Spear seeks new office, potential acquisitions
A year into running Spear, the company’s founders say they’re considering an acquisition and pursuing new office space.
Richard Y. Pineda, former president of Dell’s federal services business, founded the IT services contractor with Gino Antonelli, a former executive at Intelligent Decisions and Noel N. Samuel, the former chief financial officer for Dell’s public sector services business. (Samuel has since left the company.)
Pineda said last week that the IT services contractor now has about 30 employees — and is outgrowing its Tysons Corner space. Spear has primarily won work on Pentagon contracts and is focusing in areas like cybersecurity and data analytics.
Even as budget cuts hit, Pineda and Antonelli said they’re optimistic that they’ll be able to win work — particularly as federal agencies focus on small businesses.
“The small-business acquisition track is increasing dramatically in popularity,” Antonelli said.
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