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Digital Capital Partners Acquires Govplace to Accelerate Growth in Federal IT Market

February 4, 2025 By admin Leave a Comment

Govplace, a leading provider of secure IT solutions for federal agencies, has been acquired by Digital Capital Partners (DigiCap), a private equity firm led by technology entrepreneur Jay Sunny Bajaj. This acquisition marks DigiCap’s first investment in the federal sector and positions Govplace for accelerated growth as it continues to serve federal agencies with cutting-edge IT modernization, cybersecurity, and operational optimization solutions.

Govplace’s leadership team, including CEO Simone Feldman, will remain in place to ensure operational continuity and maintain the company’s steadfast commitment to federal agencies. Under DigiCap’s partnership, Govplace will enhance its core offerings to address the increasing demands of digital transformation in the federal space. “This partnership marks an exciting new chapter for our company,” said Feldman. “By joining forces with DigiCap, we’re not only expanding our technical capabilities but also reinforcing our commitment to the culture of excellence that has made us both a trusted federal partner and an exceptional place to work.”

DigiCap’s investment strategy is built on its 4Cs framework—Company, Culture, Concept, and Capital—aligning closely with Govplace’s mission to deliver secure, resilient, and cost-effective solutions. “Govplace brings a powerful combination of innovation, expertise, and passion to its customers, and we are honored to partner with them in this next chapter of growth,” said Jay Sunny Bajaj, Founder and CEO of DigiCap. “We look forward to working closely with Simone and the incredible team at Govplace to build on their success and further strengthen their impact in the federal IT landscape.”

Filed Under: News

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