Xenith Solutions Buys Federal IT Services Provider TRI-COR Industries

Xenith Solutions Buys Federal IT Services Provider TRI-COR Industries
Xenith Solutions

Xenith Solutions has purchased TRI-COR Industries, an enterprise business and information technology services provider headquartered in Alexandria, Virginia, for an undisclosed sum.

Reston, Virginia-based Xenith said Wednesday it will operate TCI as a wholly owned subsidiary under the transaction, which includes TCI’s customer contracts, industry certifications, team members and other assets.

TCI was founded by President Louis Gonzalez in 1983 and provides enterprise applications development and sustainment, enterprise data services, IT service management, cybersecurity, professional services and infrastructure engineering and sustainment support to federal and local government agencies.

Lee Shabe, a founding partner at Xenith Solutions, said the company looks forward to see the work the combined Xenith-TCI teams will achieve together.

Xenith Solutions is a service-disabled veteran-owned small business focused on providing business consulting, enterprise platforms, data, software and application platforms to customers in defense and civilian markets.

You may also be interested in...

F-35 Lightning II

State Dept OKs Potential $10B Sale of Lockheed-Made F-35s to UAE

The State Department informed Congress it approved the United Arab Emirates’ request to buy 50 Lockheed Martin-built (NYSE: LMT) F-35 fighter jets under a potential $10B deal, Reuters reported Friday. The potential foreign military sales deal will move to an informal review by the House Foreign Affairs and Senate Foreign Relations committees.

strategic partnership

DC Capital Aims to Help HTSI Grow Gov’t Footprint via Strategic Partnership

Private equity firm DC Capital Partners has entered into a strategic partnership agreement with Huntsville, Alabama-based system engineering company Hill Technical Solutions Inc. aimed at helping expand the latter's customer base and support work in the government sector.