High Street Capital Buys Majority Stake in NeoSystems

Private equity firm High Street Capital has acquired a controlling interest in Tysons Corner Virginia-based business process outsourcing company NeoSystems for an undisclosed sum.

NeoSystems said Wednesday it will use the investment from High Street Capital to increase the number of new products, employees and channel offerings.

Michael Tinsley and Rob Wilson, co-founders of NeoSystems, will continue to lead the company as CEO and chief technology officer, respectively.

In a separate announcement, Chicago-based High Street Capital said the deal represents its fifth platform investment for Fund V.

The transaction comes nearly eight months after NeoSystems received Registered Provider Organization status in the Cybersecurity Maturity Model Certification program.

Sponsor

×

Stay ahead in GovCon

Join thousands of government contractors who rely on GovCon Wire for the latest updates in federal spending, bid opportunities, and compliance changes.

Whether you’re new to the space or scaling up, our brief keeps you informed and ready to act.

Email Address *

First Name *

Last Name

Position

Company

Related Articles

Air Force Awards 17 Spots on $7B CFT Labor Augmentation Support Contract

The U.S. Air Force has awarded 17 companies positions on a potential 10-year, $7 billion contract to provide contract field…

IonQ to Purchase SkyWater Technology to Form Full-Stack Quantum Platform

Quantum computing company IonQ has entered into a definitive agreement to acquire SkyWater Technology, a U.S.-based pure-play semiconductor foundry, in a cash-and-stock transaction valued…

Parsons Secures $593M FAA Option Extension Under Technical Support Services Contract 5

Parsons has received a $593 million contract extension from the Federal Aviation Administration through an early exercise of an option…

Daniel Marks Appointed VP of Contracts & Pricing at HII Ingalls Shipbuilding

HII has named Daniel Marks vice president of contracts and pricing at its Ingalls Shipbuilding division. What Are Daniel Marks’ Responsibilities in…

Leidos Strikes $2.4B Deal for Power Design Firm ENTRUST

Leidos has agreed to acquire power design firm ENTRUST Solutions Group from private equity firm Kohlberg for approximately $2.4 billion…

2026 AI Summit Confirms New Pentagon Chief AI Officer Cameron Stanley as Keynote

Potomac Officers Club has the privilege of announcing that Cameron Stanley, chief digital and artificial intelligence officer at the Department…

CBP Plans $100M Modular Mobile Surveillance System Contract

Customs and Border Protection is planning to solicit a new requirement for a Modular Mobile Surveillance System, or M2S2, program with…

VA Seeks Offers for Potential $700B CCN Next Gen Medical IDIQ

The Department of Veterans Affairs has started soliciting proposals for a potential 10-year, $700 billion multiple-award contract to provide Community…

USMS ITD Awards FORCE Task Order to NTT DATA

The U.S. Marshals Service Information Technology Division, or USMS ITD, has awarded NTT DATA a task order under an existing…

Booz Allen Hamilton Reports $2.6B Revenue, $38B in Backlog for Fiscal 2026 Q3

Booz Allen Hamilton has reported $2.6 billion in revenue, a 10.2 percent year-over-year decline, and a record backlog of $38…

Accenture Federal Services Names Garrett Berntsen Chief AI Officer

Accenture Federal Services has appointed Garrett Berntsen, a federal and industry technical leader, as chief artificial intelligence officer. The latest…

Why Emil Michael’s Defense R&D Summit Appearance Comes at a Pivotal Moment for Pentagon Innovation

Emil Michael’s influence over the Pentagon’s technology and innovation enterprise has expanded rapidly in recent months, placing him at the…

You’ve already read all related articles.

Executive Interviews