Newtek International Acquisition

01/31/2009 - Zantech acquired Newtek International, Inc. Newtek International, based in Reston, VA is an IT services firm and has been providing its expertise specifically in the areas of software engineering, IV&V and program management to their Federal Government defense and civilian customers since 1993. Certified as a small business, Newtek is a graduated 8(a) firm that carries ISO 9001:2000 certification and CMMI Level 2 rating. Newtek’s principal customers include the Departments of Labor, Housing and Urban Development (HUD), and Commerce and the U.S. Army.

Zantech, based in McLean, VA, is a newly formed information technology services firm that is 8(a) certified. “We are very excited about this acquisition, which will give us a jump start in our efforts to expand our business within the Federal Government market. In Newtek, we have found a firm that has an excellent track record with its customers.” said Zia Islam, President and CEO of Zantech.