DFW Capital Partners acquired IT solutions provider Sev1Tech.

Private equity firm DFW Capital Partners acquired Sev1Tech, a leading provider of enterprise IT and program management support services. The current management team will stay in place and continue to run the company. Financial terms were not disclosed. “The Sev1Tech management team sought out DFW as a partner to enable growth both organically and through acquisition. The DFW partnership provides us the ability to maintain our culture and mission delivery focus which we have built over the last 9 years,” says Bob Lohfeld, CEO of Sev1Tech. “DFW is our ideal investment partner, as they understand the sector and share our vision to create a platform for service delivery excellence as we transition to the mid-tier. This partnership strengthens Sev1Tech’s capacity to pursue strategic growth initiatives and invest in new capabilities required by our customers.”