CALIBRE Systems, Inc. Announces the Acquisition of SPEAR Incorporated
PRESS RELEASE / November 06, 2018
Alexandria, Virginia - November 6, 2018 – CALIBRE Systems, Inc. (CALIBRE) is pleased to announce that it has acquired SPEAR Incorporated (SPEAR), a Virginia-based IT solutions and management consulting company.
SPEAR delivers superior IT solutions, cybersecurity, and data analytics services for business partners and federal agency clients. Their depth of experience coupled with personalized attention leads to timely response, innovative decision making, and flexibility to market needs, changes, and trends for clients. SPEAR was named Washington Technology’s 2017 and 2018 Fast 50, Inc. 500/5000 in 2017 and 2018, GovCon 2017 Federal Contractor of the Year, SECAF 2017 Government Contractor of the Year, ACG 2017 Emerging Growth Company of the Year, and earned a spot as one of the 2018 Washington Business Journal Best Places to Work.
Richard Pineda, SPEAR’s Co-Founder & Chief Executive Officer, will assume the role of President at CALIBRE and President of SPEAR, which will become a wholly owned subsidiary of CALIBRE. Pineda said in a statement, “I, along with our Spearmates delivering across the nation, am thrilled with the opportunity to join CALIBRE at such an exciting time. The IT services industry is dynamic and ever-changing. I look forward to leading a very accomplished group of professionals and making a marked impression in the industries we serve. The collaboration of our solutions, technologies and staff will significantly enhance our ability to serve our clients and build a platform for continued success and growth.”
CALIBRE’s President & CEO, Joe Martore, expressed the importance of the acquisition, saying, “This acquisition is a strategic combination of capabilities. With SPEAR, CALIBRE now offers a more diverse set of IT solutions and certified resources, enabling us to capitalize on synergies, expand our connections, and better serve our current and future clients. Like CALIBRE, SPEAR focuses on delivering the highest quality solutions for clients.”
Alexandria, Virginia-based CALIBRE Systems, Inc. is an employee-owned management consulting and information technology solutions company supporting government and industry. CALIBRE is committed to the success of our clients, and delivers enduring solutions that solve management, technology, and program challenges.
For more information about CALIBRE, please visit www.calibresys.com.
Contact: Craig College, Executive Vice President & CFO