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Bluestone-backed Intrepid buys Darkblade Systems Corp

Bluestone-backed Intrepid buys Darkblade Systems Corp
pehub.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pehub.com Daily Mail and Mail on Sunday newspapers.

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Bluestone Investment Partners backs defense software company -- Washington Technology


Bluestone Investment Partners backs defense software company
Bluestone Investment Partners has added another company to its portfolio with the acquisition of majority ownership in CTI, a contractor that does software and systems development defense customers.
CTI CEO Dustan Hellwig retains a significant stake in the company and will continue to lead it. Financial terms of the deal were not disclosed.
“We are incredibly excited about partnering with Bluestone and their support will greatly enhance our ability to meet and exceed our strategic priorities,” Hellwig said.
The company uses open and government open software and systems development to build user-focused systems for command and control, electronic warfare, cyber-spectral operations and other military and security applications. ....

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PROJECT 38: How small businesses can be M&A players too -- Washington Technology


Apr 14, 2021
In a crowded mergers and acquisitions environment, Bluestone Investment Partners has carved out its own niche by focusing on companies in the $15 million-to-$50 million revenue range. They often are just emerging from the small business set-aside arena and seek more resources to compete for full and open opportunities.
John Allen, co-founder and managing partner of Bluestone Investment Partners, shares in this episode the philosophy and strategy that drives how the firm made its deals in recent years.
Large and mid-size companies typically dominate M&A activity, but Allen explains to WT Editor Nick Wakeman there is no reason that a small business can participate as well with the right partner. ....

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