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You are at:Home»News»Information Technology»Acentia Completes Acquisition of InSysCo, Grows Financial Services Sector
Information Technology

Acentia Completes Acquisition of InSysCo, Grows Financial Services Sector

By Drew JenkinsonNovember 12, 2013
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Todd Stottlemyer,
Todd Stottlemyer, CEO, Acentia

Acentia has completed the acquisition of InSysCo, an information technology (IT) services provider to Federal Government financial-related customers. InSysCo’s President Danielle Johnson will serve as Sr. Vice President and Sector Executive, leading Acentia’s new Financial Services Sector.

“The acquisition of InSysCo significantly strengthens Acentia’s software development and IT systems modernization capabilities—key growth areas for the company—for financial services and other customers. Additionally, there are strong systems development and maintenance synergies between InSysCo and Acentia,” said Acentia CEO Todd Stottlemyer. “We are pleased to come together with a company of such great reputation and deep domain knowledge and whose focus on the customer’s mission wholly aligns with that of Acentia.”

InSysCo has provided software development solutions and key institutional knowledge and expertise to its customers for more than 20 years. The company has a unique employee base comprised of technical and industry experts who have extensive experience in large IT systems modernization, software development, and operations and maintenance. InSysCo is appraised at CMMI Level 3 for Software Development and is a prime contractor on the Treasury Information Processing Support Services 4 Contract (TIPSS-4) IDIQ.

Acentia’s Financial Services Sector customers include the IRS, Securities and Exchange Commission (SEC), and the Treasury Department.

“We are proud to join Acentia, a growing industry leader on the forefront of transformational technology initiatives,” said Johnson. “We believe this merger will help us to provide even greater support to our customers in successfully achieving their goals. We will leverage Acentia’s Centers of Excellence to enhance the thought leadership we provide to our customers. Acentia and InSysCo share a strong commitment to our employees, and we are pleased that our 150 employees will be a part of this outstanding company.”

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