Press Release
May 12, 2023

Holland & Knight Advises Bluestone Investment Partners in Investment in Precise Systems Inc.

TYSONS, Va. (May 12, 2023) – Holland & Knight advised Bluestone Investment Partners in its strategic investment in Precise Systems Inc. The investment, which will be used to accelerate the growth of Precise Systems' business, was announced on May 9, 2023.

Headquartered in McLean, Virginia, Bluestone is a private equity firm investing exclusively in lower middle-market companies in the defense and government services arena.

Headquartered in Lexington Park, Maryland, Precise Systems is a professional services company providing advanced engineering, program and project management, acquisition and life cycle support, and information technology services. Founded in 1990, Precise Systems is a provider of mission readiness and software development services to the U.S. Navy, U.S. Marine Corps and U.S. Air Force.

Holland & Knight Partners Adam August and Katherine Markel and Associate Kelly McKeon led the firm's representation of Bluestone. They were assisted by Associates Fernando Tevez and Diana Andrade.

More information on the transaction can be found here.

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