Arlington Capital Partners Agrees to Sell Octo to IBM

▤ Summary

We have created an organization focused on digital transformation with modernization missions at scale ranging from public healthcare, to national security, to intelligence & defense. Octo’s combination with IBM affords our clients and our nearly 1,500 employees the unique opportunity to expand and accelerate that vision – with the global reach of one of the world’s pre-eminent brands and largest technology firms.” Ben Ramundo, Vice President at Arlington Capital, said “ Over the last three years, Octo significantly increased its R&D and capital spending, leading to the development of new proprietary solutions, integration of code from acquired entities, and the establishment of its flagship oLabs development center. Arlington Capital Partners is a Washington, DC-based private equity firm with approximately $7 billion of assets under management via six investment funds. The firm’s professionals and network have a unique combination of operating and private equity experience that enable Arlington to be a value-added investor. With a mission and service first mentality, we provide Agile, DevSecOps, Artificial Intelligence, Cybersecurity, Blockchain, Cloud, Open Source, and Data Science solutions, collaborating to solve customers’ pressing problems.

▦ Linked Companies

IBM

$1B+