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Fulcrum IT Acquires Software Engineering Firm PTR Group

By Cal Biesecker

Thursday, February 22nd, 2018

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Fulcrum IT Acquires Software Engineering Firm PTR Group

PTR's capabilities include cyber operations and research. Photo: PTR Group

Fulcrum IT this week acquired the software engineering firm PTR Group, providing it with new capabilities and customers in the Defense Department.Terms of the deal were not disclosed. Fulcrum IT is a portfolio company of the private equity firm Boyne Capital, which partnered in 2010 with the private equity firm Grindstone Partners to acquire Fulcrum.Boyne said the acquisition of Maryland-based PTR expands its customer base to include the Defense Advanced Research Projects Agency, the National Geospatial-Intelligence Agency, the Naval Research…

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