RESTON, Va., June 30, 2011 /PRNewswire/ -- FedCap Partners, LLC, a private equity fund, through its holding company National Security Partners, Inc., acquired Point One, LLC and FuGEN, Inc. (collectively "Point One") from XeDAR Corporation.
Point One, headquartered in Arlington, Virginia, provides cybersecurity policy development, as well as strategic planning and operations support to the U.S. Intelligence and Defense Community.
"Point One is at the leading edge of supporting the shaping and forming of cybersecurity policy to protect our nation and its information infrastructure. We are impressed with the work they are performing for our country's national security. We look forward to supporting the company's growth and providing employees with the opportunity to do meaningful work with paths for professional development," stated Rick Knop, Managing Member of FedCap Partners.
In conjunction with the acquisition, Leslee Belluchie, Managing Member of FedCap Partners, has been named Chairman of the Board of Point One and National Security Partners.
Point One's President, Brigadier General (ret.) J.O. McFalls stated, "Teaming with FedCap Partners will significantly benefit our customers, partners, and employees. With access to additional resources and our new relationship with FedCap Partners, we look forward to continuing to provide the superior service that our customers have come to expect from Point One."
FedCap Partners, headquartered in Reston, Virginia, is a private equity group exclusively focused on making minority or majority investments in small and middle market government contractors. Since launching in early 2010, FedCap Partners has made four investments. More information on FedCap Partners can be found at www.FedCapPartners.com.
SOURCE FedCap Partners, LLC
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