Private equity, Enterprise, Mergers and Acquisitions, Vertical markets

Federal Advisory Partners Acquires Favor TechConsulting

Washington DC United States government skyline silhouettes of the White House, the United States Capitol Building and the Supreme Court.

Washington DC United States government skyline silhouettes of the White House, the United States Capitol Building and the Supreme Court.

Federal Advisory Partners, backed by private equity firm Sagewind Capital, has acquired Favor TechConsulting (FTC). Together, the government IT consulting firms will offer digital transformation, cybersecurity and threat detection services to federal agencies. Financial terms of the transaction were not disclosed.

This is technology M&A deal number 118 that ChannelE2E has covered so far in 2022.

Government IT Consulting: FAP, FTC Business Backgrounds

FTC is an IT solutions and services provider serving federal government agencies across the civil, defense and intelligence landscape since 2007. The company is headquartered in Vienna, Virginia with additional offices in Bethesda, Maryland and Arlington, Virginia. The company specializes in agile transformation, IT infrastructure and modernization, cybersecurity and threat detection, data science and analytics and intelligence engineering and operations, according to its website.

Federal Advisory Partners of Arlington, Virginia, is a strategy, advisory and analytics consulting firm that provides consultative services to public sector organizations including federal healthcare agencies and has expertise in revenue cycle management and financial systems, according to the firm.
Benjamin Lin, president, Favor TechConsulting
Tim Borchert, CEO, F|A|P

Benjamin Lin, president of FTC, commented on the news:

“FTC is a recognized leader in delivering robust, scalable, and transformative digital solutions and consulting services that allow our customers across the federal sector to evolve their IT ecosystems, optimize value streams, and enhance business agility. This new partnership enables us to aggressively pursue our long-term growth strategy, explore market expansion through potential acquisitions, and enhance our offerings for advanced, full-cycle digital services. Our commitment to our customers is unwavering, and we look forward to expanding our capabilities while retaining the agility and entrepreneurial culture that our employees and customers have grown accustomed to over more than a decade.”

F|A|P CEO Tim Borchert added:

“FTC and F|A|P are both leaders in our markets today and are strategically aligned to deliver innovative solutions to tackle some of the most complex challenges facing our government clients. Together, FTC and F|A|P will deliver a powerful combination of advisory services and technology, continuing to leverage our deep industry expertise, leading technical know-how, and commitment to service. We look forward to the next chapter of growth as the two companies work together to scale and bring deep expertise and diverse capabilities to better serve our customers into the future.”

Government M&A Activity

M&A activity among government-focused IT solutions providers, consultants and MSPs has remained steady and strong. Here’s a complete list of government-focused IT consulting M&A deals.

Sharon Florentine

Sharon is a master technology storyteller and editor with omnichannel experience: books and print magazines, digital, webcast, blogging, podcast, live events and video and associated brand-specific social media content. From 1999 to 2003, she acquired and edited technology books and certification exam prep guides.

After a year spent in publicity and editorial at mass-market book publishers, she returned to tech publishing and, since 2004, explored B2C and B2B news, issues and trends in consumer, lifestyle, software, software development, AI, ML, networks, big data, hardware, security, storage, cloud, equity, inclusion, diversity, women in tech, career development, IT management, H-1B visa issues and immigration, education, training and learning.

Her previous role was as the managing editor at Techstrong Group in charge of Cloud Native Now, DevOps.com, Security Boulevard and Techstrong ITSM and their brand-specific social media. She currently serves as editorial director for CyberRisk Alliance’s channel brands, ChannelE2E and MSSP Alert and acting editorial director for SC Media UK. Drop me a note and let’s talk!

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