FVLCRUM Funds Completes Acquisition of Advanced IT Concepts, Inc., Adding Another Platform to FVLCRUM Funds' Growing Portfolio
ROCKVILLE, Md., Oct. 19, 2023 /PRNewswire-PRWeb/ -- FVLCRUM Partners, d.b.a. FVLCRUM Funds Capital Group ("FVLCRUM" or "FVLCRUM Funds"), has completed the acquisition of Advanced IT Concepts, Inc. ("AITC" or the "Company"). Founded in 2006 and headquartered in Winter Springs, Florida, AITC is an established technology systems integrator and professional services provider. As part of the transaction, Advanced IT Concepts, Inc. became AITC, LLC.
- FVLCRUM Funds Capital Group ("FVLCRUM" or "FVLCRUM Funds"), has completed the acquisition of Advanced IT Concepts, Inc. ("AITC" or the "Company").
- "We are thrilled to add such a differentiated and attractive platform to FVLCRUM's IT Services portfolio," shares Chijioke Asomugha, Partner of FVLCRUM Funds.
- "We are thrilled to add such a differentiated and attractive platform to FVLCRUM's IT Services portfolio," shares Chijioke Asomugha, Partner of FVLCRUM Funds.
- Womble Bond Dickinson served as legal counsel to FVLCRUM Funds on the transaction.