Mereo 4 Holdings, LLC announced today the creation of COLT2 LLC, a Service Disabled Veteran Owned (“SDVOSB”) Joint Venture Company, certified by the US Veterans Administration and incorporated in the State of Texas. Initially based in Las Vegas, Nevada, Colt2 (www.colt2.com) is a US Small Business Administration (“SBA”) Mentor-Protégé joint venture; formed in compliance with 13 CFR 25.18 intended to compete for solicitations issued by the US Government, select foreign militaries and other subcontract services to US Prime Contractors.
The strategic purpose of the joint venture is to focus on special set-aside opportunities, whereby the federal government maintains a goal of awarding 3% of all federal contracting dollars to SDVOSB entities annually. In FY 2018, $20 billion of federal contracts were awarded to SDVOSBs. The Department of Veterans Affairs (“VA”) also has an objective of awarding 5% of all VA contracts to SDVOSBs, and in FY 2017 that amounted to $5 billion.
“We are very honored to participate in the SBA Mentor Protégé Program and be partnered with such a distinguished veteran as Dagoberto Rivera”, said James Clark, Chief Executive Officer of Mereo 4. “This venture will achieve multiple objectives for our customers, business partners and shareholders, but most importantly will allow Mr. Rivera to live his entrepreneurial dream of supporting his fellow servicemen and women through government contracting of products and services.”
About Mereo 4
Mereo 4 is a Chicago-based certified small business operating as a Government/Defense focused enterprise, which specializes in supply chain management, environmental sustainment, distribution and supply of aviation parts and weapon system sustainment for the US armed forces and select foreign militaries either directly or through other prime contractors. The company also supplements its Government/Defense product portfolio by providing inventory management and other support services globally to commercial airlines, leasing companies and maintenance, repair and overhaul (MRO) facilities.
About 10th Light
10th Light LLC is wholly owned and operated by Mr. Dagoberto Rivera, a United States Army Veteran with an Honorable Discharge and a Veteran Affairs rating of Disability. Mr. Rivera served ten years on active duty and in the reserves, and was deployed to both Afghanistan and Iraq where his teams executed a variety of missions in support of Operation Enduring Freedom, Operation Iraqi Freedom, and Operation New Dawn. He received Army Commendation Medals, Army Achievement Medals, the Iraqi Campaign Medal with Campaign Star, the Meritorious Unit Commendation, and Combat Action Badges. Mr. Rivera also attended the United States Army Airborne School, the Air Assault School, and the Joint Readiness Training Center.
