DC Power Moves: Product demos are hot with acquisition of ReachSuite

The end of summer can be pretty quiet in the nation’s capital, but not this year. 

It’s been an engaging month. There are several new leaders throughout different companies across the DMV, and several local firms were involved in acquisitions. Keep reading to get the details about leadership and ownership changes in the region.

Acquisition for local product demo platform

Atlanta-based product demo platform Consensus has acquired local startup ReachSuite.io. A fully remote firm founded in 2022 in Arlington, ReachSuite also provides automated product demos, helping companies create customized showcases for specific target markets and customers.

“ReachSuite, after studying the market for months, has the most remarkable interactive live products — tour solution and live sandbox simulation solution,” said Consensus CEO Doug Johnson in a video announcement. 

ReachSuite.io will retain its brand for now, but eventually be subsumed within Consensus, per its founder and CEO Collin Smith, who is assuming the role of vice president of product at the parent company. 

Defense IT firm aims to scale services for Special Forces 

Often it’s a Silicon Valley-founded company that snaps up a smaller firm founded elsewhere, but when it comes to defense tech, the DMV sometimes plays the bigger fish role.

General Dynamics Information Technology (GDIT), the business arm of Falls Church-based aerospace and defense company General Dynamics, acquired veteran-owned software firm Iron EagleX. Founded in California and now based in Tampa, FL, with a dozen locations around the country, Iron EagleX provides services to the Special Operations Forces.

The move was made to build out services for defense and intelligence in “warfighting domains,” per a press release. 

“Our team has always focused on delivering positive disruptive change in national security, and as part of GDIT, Iron EagleX will gain access to a tremendous amount of new customers and opportunities to expand on that mission and help make our nation a safer place,” said Iron EagleX CEO Michael Grochol.

This follows a major contract win for GDIT. In March, it scored a $922 million agreement to modernize the US Central Command’s IT systems.

Reston cloud provider taps new COO

Cybersecurity and cloud services provider Neovera hired Andy Woods as its new chief operating officer. 

Woods has more than two decades of experience in cybersecurity and most recently worked at the IT firm ECS as the vice president of enterprise managed services. Before that, he worked as the director of commercial cybersecurity at BAE Systems.

“What attracted me to Neovera is their steadfast approach to delivering high-touch, high-quality outcomes that address the complex cybersecurity needs of modern regulated enterprises,” said Woods. “I am excited to join the Neovera leadership team and help scale the company.”

This appointment follows Neovera’s acquisition of Emagined Security, a cybersecurity services firm, in July. 

More leadership moves

• Public sector communications software firm Granicus acquired the Arizona-based marketing and data insight company Simpleview. 
• Bethesda-based holding company of EagleBank, Eagle Bancorp, hired Evelyn Lee as its new chief lending officer for commercial and industrial lending. 
• Herndon’s Everfox announced it acquired London company Garrison Technology in an aim to boost its cybersecurity offerings. 
• National security tech company Peraton appointed Steve Schorer its new CEO, president and chairman. 
• Manassas airplane company Electra.aero, hired former Boeing executive Marc Allen as its CEO, the Washington Business Journal reported. 
• Cellebrite, a digital investigations and data management provider with offices in Vienna and headquarters in Petah Tikva, Israel, appointed Troy K. Richardson to its board of directors. 
• Accounting and consulting firm PwC hired Jeanelle Johnson as the DC office’s managing partner. 
• Quantum Management, the IT-focused government contractor based in Bethesda, tapped Chris Varga as its new senior program manager. 
• Accenture Federal Services tapped its COO, Ron Ash, to now serve as the CEO of the subsidiary of consulting giant Accenture.