TULSA, Okla. – Cherokee Federal, a division of Cherokee Nation Businesses (CNB), today announced its second investment under Sovereign Capital, a growth capital firm formed in 2024 to leverage Cherokee Federal’s deep experience in the federal contracting market.
CNB has acquired a majority stake in Management Science and Innovation, LLC (MSI), a boutique Washington, D.C.-area consulting firm founded in 2002 with a focus on planning and implementing agency transformation and digitization initiatives. MSI has more than two decades of experience cultivating strong relationships with agency leadership while supporting complex modernization efforts. The firm specializes in strategy, process optimization, human capital, business transformation and digital transformation, including robotic process automation and intelligent automation for federal clients.
“This is another productive step in advancing our long-term growth strategy,” said Steven Bilby, President of Cherokee Federal. “MSI’s leadership, track record and alignment with our vision reflects the transformative impact we aim for Sovereign Capital to bring to the federal marketplace.”
“This is a defining moment for our company and team,” said Dan Heckman, MSI’s Owner and CEO. “We have matured and succeeded because of our deep commitment to service, innovation and client trust. Partnering with Sovereign Capital and Cherokee Federal provides the resources and reach to take everything we have built to the next level, and I am energized about what lies ahead.”
Sovereign Capital identifies and supports founder-led companies that serve the federal government and are poised for significant expansion. It provides both growth capital and strategic support to help companies scale faster and more effectively.
“MSI represents the type of company Sovereign Capital is designed to support. It is mission-focused, founder-led and ready to scale,” said Squire Lawrence, Vice President and General Manager of Sovereign Capital. “As we expand the Sovereign portfolio, we are excited about the opportunities ahead and the exceptional companies we will continue to partner with.”
For more information about Sovereign Capital, visit sovereign-capital.com. To learn more about MSI, go to msiconsulting.com.