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GAITS Receives Minority Investment From FedCap Partners


News provided by

FedCap Partners, LLC

Jun 21, 2011, 03:47 ET

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RESTON, Va., June 21, 2011 /PRNewswire/ -- Global Analytic Information Technology Services, LLC (GAITS), a premier provider of information technology, energy technology, and cybersecurity solutions to the Department of Energy and other federal government customers, has received a minority investment from FedCap Partners, LLC.

"GAITS has a very attractive position in the expanding federal energy market with contracts at multiple DOE National Laboratories," stated Leslee Belluchie, Managing Member of FedCap Partners. "The management team at GAITS has a history of client satisfaction and we are excited about partnering with GAITS to grow the company's footprint at DOE."

GAITS was founded in 1997 by Tony Asefi and Thomas Asefi and currently has approximately 300 employees, the majority of whom have DOE security clearances. GAITS holds multiple ISO certifications, including the ISO certifications specific to cybersecurity and ITIL, which drive the company's focus on customer satisfaction and continuous improvement.

Thomas Asefi, CEO of GAITS, added, "We are excited about the partnership with FedCap Partners and the collective approach to accelerate our growth within DOE National Labs and cybersecurity.  We believe this investment will not only provide us with the financial resources to expand our operations to meet the growing demand for the energy markets, but will also further enhance our capabilities for strategic acquisitions within the energy markets."

In conjunction with the investment, Ms. Belluchie has joined the company's Board of Directors. GAITS has also attracted key executive hires following FedCap Partner's investment, including a President & COO and a Senior Vice President of Finance.

More information on FedCap Partners can be found at www.FedCapPartners.com.

SOURCE FedCap Partners, LLC

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