NewSpring Holdings first entered its investment in B/CORE in 2023 and has since supported a handful of acquisitions to build a larger IT and digital transformation provider.
Giesecke+Devrient is using this transaction to establish a larger foothold in North America and add a company that supports 105 agencies in credentialing employees and contractors.
Aalyria, Chariot Defense, Code Metal and the publicly-traded Intuitive Machines also detail what they plan to do next with their new capital infusions.
Earth Resources Technology is roughly tripling in size and bolstering its footprint at Space Force, an agency often seen as leaning forward into newer and more agile acquisition approaches.
Axiom and Stoke lay out what they want to do next with their newfound investment, while Perseus Materials gets the backing of Lockheed Martin's venture arm.
Bluestone Investment Partners first backed Qualis in 2024 and is using that company as a foundation to form a larger entity that now employs 400 people.