Mercom Accepts Private Corporate Investment
Mercom Corporation Press Release
July 11, 2018, PAWLEYS ISLAND, SC – Mercom Corporation, a federally focused information technology (IT) solutions provider, announced today that the company has accepted a private corporate investment for shares obtained in a recent restructure.
“With this new partnership and investment, I am confident in Mercom’s ability to execute even more successfully and serve our federal partners and customers on a new level. We have a renewed focused and look forward to the successes ahead,” said Stella Mercado, President/CEO of Mercom.
The future of Mercom is bright as a new “startup” with the benefits of years of past performance, existing federal contracts, and experience with the federal government which has a high barrier to entry. Mercom will turn their attention to pursuing true opportunities within the federal market and assisting their partners and clients with solving our government’s mission critical challenges. Mercado continues, “Our employees are the bedrock of this company and I can’t thank them enough for their dedication and hard work over the years. I look forward to our continued relationship with our community.”
Mercom is a prime contractor on all three government wide acquisition contracts. The NASA SEWP V contract which has a $20 Billion contract ceiling is one of the most agile of the group. In less than 72 hours, a competitive task order can be put out to bid, CLINs added to the contract and then awarded. Similar to today’s online personal shopping experiences, our customers can create their own personalized catalog with so many solutions within the broad scope of the contract, simplifying the whole acquisition process for everyone.
“The federal government is flush with money, thanks to a $1.3 trillion fiscal 2018 funding package. After five continuous resolutions and a government shutdown, multiple federal agencies saw increases of more than 10 percent over last year,” wrote Washington Technology writer Mark Abel. The government is funded and Mercom is poised to capitalize on this utilizing their contracts, knowledge and support.
Established in 2000, Mercom Corporation is a US Small Business Administration certified HUBZone company headquartered in Pawleys Island, South Carolina. Mercom is also certified as a Small Disadvantaged Business (SDB), Women Owned Small Business (WOSB), and Economically Disadvantaged Woman Owned Small Business (ED/WOSB) and is CMMI/DEV 3 Appraised.