VTG acquires intelligence community IT services company

VTG has acquired a provider of IT infrastructure and application support services across the intelligence community, which has been a priority customer set for the company under its current majority backer.

Loki Solutions was founded in 2020 and touts cybersecurity and information security as among its core service lines with penetration testing, networks and compliance included in that. The company also provides business intelligence, data analysis, data management and system conversion to its clients.

Terms of the transaction announced Tuesday were not disclosed. This is VTG’s third purchase with the support of private equity firm Alvarez & Marshal Capital, which acquired majority ownership of the contractor in the fall of 2023.

"This acquisition significantly accelerates our expansion strategy within the intelligence community, enhances our operational capabilities, and adds strategic customers, missions, and contracts to our IC portfolio,” VTG’s chief executive John Hassoun said in a release. “Over 35% of our business now comprises an impressive array of IC solutions and services, which support some of the most critical national security programs in the nation."