ClearShark , an advisor of cybersecurity and modernization technology, has agreed to acquire FedBiz IT, an information technology firm. The transaction will happen through flexible Federal contract vehicles.
Upon completion of the transaction, FedBiz IT will operate as a wholly-owned subsidiary of ClearShark. The acquisition will help ClearShark expand its contract network and expand its resource base.
Jeremy Feinberg, VP of Finance at ClearShark said, “The synergies realized from ClearShark’s acquisition of FedBiz IT will enable market-leading information technology products and services to be purchased by our Federal customers in an extremely efficient and streamlined process.”