“Effectual, an innovative, cloud-first managed and professional services company, has acquired leading public sector managed services company, JHC Technology. A new investment by Catalyst Investors and a follow-on investment from Lumerity Capital enabled the acquisition. Catalyst Investors and Lumerity Capital have reserved $50 million to support acquisitions and organic growth initiatives.”
“Bringing together some of the best and brightest from the former management team of Datapipe, Effectual has the experience, expertise, and ability to execute solutions for both commercial and public sector cloud workloads. Combining Effectual and JHC Technology creates a formidable option for companies seeking a skilled partner to advise and execute on their digital supply chain journey with proven methodologies and processes for modernizing IT workloads…” Read the full press release here.
