Huntsville, Alabama —
Arlington Capital Partners (“Arlington”), a Washington, DC-based private equity firm, announced that it has agreed to make a majority investment in AEgis Technologies (“AEgis”). Headquartered in Huntsville, Alabama, AEgis provides advanced engineering and technology expertise to customers in the Defense and National Security community. Jonathan Moneymaker, a veteran government contracting executive with 22 years of national security and technology experience, will join the Company as CEO.
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 AEgis. The growth they’ve experienced has been remarkable and is a testament to the differentiated solutions the Company is delivering to its customers” Moneymaker said. “I look forward to working with the talented management team and dedicated employees at AEgis to continue supporting that growth and help guide the Company on its path to becoming a leading mid-sized national security technology provider.”
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.”
About AEgis Technologies
AEgis provides advanced engineering solutions for a variety of space superiority, directed energy, missile defense, C4ISR, training and simulation, and analytics programs. The Company was founded in 1989 and has served its core customer base as a trusted partner for decades. AEgis employs more than 350 professionals and is headquartered in Huntsville, Alabama with additional facilities in New Mexico, Florida, Colorado, Virginia, Rhode Island, and Texas.
About Arlington Capital Partners
Arlington Capital Partners is a Washington, DC-based private equity firm that is currently investing out of Arlington Capital Partners V, L.P., a $1.7 billion fund. The firm has managed approximately $4.0 billion of committed capital via five investment funds. Arlington is focused on middle market investment opportunities in growth industries including government services and technology, aerospace & defense, healthcare, and business services and software. The firm’s professionals and network have a unique combination of operating and private equity experience that enable Arlington to be a value-added investor. Arlington invests in companies in partnership with high quality management teams that are motivated to establish and/or advance their Company’s position as leading competitors in their field. www.arlingtoncap.com
Maynard Cooper Gale served as legal advisor to the Company, and KippsDeSanto & Co. acted as financial advisor.
Contact
Steve Hill
AEgis Technologies Group
410 Jan Davis Drive Huntsville, AL
35806 (256) 922-0802