Veritas Capital Unites Steampunk and MetroStar, Accelerating Mission Impact
Combination will unite two of GovCon's most disruptive innovators to deliver AI-enabled digital transformation with greater scale, speed, and conviction.
Veritas Capital (“Veritas”), a leading investor at the intersection of technology and government, today announced that affiliates of The Veritas Capital Vantage Fund, L.P. (“Vantage Fund”) have entered into a definitive agreement to acquire Steampunk, Inc. (“Steampunk”), a change agent in the federal contracting industry. Following the close of the transaction, Veritas will merge Steampunk with existing portfolio company MetroStar Systems, LLC (“MetroStar”) to form one of the government contracting industry's most formidable forces for mission-driven transformation. The merger will bring together two companies built on the same commitment: providing warfighters, intelligence professionals, defense civilians, public servants, and the United States government with innovative tools to work faster, smarter, and safer.
“The combination of MetroStar and Steampunk will create a powerful force multiplier for delivering mission-critical solutions at scale,” said Hugh Evans, Managing Partner, Veritas. “Together, the companies will provide agency partners with AI-enabled solutions to move with agility, meet mission demands faster, and harness cutting-edge technology that drives mission impact. This is a combination that will set a new standard for what our nation’s warfighters, intelligence professionals, federal civilians, and homeland security leaders should expect from an industry partner.”
