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Shawmark Group Locks Down Third Investment

By The Shawmark Group | Press Release | Comments are Closed | 3 November, 2008 | 0

MIDDLEBURG, Va.—Shawmark Group, a private equity firm targeting technology companies serving the federal government, has made its third investment, acquiring Aspiration Software Inc. The sale price wasn’t disclosed. The debt to equity was split roughly 50/50, according to Shawmark Managing Director Jon M. Stout, who will serve as chief executive for the company. Stout’s daughter,Read more

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