System One acquires IT staffing firm ALTA IT Services
System One has acquired ALTA IT Services ("ALTA"), an IT staffing company based in Rockville, Maryland.
ALTA becomes a wholly owned subsidiary of System One Holdings, based in Pittsburgh, Pennsylvania, and the company will operate in alignment with System One's IT division.
With this acquisition, System One expands its capacity to help clients transform their technology environments through software and applications development, systems integration, project management, infrastructure and data management, and more. Together, the companies will focus on sourcing and screening talent for legacy systems and emerging technologies to support critical IT projects and core business functions.
Additionally, System One benefits from ALTA's strength within the government sector. ALTA holds a Top Secret Facility clearance and has a strong track record of delivering IT talent that meets the strict compliance and performance standards associated with Federal contracts. The company works with the largest federal government contractors as well as a long list of small businesses and commercial enterprises.
Troy Gregory, president and CEO of System One, said, "Our firms' combined service portfolio bridges the gap between business operations and IT expertise, offering our clients a proven path to efficient design and deployment of technology."
"We are excited to invest in the growth of this exceptional team and expand our reach in IT and government services. We look forward to bringing ALTA's deep subject matter expertise and significant experience in IT to all of System's One clients."
ALTA CEO Howard Stein retired at the end of 2015 after an entrepreneurial career spanning more than 30 years of leading high-growth IT staffing agencies. Industry veteran and ALTA executive vice president, Rich Paolicelli, who has worked with Stein for many of those years and has been with ALTA since 2007, will assume the senior leadership role.
"Our team is thrilled to start off 2016 as part of the System One family," said Paolicelli. "This impactful investment in our successful business model and specialized expertise will greatly benefit our employees, consultants, and clients."