Washington Harbour Partners Announces the Acquisition of Telesto Group

Arlington, VA – December 3, 2021. Telesto Group, a leading government technology services company, today announced it has received a majority investment from Washington Harbour Partners (WHP), a Washington DC area investment firm focused on technology, government services, and business services. Founded in 2001, Telesto Group is an IT firm with market-leading capabilities in program management, process improvement, business transformation, supply chain, SAP technical strategy, architecture, and implementation.

Telesto Group will continue to operate as a standalone company within the WHP family of investments. WHP operating executives, George Batsakis and Jerad Speigel, (both long term “govcon” veterans) will serve as the Company’s CEO and Chief Strategy and Corporate Development Officer, respectively. Company founder and former CEO, Soren Hastrup will remain affiliated with the company as an advisor, supporting ongoing business operations and strategic efforts.

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