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New Deal


Announced

Macquarie Capital made a capital investment in Dovel Technologies.

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IT Services: Other

Private Equity

Acquisition

Private

United States

advanced technologies

Synopsis

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Macquarie Capital made a capital investment in Dovel Technologies, a leading expert to federal agencies that blends deep domain expertise and advanced technologies in the health IT, life sciences, and grants management markets. Financial terms were not disclosed. “This new partnership enables us to aggressively pursue our long-term growth strategy for the business, explore market expansion through potential acquisitions, and have additional resources available to create new, differentiated solutions, services, and capabilities,” Dovel Chief Executive Officer, Paul Leslie said. “Dovel has a long, proven history of integrating emerging technologies with domain expertise, mission requirements, and customer needs to produce lasting and highly innovative solutions to customers. We look forward to expanding these solutions across government and broadening our brand recognition.”

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