Sverica Capital invests in FOUR Inc. in San Francisco, Sept 2024
- Sverica Capital Management LP announced a strategic growth investment in FOUR Inc. on September 17, 2024.
- FOUR has been recognized as a Top 100 government contractor for eight consecutive years, highlighting its strong market presence.
- The partnership aims to enhance FOUR's capabilities in the public sector, supporting its growth and addressing the increasing demand for technology solutions.
On September 17, 2024, Sverica Capital Management LP announced a strategic growth investment in FOUR Inc., a company recognized as a leading government contractor. Jeff Nolan, Co-Founder and CEO of FOUR, emphasized the importance of Sverica's understanding of their vision and commitment to preserving the company's culture. This partnership aims to enhance FOUR's capabilities in the IT reselling and distribution channel, particularly within the public sector, which is experiencing significant investment in modernization and technology solutions. Sverica's investment marks its third platform investment in the IT reselling and distribution sector, following previous investments in DeFY Security and Optiv. The firm aims to leverage its expertise to support FOUR's growth trajectory, as the demand for technology solutions in the public sector continues to rise. Frank Young, Managing Partner at Sverica, highlighted the critical role that FOUR plays in helping technology companies navigate the complexities of public sector contracting. The collaboration will see Frank Young and Michael Dougherty from Sverica join FOUR's Board, ensuring that the company benefits from Sverica's extensive experience in building businesses. FOUR's established reputation as a top government contractor positions it well to capitalize on the growing market opportunities, particularly in areas such as security, intelligence, and automation. Overall, this investment is expected to strengthen FOUR's market position and enhance its ability to deliver innovative solutions to government clients, ultimately driving growth and success for both FOUR and Sverica Capital Management.