On November 18, ShorePoint Inc. announced a strategic investment from CM Equity Partners, a private investment firm specializing in providing growth capital to the federal services industry. ShorePoint remains a stand-alone company with its existing executive leadership team actively invested in and continuing to run the business.
“We made this decision to ignite our growth and seize opportunities in this rapidly evolving market,” said Matt Brown, co-founder and CEO of ShorePoint. “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.”
With a 30-year history of investing in the government market, CM Equity Partners focuses on making long-term strategic investments that align with management’s growth-oriented objectives.
“From day one, ShorePoint’s leadership stood out for its vision, expertise and strong track record in federal cybersecurity,” said Jeffrey Mark, managing partner at CM Equity Partners. “Our cultures are aligned, and we share a commitment to long-term growth. We are proud to partner with the ShorePoint team to support their continued expansion, enhance capabilities and empower employees to drive mission impact for federal agencies.”
Source: ShorePoint
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