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Synopsis
CM Equity Partners, a private investment firm specializing in providing growth capital to the federal services industry, completed an investment in ShorePoint, a cybersecurity firm dedicated to improving the cyber resilience of federal agencies and their missions. Financial terms were not disclosed. “We made this decision to ignite our growth and seize opportunities in this rapidly evolving market. With CM Equity Partners, we found a partner with decades of experience supporting companies in the federal marketplace. Together, we will be focused on rapidly accelerating our business by expanding our already extensive cyber capabilities, enabling us to bring them to new customers for the greatest mission impact. This further enables significant growth opportunities for our team members as we adapt to the ever-changing cyber threat market," Matt Brown, ShorePoint Co-Founder and CEO.
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