Washington, DC (September 26, 2006)
-- FOCUS Enterprises, Inc. announces that Blue Canopy Group has
secured expansion capital to accelerate its growth. CareTek,
LLC has acquired certain ownership interest in Blue Canopy and
will supplement the leadership team as well as provide expansion
capital. The details of the transactions, which closed September
12th, were not disclosed. Blue Canopy, a privately held company
founded in 2001, is an information technology and consulting
firm focused on aligning business and information technology
(IT) interdependencies, employing its industry-leading 4th-party
integrator (4pi™) methodology to solve the toughest problems
facing the IT sector. Featured in Inc 500 as one of the fastest
growing IT services companies, Blue Canopy serves both the commercial
and federal sectors. Blue Canopy's customers include AOL, Capital
One and Toyota on the commercial side and defense and intelligence
agencies of the Federal Government.
Bradley J. Schwarz, a former Managing Partner with KPMG Consulting
and former Group EVP with BearingPoint, was appointed as the
company's Chief Executive Officer.
"I am very excited about being involved with Blue Canopy.
The Blue Canopy leadership team has done a great job to get the
company where we are today. My focus is to leverage their intellectual
property and market momentum to accelerate the company’s
growth in both the Federal and commercial markets. We want to
be known for extraordinary growth, innovation, and quality execution.
Our goal is to win every “Best Partner” award possible
both from our clients and our business partners. Many thanks
to Focus for making this happen."
About FOCUS Enterprises, Inc.
About FOCUS Enterprises, Inc.
FOCUS Enterprises, Inc. provides a range of middle market investment
banking services across the U.S. with an emphasis on mergers,
acquisitions, divestitures and corporate finance. FOCUS is headquartered
in Washington, DC, with regional offices in Atlanta, Chicago
and San Francisco. FOCUS specializes in transactions for entities
with $5-300 million in revenues, serving entrepreneurs, corporate
owners, and various types of investors. |