Excella Secures Attain Capital Investment to Expand Tech Capabilities

Excella, a leading digital transformation provider, has secured a minority investment from Attain Capital to expand its capabilities and presence in federal and commercial markets, enabling government and commercial clients to leverage cutting-edge technology solutions for innovation and growth. The investment marks a significant milestone in Excella's record growth, solidifying its position as a top digital transformation partner." This description focuses on the primary topic of the article (Excella's minority investment from Attain Capital), the main entities involved (Excella and Attain Capital), the context of digital transformation and technology solutions, and the significant implications of the investment for Excella's growth and clients. The description also provides objective and relevant details that will guide the AI in creating an accurate visual representation of the article's content, such as the themes of technology, innovation, and growth.

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Aqsa Younas Rana
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Excella Secures Attain Capital Investment to Expand Tech Capabilities

Excella Secures Attain Capital Investment to Expand Tech Capabilities

Excella, a leading digital transformation provider, has secured a minority investment from Attain Capital to advance its focus on delivering differentiated technology solutions. The investment will help Excella expand its capabilities and presence across federal and commercial markets.

Why this matters: This investment has significant implications for the digital transformation landscape, as Excella's expanded capabilities will enable government and commercial clients to leverage cutting-edge technology solutions to drive innovation and growth. Furthermore, this partnership highlights the growing importance of private equity investments in the tech industry, particularly in areas like Generative AI.

Excella has seen record growth in 2023, with a 30% increase in revenue and an 82% win rate across the public and private sectors. The company has $46.1 million in unclassified prime contract obligations in the last 12 months, serving major clients including the Department of Homeland Security (DHS), the Department of Health and Human Services (HHS), and the Treasury Department.

"This investment is a big win for Excella and strengthens our position to execute our strategy," said Excella CEO and co-founder Burton White. "Attain Capital's approach closely aligns with Excella's values and vision, and their team has significant tech industry expertise that can help us expand Excella's capabilities in areas like Generative AI."

Attain Capital, a private equity firm based in McLean, Va., primarily invests in companies delivering technology-enabled solutions and services to government and education clients. "Burton and the Excella team have built a company with values that strongly resonate with Attain Capital," said Ted Davies, Managing Partner at Attain Capital.

The investment marks the fifth company and second government contractor to receive backing from Attain Capital. Holland & Knight LLP and Cooley LLP acted as legal counsel to Excella and Attain Capital, respectively.

Excella CEO Burton White was recently honored with a 2024 Chief Officer Award for his commitment to innovation and continued growth. This minority investment from Attain Capital is expected to drive further expansion for Excella, enabling the company to enhance its technology offerings and solidify its position as a top digital transformation partner for government and commercial clients.

Key Takeaways

  • Excella secures minority investment from Attain Capital to expand capabilities.
  • Investment to drive growth in federal and commercial markets.
  • Excella sees 30% revenue growth and 82% win rate in 2023.
  • Partnership to focus on cutting-edge tech solutions, including Generative AI.
  • Investment marks Attain Capital's fifth company and second government contractor.