Investment firm CCP Capital Strategies has acquired technology company Executive Information Systems for an undisclosed sum.
CCP said Thursday it made the acquisition in partnership with EIS Founders Charles Mathews and Patrick Krause.
Washington, D.C.-based EIS has been providing software and related platforms for public sector clients for more than two decades in support of their missions. Its platforms are primarily used in data analytics for artificial intelligence and security.
David Collier, managing partner at CCP, said EIS fits with CCP’s strategy to support mission-oriented companies delivering technology platforms to government customers.
“We are excited to partner with Pat and Charles, both to continue to support their existing customer base and to address new analytics needs in the DoD and Intel markets,” Collier added.
FON Corporate Finance served as an adviser in the transaction.
CCP Capital is a private equity firm based in Greenwich, Connecticut, and is focused on investing in lower middle market companies in defense, aerospace and government sectors.