Fulcrum IT Services, LLC, has acquired the Corbin Company, a provider of information technology (IT) services and management consulting serving the intelligence community, military healthcare, and Army sensor development.
Terms of the deal were not disclosed. Both companies are based in Northern Virginia.
“The additional offerings in healthcare and human resources broaden our potential client base into two very important markets,” Jeff Handy, CEO of Fulcrum IT, said in a statement. “Additionally, the engineering services such as those provided to the Army’s Research, Development and Engineering Command bolster our existing innovative technology solutions that can deliver breakthrough technologies for the next-generation warfighter.”
Corbin’s customers include the Army Intelligence and Security Command and the Army Night vision Electronic Services Directorate. The company has prime contracts on the INSCOM Omnibus III contract and the Warrior Enabling Broad Sensor Services contract.
Fulcrum IT, a portfolio company of the private equity firm Boyne Capital and Grindstone Partners, has 350 employees. Corbin has 110 employees and 12 consultants.
The McLean Group served as Corbin’s financial adviser on the deal.