MARLBOROUGH, Mass.: xFact, a leading provider of technology and digital transformation solutions to the public sector, today announced the acquisition of Stonewall Solutions (“Stonewall”), a Massachusetts- and Rhode Island-based provider of custom technology solutions to state and local government. The combination expands xFact’s service offerings, adds new mission-critical capabilities, and deepens the platform’s footprint across the Northeast and adjacent markets.

Founded in 2004, Stonewall is a trusted provider of innovative technology solutions to government, law enforcement, higher education, and commercial organizations. The company supports its clients through a portfolio of capabilities spanning IT modernization and digital transformation, Microsoft 365 services, custom application development, technology consulting, case and content management, and cloud and hosting services. Stonewall serves customers across Massachusetts, Rhode Island, Maine, Mississippi, and Vermont. Together, xFact and Stonewall now serve a broader base of clients with an expanded suite of capabilities spanning public safety and criminal justice, health and human services, broader state and local government, and advanced technology operations.

“For more than 20 years, our team has been focused on building technology that helps state and local government agencies serve their communities better,” said John Condon, President and Chief Executive Officer of Stonewall. “Joining xFact gives our people and our clients access to a broader platform, deeper technical expertise, and the scale to take on more ambitious projects without changing the customer-first approach that has defined our company since day one.”

“Stonewall is exactly the kind of partner we set out to build with,” said Jeff Valentine, Chief Executive Officer of xFact. “Their team brings deep technical talent, long-tenured customer relationships, and a set of capabilities, particularly in IT modernization and content and case management, that complement and extend what xFact does today. Together, we’re building a more comprehensive partner for the agencies and institutions that depend on technology to deliver essential services.”

Renovus Capital Partners, a private equity firm focused on the Knowledge and Talent sectors, is the majority owner of xFact and provided strategic and financial support for the transaction.

“This acquisition reflects the platform strategy we underwrote when we partnered with xFact – building a scaled, differentiated technology services provider for the public sector through both organic growth and disciplined M&A,” said Jason Tanker, Managing Director at Renovus Capital Partners. “Stonewall brings highly skilled professionals, durable customer relationships, and complementary capabilities to the platform.”

With the addition of Stonewall, xFact further strengthens its position as a premier technology partner for public institutions – delivering secure, scalable, and innovative solutions across an expanded set of verticals and geographies.

About xFact

xFact partners with public institutions to design, integrate, secure, and sustain mission-critical technology systems that communities rely on. Headquartered in Massachusetts, xFact serves clients across public safety and criminal justice, health and human services, education and broader state and local government. xFact has a 25-year track record of accelerating digital transformation, strengthening cybersecurity, and providing a range of managed services.

About Stonewall

Founded in 2004, Stonewall Solutions is a trusted provider of innovative technology solutions tailored to meet the needs of government, law enforcement, education, and commercial organizations. Stonewall delivers IT modernization and digital transformation, Microsoft 365 services, custom application development, technology consulting, case and content management, and cloud and hosting services to customers across the Northeast and beyond. The company is headquartered in Marlborough, Massachusetts. Learn more at www.stonewallsolutions.com.

About Renovus Capital Partners

Founded in 2010, Renovus Capital Partners is a lower middle-market private equity firm specializing in the Knowledge and Talent industries. From its base in the Philadelphia area, Renovus manages over $2 billion of assets across its several sector-focused funds. The firm’s current portfolio includes over 30 U.S.-based businesses specializing in education and workforce development and services companies in the technology, healthcare, and professional services markets. Renovus typically makes control buyout investments in founder-owned businesses, leveraging its industry expertise and operator network to make operational improvements, recruit top talent, and pursue add-on acquisitions. Visit us at www.renovuscapital.com and follow us on LinkedIn.

Fonte: Business Wire