ClearShark acquisition expands the company’s IT product portfolio

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ClearShark has acquired FedBiz IT Solutions, a fellow information technology product reseller, which gives the buyer access to a number of government-wide contracting opportunities.

FedBiz IT Solutions will initially operate as a subsidiary after the close of the transaction, which was announced on Tuesday but did not include financial terms.

Among the vehicles in FedBiz IT Solutions’ portfolio are NASA SEWP V, Army ITES-SW2, Army ADMC-3, and a blanket purchase agreement with the Securities and Exchange Commission.

ClearShark, based in Hanover, Maryland, was founded in 2001 and specialises in cybersecurity, data center and cloud computing, artificial intelligence, data analytics, and the security-focused software development practice known as “DevSecOps.”

ClearShark President Brian Strosser said in a release. “The addition of FedBiz IT’s contracts capability and portfolio is particularly complementary and a natural extension of ClearShark’s focus on architecting solutions that help federal agencies drive their modernization efforts and protect against cyber threats.”

Our annual Fast 50 list, which ranks the government market’s fastest-growing small businesses by their compound annual growth rates over the preceding five years, placed FedBiz IT Solutions at the top of the list in both 2016 and 2017.

The FedBiz IT Solutions team’s win of a seat on NASA SEWP V was a significant moment in the company’s history.

WT quoted Tiaga as saying in 2017: “We’ve focused strictly on making that contract successful for us.” To be successful, you must work hard and maintain good relationships with manufacturers, customers, and other resellers. There are over 160 contracts on this list.

Also read: Amentum wins $260 million for an unmanned system in the defense sector

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Zaid Quraishi
My name is Zaid Quraishi. I pride myself on being a meticulous and organized individual who has done his Bachelors in Medical Technology and currently pursuing my Master's in the same course from Sher-e-Kashmir Institute of Medical Sciences. I belong to the beautiful valley of Kashmir, and my hometown is Srinagar. I am the elder sibling of my younger brother. As far as my strengths are concerned, I am effectively communicative, optimistic, reliable, a team player, and time-efficient. My weaknesses are that I am an honest person and I tend to be blunt, and sometimes, I like to work alone. I am passionate about content writing, online gaming, and learning new things, especially languages (currently German). I have written two papers for my University degree, which helped me immensely in learning how to write effectively. I am confident in my writing skills, and I can effectively pour my thoughts out in writing and express myself so that the reader relates to it and is intrigued by the content. I love to play with my pet cat, and she is a darling to me. The thing that I dislike the most is being distracted when you are in the zone. Currently, I am a content writer in a dynamic work environment at Shouzy, ready to improve readers' satisfaction and increase retention levels.

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