IT Services Contractor Procentrix Gets Investment From Macquarie Capital; Mike Hughes Quoted – GovCon Wire

Sign Up Now! GovCon Wire provides you with Daily Updates and News Briefings
*By clicking “Join us now” you agree to receive email, promotions and general messages from GovCon Wire, In addition, you also agree to GovCon Wire Privacy Policy and Terms & Conditions.
Procentrix, a Herndon, Virginia-based information technology modernization platforms provider, has partnered with and secured a capital investment from Macquarie Group’s principal investment and advisory arm.
“This partnership will help Procentrix significantly expand its capabilities, customer base and enable us to pursue new growth avenues,” Mike Hughes, president and CEO of Procentrix, said in a statement published Monday.
Procentrix provides low-code software development, cloud services, process automation, application development, mobile enablement, data and analytics and other IT modernization support services to federal civilian, defense, homeland security, state and local government agencies.
Jared Doskow, managing director at Macquarie Capital Principal Finance, said Procentrix delivers technologies that serve as “important catalysts” that enable federal civilian and other government agencies to improve efficiency and work faster.
Procentrix marks the third federal services investment by Macquarie Capital in the U.S.
Sign Up Now! GovCon Wire provides you with Daily Updates and News Briefings about Technology
The premier source of breaking business news for the government contracting industry, GovCon Wire provides informative, to-the-point stories of the most significant contract awards, top-level executive moves, M&A activities and financial results of the sector’s most notable players.
GovCon Wire is always on top of the most recent contracting sector activity and is updated in real time as the news breaks.
Important URLs:
About usGovernment Contracting FAQGuest Contributions

Understanding CMMC Compliance