-

Govplace Acquired by Digital Capital Partners, Strengthening Support for Federal IT Modernization and Cybersecurity

BETHESDA, Md.--(BUSINESS WIRE)--Govplace, a leading provider of secure IT solutions for federal agencies, has been acquired by Digital Capital Partners (DigiCap), a private equity firm led by technology entrepreneur Jay Sunny Bajaj. This transaction represents DigiCap's first investment in the federal sector and positions Govplace for accelerated growth in the federal IT marketplace.

Govplace’s leadership team, including CEO Simone Feldman, will remain intact, ensuring operational continuity and a steadfast commitment to serving federal agencies. Under DigiCap’s partnership, Govplace will enhance its core offerings in IT modernization, cybersecurity, and operational optimization to address the growing demands of federal agencies navigating complex digital transformation challenges.

"This partnership marks an exciting new chapter for our company,” said Feldman. By joining forces with DigiCap, we're not only expanding our technical capabilities but also reinforcing our commitment to the culture of excellence that has made us both a trusted federal partner and an exceptional place to work.”

DigiCap’s investment strategy, grounded in their 4Cs framework—Company, Culture, Concept, and Capital—aligns closely with Govplace’s mission to deliver secure, resilient, and cost-effective solutions to federal agencies. "Govplace brings a powerful combination of innovation, expertise, and passion to its customers, and we are honored to partner with them in this next chapter of growth," said Jay Sunny Bajaj, Founder and CEO of DigiCap. "We look forward to working closely with Simone and the incredible team at Govplace to build on their success and further strengthen their impact in the federal IT landscape."

About Govplace

Govplace empowers federal agencies with innovative, secure technology solutions and services that drive IT modernization and cybersecurity excellence, delivering insights to solve tomorrow's challenges. As a trusted partner, we specialize in IT Modernization, Cybersecurity, and Optimization, transforming federal IT systems into efficient, scalable infrastructures that enhance operational performance and fortify against evolving cyber threats. Our expertise in modernization, security, and optimization, augmented by our actionable insights derived from industry partnerships and extensive federal agency knowledge, enables our customers to deliver secure, resilient, and cost-effective services that meet the highest standards of national security and compliance.

About Digital Capital Partners

DigiCap is a private, direct investment firm that redefines the ethos of how investments are made in companies and concepts in our bold new digital world by transforming innovative ideas into successful realities. Employing a partnership approach, DigiCap has experience in public, private and international sectors, with a proven history of closing over 30 transactions over the past two decades by believing that success is driven by passion and people, not just strategy. DigiCapLLC.com

Contacts

Media Contact
Gabriela Miranda
Marketing Manager, Govplace
gmiranda@govplace.com

Industry:

Govplace

Release Versions
English

Contacts

Media Contact
Gabriela Miranda
Marketing Manager, Govplace
gmiranda@govplace.com

More News From Govplace

Josh Weiner Joins Govplace as Executive Vice President of Sales

BETHESDA, Md.--(BUSINESS WIRE)--Govplace is pleased to announce the appointment of Josh Weiner as our Executive Vice President of Sales. With an extensive background in sales leadership and a deep passion for serving the Public Sector, Josh brings a wealth of experience in building and guiding high-performing teams to drive growth and deliver exceptional results. "I’m beyond excited to join Govplace and work alongside a leadership team I’ve known and respected for years. This is a group of pass...

Govplace Ranked #1 on Best Companies to Work for in Maryland 2024

BETHESDA, Md.--(BUSINESS WIRE)--The Daily Record has named Bethesda-based Information Technology solutions provider Govplace as No. 1 on its esteemed “The 2024 Best Companies to Work for in Maryland” list. This annual list is a notable recognition celebrating organizations committed to excellence. This is Govplace’s second consecutive year ranking in the top five of this prestigious list. Govplace’s dynamic, people-first culture drives everything we do, from designing and implementing secure IT...

Govplace Secures Second U.S. Citizenship and Immigration Services Commercial Cloud BPA Valued at an Estimated $566M

BETHESDA, Md.--(BUSINESS WIRE)--Govplace, a prominent cloud and IT solutions provider specializing in the public sector, is thrilled to announce it has been awarded a significant prime commercial cloud hosting Blanket Purchase Agreement (BPA) with the U.S. Citizenship and Immigration Services (USCIS), a vital component of the Department of Homeland Security (DHS). Under this BPA, Govplace will facilitate USCIS with uninterrupted access to cutting-edge, secure, and scalable cloud computing envir...
Back to Newsroom