Sev1Tech, LLC has Aquired Engineering Solutions and Products, LLC

Sev1Tech, LLC has Aquired Engineering Solutions and Products, LLC

September 13, 2019

Sev1Tech has acquired Engineering Solutions and Products (ESP), a premiere provider of C4ISR-focussed solutions supporting the U.S. Army’s vital warfare priorities. The acquisition will allow Sev1Tech to expand its portfolio of services offerings, engage with new federal agencies and commercial customers, and extend its geographical footprint to more than 30 U.S. states and international locations.

 “Enhancing Sev1Tech’s Enterprise Core IT capabilities with ESP’s long legacy of C4ISR and tactical field experience will allow us to offer a broader range of modernization services to our DHS and DOD customers,” says Bob Lohfeld, CEO of Sev1Tech. “As part of our mid-tier strategy, this transaction provides Sev1Tech with unique fielding and tactical capabilities. We are excited to demonstrate our commitment to customer service and introduced our enhanced IT capabilities for the U.S. Army.”

We have a great team of experts dedicated to supporting our customer’s missions and a proven ability to deliver results,” said Doug Fouser, former ESP CEO. “We are confident that this acquisition will ensure the continued success of our business moving forward. Sev1Tech’s corporate culture, variety of service offerings, and emphasis on providing excellent customer service provides the ESP team with the right blend of growth and opportunity for the future.”

DFW Capital and I are so excited to have Enlightenment capital as part of the Sev1Tech team,” says Bob Lohfeld, CEO of Sev1Tech. “They bring additional depth and knowledge in our space as well as a track record of building the best mid-tier company in the marketplace.”

Source: Sev1Tech



Author : Meha Prasad

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