KippsDeSanto & Co. advises The AEgis Technologies Group, Inc. (“AEgis”) on its sale to Arlington Capital Partners
KippsDeSanto & Co. is pleased to announce the sale of its client, The AEgis Technologies Group, Inc. (“AEgis” or the “Company”), to Arlington Capital Partners.
Headquartered in Huntsville, AL, AEgis is a leading provider of advanced engineering and technology solutions to Department of Defense (“DoD”) and National Security customers. AEgis’ solutions span a variety of applications to include space communications, complex weapons systems, Command, Control, Communications, Computers, Intelligence, and Reconnaissance (“C4ISR”), modeling and simulation, and directed energy. In order to address next generation warfighter readiness requirements, the Company has also developed a proprietary suite of augmented and virtual reality and simulation training solutions. AEgis has a long-standing history supporting a diverse base of high-profile and well-funded government customers, including the U.S. Army, Missile Defense Agency (“MDA”), and the U.S. Air Force.
We believe this investment demonstrates several key trends in the government technology environment:
- Strong demand for advanced, technology-driven engineering solutions backed by Company-owned intellectual property
- Interest in Companies with deep and tenured past performance across a diversified base of sought after and well-funded DoD and national security customers
- Buyer focus on strategic alignment with high-priority and forward-looking mission areas such as space, C4ISR and directed energy.
- Financial sponsors continue to deploy capital in the government services market through new platform investments and bolt-on acquisitions to existing portfolio companies, particularly for those assets with long-term contracts and strong management teams
About KippsDeSanto & Co. KippsDeSanto & Co. is an investment banking firm focused on serving growth-oriented Aerospace / Defense, Government Services and Technology companies. We are focused on delivering exceptional M&A and Financing transaction results to our clients via leveraging our scale, creativity, and industry experience. We help market leaders realize their full strategic value. Having advised on over 100 industry transactions, KippsDeSanto is recognized for our analytical rigor, market insight, and broad industry relationships. There’s no substitute for experience. For more information, visit www.kippsdesanto.com.
Arlington Capital Partners Announces Investment in AEgis Technologies
WASHINGTON — Arlington Capital Partners, a Washington, DC-based private equity firm, announced that it has agreed to make a majority investment in AEgis Technologies. Headquartered in Huntsville, Alabama, AEgis provides advanced engineering and technology expertise to customers in the National Security community. Jonathan Moneymaker, a veteran government contracting executive with over 20 years of national security and technology experience, will join the Company as Chief Executive Officer and serve on the Board of Directors.
David Wodlinger, a Partner at Arlington, said, “AEgis has established itself as a preeminent provider of differentiated solutions that address critical national security objectives in the domains of space superiority, directed energy, and missile defense. We are partnering with AEgis to increase investment in these core areas to deliver impactful innovations to our customers that are working on these evolving, high priority missions.”
“Throughout AEgis’ nearly 30-year history, our employees have strived to develop innovative technical solutions for the military so that our warfighters can come home safely,” said Steve Hill, Co-Founder of AEgis. “We have found a partner in Arlington that will remain committed to this mission as the Company enters its next phase of growth.”
Hill will remain a substantial shareholder in AEgis and will continue to provide strategic guidance to the Company as a member of the Board of Directors.
“I’m thrilled to join the AEgis family and partner with Arlington on building their newest platform. AEgis’ growth has been remarkable and is a testament to the deep mission intimacy and differentiated solutions the Company delivers to its national security customers,” Moneymaker said. “I look forward to working with our talented management team and dedicated employees as we continue to drive growth and execute the vision of becoming a first-class provider of national security technology across our customers’ most critical and fastest growing domains of warfare.”
Moneymaker was most recently President of Altamira Technologies, a provider of engineering and analytical solutions to the Defense and Intelligence communities, where he led the company through a period of transformational growth. Prior to that, he was General Manager of the Intelligence Systems Group at Boeing where he was responsible for more than 1,000 employees providing specialized services to the Intelligence and Special Operations communities.
Henry Albers, a Vice President at Arlington, said, “AEgis has built a reputation for technical excellence and commitment to the mission, making the Company an employer of choice for high caliber professionals. We are excited to partner with Jonathan and the AEgis management team to build on that tradition and accelerate the Company’s growth by investing in internal research and development as well as pursuing strategic acquisition opportunities.”