DLT bought by its executives

DLT Solutions has been bought out by an executive management group, including two of the firm's senior managers.

DLT, a provider of technology products and services to the government, announced today that the group has bought 100 percent of the company's stock. Rick Marcotte, president and chief executive officer, and Craig Adler, chief financial officer, are part of the group.

Marcotte took the company's reins in mid-2004, after serving on the board of directors. Since then, he and Adler have led the implementation of a strategic plan that entailed expanding the range of services DLT offers.

The company's announcement did not say how many members are in the management group nor did it identify others.

DLT reported $318 million in revenue in 2004.

Featured

  • FCW Perspectives
    tech process (pkproject/Shutterstock.com)

    Understanding the obstacles to automation

    As RPA moves from buzzword to practical applications, agency leaders say it’s forcing broader discussions about business operations

  • Federal 100 Awards
    Federal 100 logo

    Fed 100 nominations are now open

    Help us identify this year's outstanding individuals in federal IT.

Stay Connected

FCW INSIDER

Sign up for our newsletter.

I agree to this site's Privacy Policy.