It’s exciting to share the news of our new funding round. It let us bring onboard some amazing investors and funds for further growth, along with setting the company valuation at $8.5B — a pretty big number. When you look at this valuation, and consider these smart investors expect it to grow substantially, you may wonder — how can this market be big enough to support these numbers? I would say the real question is — how can it not be?
TYSONS CORNER, Va., September 8, 2021 – NeoSystems, a full service strategic outsourcer, IT systems integrator and managed services provider to the government contractor market, announced today that it is being acquired by High Street Capital, a Chicago-based private equity firm. Financial terms of the deal were not disclosed. The company will continue to be led by NeoSystems CEO and Co-Founder, Michael Tinsley, and Co-Founder and CTO, Rob Wilson, along with its current management team.