QED National Joins Forces with Caymus Equity-Backed Seneca Resources

Strengthening IT Consulting and Cybersecurity Expertise While Expanding National Presence

New York, NY – June 15, 2023 – QED National (“QED”), an IT consulting firm based in New York City, has joined forces with Seneca Resources (“Seneca” or the “Company”), a leading national IT, engineering, and business professional talent provider based in Reston, VA. The partnership, effective as of May 26, 2023, marks a significant milestone in Seneca’s growth strategy and equips the Company with enhanced capabilities and a broadened suite of client solutions. QED represents the first add-on acquisition completed by Seneca since Caymus Equity’s majority investment in September 2022.

QED has established a strong reputation over the past 30 years as a trusted provider of IT consulting services, delivering tailored solutions to a diverse range of public and private sector clients. With a focus on customer-centricity and a deep understanding of industry-specific needs, QED has consistently delivered innovative technology solutions across various end-markets, including government, utilities, healthcare, and finance.

Seneca’s partnership with QED aligns strategically with the Company’s mission to provide comprehensive workforce solutions and navigate complex challenges faced by its clients. The addition of QED to the Seneca platform will further strengthen its IT consulting offerings, particularly in the field of cybersecurity.

The acquisition of QED expands Seneca’s national presence with a new office in New York City, one of the most vibrant business and technology hubs in the world. This marks the Company’s seventh location across the United States.

“We are thrilled to welcome QED National to the Seneca Resources family,” said Rob Persiano, CEO of Seneca. “Their proven track record, deep industry expertise, and commitment to exceptional quality perfectly complements our strategic objectives. This positions us for even greater success as we expand our national footprint and offer enhanced cybersecurity services to our valued clients.”

Dustin Molter, the leader of QED’s operations, will join Seneca’s leadership team as Managing Director for the New York City office, bringing with him a wealth of experience and insights into the local market. Mr. Molter’s guidance will be instrumental in continuing to drive the growth and success of Seneca’s operations in the New York City area.

“We are excited to join forces with Seneca Resources, a well-respected leader in the talent solutions industry,” said Dustin Molter. “Together, we will leverage our combined strengths to deliver unparalleled IT consulting services to our clients. This partnership presents an exciting opportunity to drive innovation, expand our reach, and create even greater value for our customers.”

For more information, please send all inquiries to [email protected]

About Seneca Resources

Recognized by Inc. Magazine’s “5000 Fastest Growing Firms in America” for five consecutive years, Seneca Resources, LLC is a leading information technology, engineering, and business professional resourcing firm. With a multi-pronged delivery model, deep domain expertise, proprietary systems, and local presence in core markets, Seneca Resources empowers companies across various industries to navigate challenges and secure the talent needed to achieve their business objectives. Founded in 2010, Seneca Resources has experienced sustained growth and expansion, delivering services and solutions to organizations ranging from small businesses to Fortune 100 companies and branches of the Federal Government.

About QED National

QED National is an award-winning IT consulting firm headquartered in New York City. With over 30 years of experience, QED National delivers superior services and solutions to public and private sector clients, leveraging industry expertise and best practices to meet specific business needs. QED National’s exceptional quality and professional integrity have earned the firm contracts with many government agencies, Fortune 500 companies, and organizations across various sectors.

About Caymus Equity

Caymus Equity is a leading lower middle market private equity firm based in Atlanta and New York, currently investing out of Caymus Equity Partners Fund II L.P. Caymus Equity invests in profitable companies with significant upside potential where the owners and management teams are seeking a value-added partner to help fuel growth.