Five Points Capital-led consortium completed the acquisition of GrammaTech.

Five Points Capital-led consortium, completed its acquisition of GrammaTech, a developer of software-assurance tools and advanced cybersecurity solutions. Five Points capital partnered with Pleasant Bay Capital, Crescendo Capital, Capital Southwest Corporation for this acquisition. Financial terms were not disclosed. “GrammaTech’s founders, Tim Teitelbaum and Thomas Reps, positioned the company well for continued expansion in the growing application-security market. We are excited to build on that foundation and to take advantage of the many opportunities available to GrammaTech.” Mike Dager, GrammaTech new CEO.