Peloton Strategies Group (http://www.pelotonsg.com) has announced today that our client Ragnarok Technologies of Reston, VA has been acquired by Case Consulting of Leesburg, VA. Ragnarok was advised by Peloton Strategies Group. G-Squared Capital Partners was the investment banking broker for the transaction..
Founded in 2015 and headquartered in Reston, Virginia, Ragnarok delivers specialized and tailored engineering and enterprise IT solutions across high demand areas including blockchain analysis, digital forensics, cloud infrastructure, and software development. Ragnarok’s three co-founders, Thomas Dougherty, Ethan Grambow, and Chris Santiago, will remain with the organization and assume key roles on CASE’s senior leadership team.
“Ragnarok has earned a strong reputation within the IT community for its exceptional technical expertise and unwavering commitment to its customers,” said Paul Farmer, CEO, CASE. “In addition to expanding our presence in the National Capital Region, leveraging Ragnarok’s advanced technical capabilities and cutting-edge infrastructure positions us to provide even deeper strategic insight to our clients.”
CASE is a portfolio company of AE Industrial, a private equity firm based out of Boca Raton, Florida.
About CASE
CASE is a founder-owned, leading provider of mission-critical technology services, delivers a broad range of next generation IT capabilities in cloud, cyber, and software development to solve its customers' most pressing and important national security challenges. Specifically, CASE provides high-end services including secure cloud architecture and analytics, software development and automation, systems engineering, and integration.
About Ragnarok Technologies
Ragnarok Technologies is a leading provider of IT services to federal and commercial clients, specializing in systems engineering, software development, cybersecurity, and program management. Driven by a commitment to purposeful innovation,
The terms of the transaction will not be disclosed.
About Peloton Strategies Group: Peloton Strategies Group is a full-service strategic planning organization focused on growth as well as buy-side and sell-side M&A consulting services.
Contacts:
Joel Richards, Partner
Charles Bobbish, Partner
Stacey Page, Partner
Mark Gardiner, Partner
Sean Keller, Partner
Tina Kuhn, Partner
Disclaimer:
The information in this press release is based upon information deemed to be reliable. Peloton Strategies Group makes no warranty as it the accuracy of this information. No commissions were paid to Peloton Strategies Group as a result of this transaction.