Synergy ECP Expands Defense Reach with NetServices Acquisition

Synergy ECP has enhanced its portfolio by acquiring NetServices, a technology services provider specializing in defense and intelligence sectors. This acquisition, announced on October 25, 2023, aims to strengthen Synergy ECP’s presence among key government customers.

Founded in 1996, NetServices has established a robust reputation in IT modernization, cybersecurity, software engineering, and enterprise operations. The company has catered to national security agencies, making it a strategic fit for Synergy ECP, which is looking to broaden its capabilities in these critical areas. While the financial details of the acquisition remain undisclosed, the transaction reflects Synergy ECP’s commitment to expanding its influence within the defense sector.

Strategic Goals and Support

The acquisition received backing from Falfurrias Management Partners, a private investment firm that took ownership of Synergy ECP in the fall of 2023. This support indicates a focused strategy to enhance Synergy’s offerings and customer relationships, particularly within the defense and intelligence community.

NetServices brings several advanced capabilities to Synergy ECP, including expertise in cloud computing migration, zero trust architecture, and DevSecOps practices. Additionally, the company leverages artificial intelligence and machine learning to enhance operational efficiency and security. These technologies are imperative as defense agencies increasingly seek to modernize their IT infrastructure.

Recent Growth and Future Prospects

This acquisition marks a significant step in Synergy ECP’s growth trajectory. Earlier in 2024, the company completed two other acquisitions, including that of SoftTech Solutions, aimed at bolstering its software development expertise. The subsequent acquisition of SPYROS Information & Technology Consulting provided essential services to U.S. national laboratories, further diversifying Synergy ECP’s capabilities.

With a strengthened network of partners, including federal systems integrators and commercial technology firms, Synergy ECP is poised to enhance its service offerings. This acquisition not only expands its operational footprint but also reinforces its position as a key player in the defense contracting landscape.

As Synergy ECP continues to pursue strategic acquisitions, the integration of NetServices highlights its commitment to providing cutting-edge technology solutions that meet the evolving needs of national security agencies.