Caymus Equity Partners LLC, a private equity firm, has bought Seneca Resources, an IT staffing company based in Reston, Va.
Seneca focuses on the delivery of technology professionals capable of addressing IT and engineering workforce needs. The company’s client base is located within the government, healthcare, and financial services industries. The investment provides Seneca with the capital support necessary for its geographic and clientele expansion, as well as the ability to pursue strategic acquisitions.
“With the digitization of the global economy and the remarkable growth that the IT staffing industry has experienced as a result, Seneca presented us with an opportunity to leverage our experience and existing relationships in the industry,” comments Blake Cummings, principal and investment-lead at Caymus Equity.