Federal IT solutions and services provider Concept Plus, LLC has received a growth investment from venture capital firm Blue Delta Capital Partners.
Blue Delta’s minority-ownership investment will support Concept Plus’ strategic growth evolution, strengthen the executive leadership team and help the company assemble a board of directors.
“Blue Delta’s successful track record and government services expertise make them the perfect partner for Concept Plus,” said Concept Plus CEO Ahmad Abuzaakouk.
“Teaming with an experienced venture capital firm that singularly focuses on the Federal Government Services market not only bolsters our foundation but also expands the advantages we can deliver to our customers and our employees. Together, we will continue to provide mission critical support to our customers and executing our objectives.”
Blue Delta partners with companies to help accelerate their growth by empowering their leaders to maximize their market potential, the press release said.
“We have known Ahmad for years and we are honored to become a small part of his team and the
excellent company he is building,” said Kevin Robbins, general partner at Blue Delta. “As a venture capital firm, our focus is to partner with the best, highgrowth potential companies in the Federal market. We think the Concept Plus expertise and scale in the Oracle ecosystem is unique and that the company is poised for years of well above average growth in the Federal Government market.”
Legal representation for the transaction was provided by Nova Business Law Group, LLP, and Jenner & Block LLP, which served as counsel to Concept Plus, while KippsDeSanto & Co. acted as advisors. Holland & Knight LLP served as counsel to Blue Delta Capital Partners.