Acentia Strengthens Financial Services Business with Acquisition of InSysCo
FALLS CHURCH, Va. – November 12, 2013 – Acentia announced that it has completed the acquisition of InSysCo, an information technology (IT) services provider to Federal Government financial-related customers. InSysCo’s President Danielle Johnson will serve as Sr. Vice President and Sector Executive, leading Acentia’s new Financial Services Sector.
For more than 20 years, InSysCo has provided software development solutions and key institutional knowledge and expertise to its customers. The company has a unique employee base comprised of exceptional technical and industry experts who have extensive experience in large IT systems modernization, software development, and operations and maintenance. InSysCo is appraised at CMMI Level 3 for Software Development and is a prime contractor on the Treasury Information Processing Support Services 4 Contract (TIPSS-4) IDIQ.
“The acquisition of InSysCo significantly strengthens Acentia’s software development and IT systems modernization capabilities—key growth areas for the company—for financial services and other customers. Additionally, there are strong systems development and maintenance synergies between InSysCo and Acentia,” said Acentia CEO Todd Stottlemyer. “We are pleased to come together with a company of such great reputation and deep domain knowledge and whose focus on the customer’s mission wholly aligns with that of Acentia.”
Acentia’s Financial Services Sector customers include the IRS, Securities and Exchange Commission (SEC), and the Treasury Department.
“We are proud to join Acentia, a growing industry leader on the forefront of transformational technology initiatives,” said Johnson. “We believe this merger will help us to provide even greater support to our customers in successfully achieving their goals. We will leverage Acentia’s Centers of Excellence to enhance the thought leadership we provide to our customers. Acentia and InSysCo share a strong commitment to our employees, and we are pleased that our 150 employees will be a part of this outstanding company.”
Acentia is a premier employer and provider of technology and management solutions that help our customers meet mission-critical requirements on programs of national significance. Our professionals build trusted relationships with our customers by tackling their most difficult challenges while consistently demonstrating value across the Federal Government and commercial markets. To learn more about our company and broad range of services, visit www.acentia.com.