DC Capital Partners Acquires Controlling Stake in The SPECTRUM Group
Posted on August 08, 2007
DC Capital Partners LLC, a private equity firm whose headquarters are in Washington DC, has just acquired a controlling interest in The SPECTRUM Group. The firm has always focused on investing in the federal and defense sectors, and eyed The SPECTRUM Group as a great investment because of it’s extensive network of contacts, high-levels of expertise and it’s reputation as one of the Washington DC area’s most respected consulting firms. Here’s what Thomas J. Cambell, President of DC Capital Partners, had to say about the acquisition:
“The members of The SPECTRUM Group are among the most knowledgeable subject matter experts in Washington with unparalleled experience and insight. They will clearly enhance the overall effectiveness of DC Capital Partners toward our objective of achieving superior investment returns. Given their extensive network of contacts, both in and out of government, and in depth expertise in our targeted sector, we believe they will complement our investment activities”.
We’re excited to be able to expand our capabilities and reach both in terms of services and clients. Furthermore, we’re planning on expanding our recently launched Government Solutions division, in which we will provide our signature services directly to the government. Chairman of The SPECTRUM Group, Vice Admiral Steve Loftus, said that “partnering with DC Capital has expanded those opportunities and we are confident that our relationship will have a positive impact on the firm’s growth.”
