Benchmark International Facilitates Strategic Acquisition Between Quotient, Inc. and Virtual Technologies Group

Benchmark International has successfully facilitated a transaction between Columbia, MD-based Quotient, Inc. ("Quotient") and Maumee, OH-based Virtual Technologies Group ("VTG"). Quotient is known for providing a wide range of device-agnostic digital solutions for federal clients. The successful acquisition is a significant development in the Federal-IT and cybersecurity sectors.

Quotient President and Co-Founder Clark Lare has built a reputable company in the Federal-IT space, establishing long-term relationships with key federal agencies and providing highly skilled services essential to some of the nation’s most critical mission sets. Benchmark Senior Transaction Director William Sullivan stated, "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. After a highly selective process, VTG emerged as clearly the best fit, with a strong plan for future growth and a highly complementary team and structure. We are very excited for the entire Quotient team."

Founded in 1999 by Clark and Jodi Lare, Quotient provides customized IT solutions to US federal agencies. Their services include systems integration, full-stack software development, cybersecurity, project management, scheduling, and operational support. The company employs a diverse team of developers, engineers, managers, SMEs, and systems administrators with a wide range of certifications, including CISSP, PMP/PMP-SI, RHEL CE/SA, Security+, CSM, and ITILv3.

Virtual Technologies Group, founded in 1962, is a single-source IT solutions provider specializing in cybersecurity, infrastructure management, and IT-managed services. VTG focuses on building partner-based relationships to deliver tailored solutions and has adapted alongside rapidly developing technological advancements since its inception.

The transaction was supported by New York, NY-based Jacmel Partners, a private investment firm targeting family-operated, lower middle-market companies. Jacmel Partners aims to combine traditional private equity best practices with low-cost, high-impact strategies that promote growth while also benefiting employees and their communities.

This acquisition signifies a strategic alignment that leverages the strengths of both Quotient and VTG. The collaboration is expected to enhance the service offerings and market reach of both entities, benefiting federal clients with improved IT and cybersecurity solutions. As private equity firms like Jacmel Partners continue to support strategic acquisitions in the IT sector, the industry can anticipate further advancements and growth in technological innovation and service delivery.