Benchmark International Successfully Facilitated the Transaction Between Quotient, Inc. and Virtual Technologies Group
Summary
"Quotient President and Co-Founder Clark Lare built a gem of a company in the Federal-IT space, with long-standing relationships at key federal agencies providing highly skilled services to some of our nations most critical mission sets," commented Benchmark Senior Transaction Director William Sullivan. "We brought this opportunity to market fully understanding its differentiated sector position, and we were well aligned with our client in finding the best combination of cultural fit and enterprise value. "Founded in 1999 by Clark and Jodi Lare, Quotient provides customized IT solutions to US federal agencies, including systems integration, full-stack software development, cyber security, project management, scheduling, and operational support. VTG prioritizes partner-based relationships to deliver tailored solutions and has continued to adapt alongside rapidly developing technological advancements since its inception.The transaction was backed by New York, NY-based Jacmel Partners, a private investment firm targeting family-operated, lower middle-market companies. The firm focuses on combining traditional private equity best practices with low-cost, high-impact strategies that promote growth while also benefiting employees and their communities.Americas: Sam Smoot at +1 (813) 898 2350/ Smoot@BenchmarkIntl.comEurope: Michael Lawrie at +44 (0) 161 359 4400 / Lawrie@BenchmarkIntl.comAfrica: Anthony McCardle at +27 21 300 2055 / McCardle@BenchmarkIntl.comAbout Benchmark International:Benchmark International is a global M&A firm that provides business owners with creative, value-maximizing solutions for growing and exiting their businesses.