Veritas Capital Unites Steampunk and MetroStar, Accelerating Mission Impact
Veritas Capital agrees to acquire Steampunk and merge it with existing portfolio company MetroStar Systems to build a larger government technology contractor.
RESTON, Va., Aug. 4, 2026. Veritas Capital ("Veritas"), a leading investor at the intersection of technology and government, today announced that affiliates of The Veritas Capital Vantage Fund, L.P. ("Vantage Fund") have entered into a definitive agreement to acquire Steampunk, Inc. ("Steampunk"), a change agent in the federal contracting industry. Following the close of the transaction, Veritas will merge Steampunk with existing portfolio company MetroStar Systems, LLC ("MetroStar") to form one of the government contracting industry's most formidable forces for mission-driven transformation.
"The combination of MetroStar and Steampunk will create a powerful force multiplier for delivering mission-critical solutions at scale," said Hugh Evans, Managing Partner of Veritas. "Together, the companies will provide agency partners with AI-enabled solutions to move with agility, meet mission demands faster, and harness cutting-edge technology that drives mission impact."
The combined company will benefit from complementary offerings of both organizations. MetroStar's deep AI and digital transformation product expertise will be strengthened by Steampunk's user-centered delivery model approach, Design Intelligence, pairing culture and capability in a way few competitors can match.
"MetroStar has built something rare: real technical strength paired with a culture that actually backs it up," said Matt Warren, CEO, Steampunk. "With our shared action-oriented mentality, drive to achieve transformative outcomes, and track record of putting people, employees, clients, and the communities they serve at the heart of our businesses, combining forces will mean more capability for our clients and more opportunity for our people."
"This transaction represents a milestone for both MetroStar and Steampunk, which has created market differentiation powered by Design Intelligence, innovation, and a dynamic culture," said Ali Reza Manouchehri, Co-Founder and CEO, MetroStar. "Together, we can move missions faster, operate at a greater scale, and deliver even bigger outcomes for our customers and their missions."
The transaction is expected to close in the third quarter of 2026, subject to customary closing conditions. Financial terms were not disclosed.
About Veritas Capital
Veritas is a longstanding technology investor with over $54 billion of assets under management and a focus on companies operating at the intersection of technology and government. The firm invests in companies that provide critical products, software, and services, primarily technology and technology-enabled solutions, to government and commercial customers worldwide.
SOURCE Veritas Capital