CyberCore Technologies, an Elkridge, Md.-based provider of information technology services to the federal government and intelligence community, has been acquired by Moelis Capital Partners, the PE arm of Moelis & Co. from Roark Capital Group.
RBS Citizens, SunTrust Robinson Humphrey and Bank of America provided debt financing while Hancock Capital Partners Investment Management provided the mezzanine financing.
Co-founded in 2000 by Co-CEOs Kevin and John Powderly, CyberCore Technologies focuses on cyber security, systems integration and secure supply chain management. The company’s supply chain management services include the secure procurement, installation, integration and management of complex IT systems designed to streamline customers’ acquisition and refresh cycles. CyberCore also provides a full suite of IT managed services, including network engineering and architecture, systems engineering and lifecycle management.
The company currently employs more than 200 employees (mainly high-level engineers).