Route 2 Capital Partners (“R2CP”) is pleased to announce its investment in Intrepid Solutions and Services, Inc. (“Intrepid” or the “Company”). Based in Sterling, Virginia, Intrepid is a premier provider of enterprise IT, data analysis, and operational training services exclusively to customers in the U.S. Intelligence Community (“IC”).
R2CP partnered with Bluestone Investment Partners (“Bluestone”) to complete its investment, and R2CP provided both subordinated debt and equity to complete the overall transaction.
Patrick Weston, Managing Partner of R2CP said, “We are very pleased to support the continued growth of the Intrepid platform as Ryan Hebert, CEO, and his team have built an attractive business in the defense and national security arena. We look forward to working with Ryan and the team at Bluestone to accelerate growth, both organically and through add-on acquisitions.”
“We are excited to work with Ryan and Bluestone as the Company expands its reach,” notes R2CP Managing Partner, Spalding White. “The Intrepid leadership team and its talented employee base are serving the IC well, and we believe that the team has the vision and experience to continue to its organic growth, while also scaling Intrepid’s reach to better serve its growing customer base.”
Please contact Scott Kester, Patrick Weston, Jay White, or Spalding White to discuss this transaction or other investment opportunities.
About Route 2 Capital Partners
R2CP is a private investment firm providing flexible junior capital solutions to lower middle-market companies, primarily in the southern U.S. The firm’s partners possess over 100 years of combined investment, transactional, and operational experience. R2CP seeks to invest in established companies with minimum annual revenues and EBITDA of $10 million and $2 million, respectively, that generate predictable and profitable cash flows. R2CP’s investment proceeds will be used to execute growth and expansion plans, support business recapitalizations, and facilitate management buyouts. R2CP reviews opportunities in niche manufacturing, business services, consumer products and services, and specialty distribution. For more information, visit www.route2capital.com.
