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Castellum, Inc. Announces Acquisition of MFSI


Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Castellum, Inc. Announces Acquisition of MFSI
Castellum, Inc.January 11, 2021 GMT
POTOMAC, Md., Jan. 11, 2021 (GLOBE NEWSWIRE) Castellum, Inc. (OTC: ONOV) announces the signing of a definitive merger agreement with Mainnerve Federal Services, Inc., dba - MFSI Government Group, a Delaware corporation (“MFSI”), effective as of January 1, 2021.
MFSI, a government contractor with over $1.3 million in profitable revenue, is immediately accretive to Castellum’s revenue and EBITDA per share. Castellum also continues to pursue other acquisitions as part of the company’s overall growth strategy.
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