It didn't take Stan Soloway long to figure out what he wanted to do next.

The former CEO of the Professional Services Council has formed his own consulting firm that will help companies looking to get into the federal acquisition market and he is looking to hit the ground running.

Soloway said, in a release, that his new venture would be called Celero Strategies, deriving from the Latin word for "accelerate."

"And that's precisely what we aim to do; help our clients accelerate," he said.

Soloway had previously served as CEO of PSC from 2001 until the end of last year. While leading the contractor trade association, he helped grow membership by more than 300 percent and became one of the leading voices on the government contracting industry and its relationship within the federal sphere.

After announcing in September that he was stepping down from PSC, Soloway told Federal Times editor Jill Aitoro that he felt like he had "another job" in him. Soloway said that while he was sure he would remain in the industry, he conceded that he didn't know where yet.

"I'm not ruling anything out. Where I add value is in the strategy, market insight. What that looks like – I can't prejudge that."

In his newest venture, Soloway said the Celero is in a unique position to help companies traverse the murky and unnavigable process of federal contract acquisition.

"This market is undergoing massive changes," he said. "And Celero will be focused on helping companies adapt to and succeed in this new environment."

Soloway is in a prime position to advise companies on how to break into the acquisition realm. Prior to his tenure at PSC, Soloway served as Deputy Undersecretary of Defense during the Clinton administration, where he was director of the Defense Reform Initiative, working on acquisition reform.

With his newest venture, Soloway said his team will be able to provide companies with a slate of specialties, culled from a staff that has a deep well of experience.

"At Celero, we bring insight borne of experience in both government and industry, as thought leaders and as drivers of change. We put that experience to work for our clients," he said. "We have also built a unique team that will enable us to offer the full array of strategic and growth consulting, market analysis and positioning, organizational development and fitness, M&A support, crisis communications, and more."

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