On January 6, TechnoMile announced that it has combined with SIMS Software in a transaction led by Capitol Meridian Partners, a Washington, DC-based firm that invests in companies at the nexus of government and commercial markets. The combined company will deliver a comprehensive, integrated set of solutions from pre-award through post-award workflows for the GovCon, Aerospace and Defense, and Defense Tech sectors, as well as government agencies and research institutions.
“This is a pivotal moment for TechnoMile and SIMS,” said Ashish Khot, CEO of TechnoMile. “By pairing TechnoMile’s AI platform with SIMS’ proven industrial security information management solutions – and partnering with Capitol Meridian – we’re accelerating AI innovation, expanding our capabilities and reach, and raising the bar for how we serve our customers. We are two world-class solution providers united by one vision: delivering transformative value to the defense and public sector ecosystem.”
Michael Struttmann, CEO and president of SIMS Software, commented, “SIMS has been a trusted leader in industrial security information management for over 40 years. Joining forces with TechnoMile allows us to deliver even greater value to our customers by combining our deep security expertise with TechnoMile’s advanced AI-driven capabilities. Together, we’re creating an end-to-end platform that addresses critical needs across business development, contract management, and security operations.”
The combined organization will leverage Capitol Meridian’s backing and long history investing in companies serving the government to scale faster, invest in innovation, and integrate offerings, positioning the TechnoMile platform as the foundation for a unified suite of solutions and future growth opportunities.
“We are thrilled to support the combination of TechnoMile and SIMS, whom we have admired for many years,” said Michael Puopolo, managing director at Capitol Meridian. “Thanks to the complementary strengths of the two companies, the combined organization is positioned to deliver transformative solutions that help customers accelerate growth, navigate complexity, reduce risk, and achieve mission success.”
Capitol Meridian Operating Partner Brian Hobbs added, “As a long-term TechnoMile customer, I know firsthand the value that their purpose-built platform delivers by bringing greater process rigor and better decisions to the contracting lifecycle. Combining with SIMS will amplify that impact by creating a unified platform that seamlessly links contracting workflows with the facility and personnel clearance data customers require to compliantly staff, execute, and scale mission-critical programs.”
Source: TechnoMile
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