AITC Announces Strategic Partnership with FVLCRUM to Accelerate Growth and Drive Innovation
Gracie Gottlieb | 29 September, 2023
Advanced IT Concepts (AITC), a leading provider of cutting-edge technology solutions to defense and federal agencies, has recently announced a strategic partnership with FVLCRUM, a private equity firm focused on impact and growth. This partnership aims to fuel AITC's expansion and innovation efforts as they continue to deliver state-of-the-art services to government agencies.
Since its establishment in 2006, AITC has grown its services and reach, offering IT infrastructure, Cyber Security, Live Training, Medical Simulation, Military Intelligence, and more to clients worldwide. Notable achievements include securing contracts such as ATMP, KSA, TEIS III, and IMCS IV.
To propel AITC's growth further, the company has joined forces with FVLCRUM, a private equity firm with extensive experience working with government contracting companies. FVLCRUM's investment will provide AITC with the necessary resources and expertise to support their ongoing expansion while remaining dedicated to their customers and employees.
Gabriel Ruiz, LTC, USA (Ret), founder of AITC and now the Company's Managing Principal, expressed his excitement about the partnership, stating, "We are thrilled to partner with FVLCRUM and continue our journey as a premier service provider to government agencies. FVLCRUM's investment will enable AITC to rapidly expand our efforts in digitally protecting and transforming the infrastructure of government agencies in the United States and around the world. We look forward to creating new opportunities for our customers."
David E. Gardner assumes the role of CEO and President at AITC, ensuring the company's ongoing commitment to delivering high-quality services and customer-focused solutions.
Ruiz expressed his gratitude to everyone who contributed to AITC's success, saying, "I want to express my appreciation to all those who have made this significant moment possible. Welcome to AITC's future!"
Align BA served as the financial advisor to AITC throughout this partnership.
About Advanced IT Concepts (AITC) LLC:
Advanced IT Concepts, Inc. (AITC) LLC is an Information Technology (IT) and Training Solutions Systems Integrator specializing in the federal government and the Department of Defense (DoD). With a presence in various countries like Germany, Belgium, Korea, Honduras, Saudi Arabia, Morocco, as well as multiple locations within the United States, AITC offers comprehensive solutions and a truly global reach to its customers.
About FVLCRUM Funds (FVLCRUM):
FVLCRUM is a private equity firm that invests in diverse-owned companies, aiming to create sustainable opportunities for underserved communities. FVLCRUM combines impact and alpha, delivering investment returns while fostering social change.
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