Grindstone Partners announces the add-on acquisition of Corbin by Fulcrum IT Services, expanding capabilities into mission critical broad sensor technology

ALEXANDRIA, VA, November 9, 2012— Grindstone Partners LLC announced that its portfolio company, Fulcrum IT Services, LLC, acquired Corbin Company, a provider of technology engineering services including cyber security and sensor technology support. Corbin complements and expands Fulcrum IT’s offerings to include healthcare and human resource services including specialized change management, quality assurance and strategic planning. The acquisition adds to Fulcrum’s current portfolio of key clients including the Dept of Homeland Security and the U.S. Army’s Communications Electronics Research, Development and Engineering Center. Corbin adds mission critical solutions such as current broad sensor technology to support the Night Vision and Electronic Sensors Directorate.

Fulcrum CEO Jeff Handy said, “The additional offerings in healthcare broaden our potential client base in an important market and the engineering services bolster our existing technology solutions that can deliver break-through technologies for the next generation warfighter”.

Grindstone Partners is a Virginia based private equity firm that partners with managers to create extraordinary shareholder value in small and midsized companies. The firm brings its extensive operational, growth, M&A and turnaround experience and its far-reaching network of resources to its portfolio investments. Grindstone invests in companies with high growth potential and revenue between $10 million and $50 million as well as add-on acquisitions for its existing portfolio companies. Visit www.grindstonepartners.com or contact the firm at (703) 627-9577 or michael@grindstonepartners.com.

Fulcrum IT Services is a leading technology company based in Centreville, Virginia that provides pivotal solutions and services primarily for federal customers in the defense, intelligence, education and healthcare sectors leveraging Software and Systems Development, Cloud Computing, Data Management, CyberSecurity, Data Fusion, and Advanced Technology and Research. Fulcrum provides expert solutions in the areas of Healthcare & Human Capital, Technology Services, Cyber Security, Intelligence Analysis & Operations, and Mission Systems. At Fulcrum we know success depends on high level performance. Visit www.FulcrumCo.com or contact the firm at 703-543-2900 or info@FulcrumCo.com. Fulcrum is actively looking for add-on acquisitions in the $10 million to $50 million revenue range located in the US with emphasis on the highly specialized areas of intelligence, cyber security, data assurance and healthcare IT.