We are pleased to share that Sovereign Capital, Cherokee Federal's growth capital firm, has acquired a majority stake in ATA. "What energizes us the most about this new partnership is leveraging an extended range of contracting solutions which makes it easy for our customers to access ATA’s expertise and technical solutions. We were evaluating a number of different strategies to achieve our next stage of growth, and the partnership with Sovereign Capital clearly stood out as the right fit." - Craig Parisot, President and CEO of ATA ATA, LLC Cherokee Federal Sovereign Capital #partnership
Introducing Sovereign Capital: a growth capital firm created to leverage Cherokee Federal's deep experience in the federal contracting market. Announced today, the initial investment under the Sovereign Capital strategy is the acquisition of a majority stake in Virginia-based Advanced Technology Applications (ATA, LLC), a small business delivering full lifecycle data-intensive solutions to federal customers across multiple domains, data types and challenges. ATA customers include the U.S. Department of Homeland Security, U.S. Department of Defense, and the U.S. Intelligence Community. Sovereign Capital aims to identify and nurture companies that perform work on behalf of the federal government and are poised for significant growth. It specializes in funding founder-led companies at crucial inflection points, investing both capital and proven strategies for rapid growth. Read the press release: https://bit.ly/3XtROMx #CherokeeFederal #SovereignCapital #ATALLC #GovernmentContracting #FederalContractor #GovCon