Information Technology Engineering Company
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Information Technology Engineering Company - overview
Established
1999
Location
Aurora, CO, US
Primary Industry
Software
About
Information Technology Engineering Company specializes in providing specialized staffing solutions, particularly for government sectors, focusing on roles requiring security clearances in various IT domains. Information Technology Engineering Company, founded in 1999, is based in Aurora, US. The company focuses on providing specialized staffing services, particularly in Software and Systems Engineering, Cybersecurity, IT Infrastructure, and Satellite Operations. The founder, Anthony Sbong, has a background in technology and has been instrumental in steering the company towards servicing government agencies.
In June 2015, the company was acquired by Global Employment Solutions, Inc. , which is a portfolio company of TZP Group. The terms of the acquisition were not disclosed. ITEC Cleared Staffing specializes in providing staffing solutions tailored for the government sector, particularly focusing on roles that require security clearances.
The core product offerings include staffing services across various domains such as Software and Systems Engineering, Cybersecurity, IT Infrastructure, and Satellite Operations. By connecting organizations with skilled talent in mission-critical areas, ITEC addresses the need for specialized personnel in high-stakes environments, such as the Department of Defense and other federal agencies. The company serves a diverse clientele, including government contractors and agencies, offering support for positions that range from software development to system administration. ITEC’s services are designed to ensure that clients can effectively meet their operational needs, furthering their success in fulfilling government mandates both within the U.
S. and across international markets, including specific engagements with agencies like the CIA and NSA. ITEC Cleared Staffing’s revenue generation strategy is primarily based on providing specialized staffing solutions to government entities and contractors. The company engages in B2B transactions, partnering with clients to deliver contingent staffing services that align with their project requirements.
Revenue is derived from contract agreements with government agencies, where ITEC supplies skilled personnel for designated projects, thereby facilitating the execution of mission-critical programs. Each engagement typically involves customized service agreements which outline the specific roles, duration, and compensation structures relative to the services provided. As such, ITEC's financial performance is closely tied to the demand for cleared personnel in government operations, highlighting the importance of maintaining strong relationships with its client base across various sectors within the defense and intelligence communities. While specific upcoming products have not been detailed, ITEC is focused on expanding its reach within the government sector, particularly in areas requiring heightened security clearances.
The company aims to enhance its service offerings and penetrate new markets, especially targeting federal and state agencies across the US. The acquisition by Global Employment Solutions, Inc. in June 2015 is expected to provide additional resources and infrastructure to support these initiatives, although specific plans or timelines for new product launches or further geographic expansion have not been disclosed.
Current Investors
Global Employment Solutions, Inc.
Primary Industry
Software
Sub Industries
HR & Workforce Software
Website
www.teamitec.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Information Technology Engineering Company - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Information Technology Engineering Company | - |
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