Four Inc. acquired by private equity firm
Sverica Capital Management plans to bring more investment and resources to the value-added reseller.
Four Inc. has been acquired by Sverica Capital Management in a move that the buyer says will infuse fresh capital and resources into the company.
Four is a valued-added reseller in the federal market and has been ranked in the Washington Technology Top 100 for several years. In 2024, the company reached the No. 71 position.
Terms of the transaction announced Tuesday were not disclosed.
Four in 2006 and continues to lead it as CEO. The company focused on the federal, state and local and education markets. As a value-added reseller, Four leverages federal contracts for its commercial technology partners.
“We have prided ourselves on establishing trusted partnerships and taking great care of our people, partners and customers,” Nolan said. “As we evaluated potential financial partners, Sverica differentiated itself as a committed thought partner who not only understood and shared our vision for continued growth, but also appreciated the importance of preserving our firm’s culture."
Nolan and Chief Operating Officer David Stewart will continue to lead the company. Four's board of directors will also add Frank Young and Michael Dougherty, respectively managing partner and principal at Sverica.
“The IT reselling and distribution channel has long been a key focus area for Sverica, and the solutions that Four provides are critical to technology companies building sales programs in the public sector,” Young said.
Four is the third investment for Sverica in the IT reselling and distribution channel, plus the second focused on public sector alongside the threat intelligence software provider ShadowDragon.
Rock Hall Partners was the sole financial adviser to Four, whose legal counsel was Rees Broome.