– USA, AL – AEgis Technologies, providing advanced engineering and technology expertise to customers in the National Security community, today announced that Arlington Capital Partners, a Washington, DC-based private equity firm, has agreed to make a majority investment in the company, headquartered in Huntsville, Alabama.
Jonathan Moneymaker, a veteran government contracting executive with over 20 years of national security and technology experience, will join the Company as CEO 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.”
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.”
“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.
About Jonathan Moneymaker
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.
“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.”
About AEgis Technologies
AEgis provides advanced engineering solutions for a variety of space superiority, directed energy, missile defense, specialized training and simulation, C4ISR, 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.
For more information: http://arlingtoncap.com
- Disclaimer - News, data, and statements included in this release are intended exclusively for general information purposes. Talent4Boards does not guarantee that news is accurate or about the correct person and accepts neither liability for the consequences of the reader’s reliance, nor responsibility for the accuracy of the information. Nothing in this release should be considered for decisions about referred securities. Products and brand names may be trademarks or registered trademarks of their respective owners.
