarded BAE Systems a contract to develop two cybersecurity tools designed to protect electronic files as part of DARPA's Safe Documents program.

Accenture’s Federal Unit to Support Army ERP System Under Potential $76M Contract

Accenture's (NYSE: ACN) federal services business has won a potential six-year, $75.8M hybrid contract to provide support services for the U.S. Army's unified enterprise resource planning system.