NeoSystems Corp. receives $15 million investment from OFS Capital
NeoSystems Corp. closed on a $15 million investment from OFS Capital Corp., the Tysons Corner-based company announced Monday.
Peter Rothschild, managing director of OFS Capital, was appointed to serve on NeoSystems’ board of directors.
NeoSystems provides back-office services, such as cloud hosting and system consulting, to government contractors, nonprofit organizations and businesses.
“This important, strategic investment will help to fund NeoSystems’ expansion in both existing and new lines of business to meet the ever-increasing back office demands that our clients face in the marketplace,” Michael Tinsley, founder, president and CEO of NeoSystems, said in a statement.
Clearsight Advisors, based in McLean, advised NeoSystems on the transaction.