Aegis' second deal with Arlington Capital snares UAS company
On the heels of closing one acquisition, Arlington Capital-backed Aegis Technologies announces the closure of its second deal in less than two weeks.
On the heels of closing one acquisition, Aegis Technologies has announced the closure of its second deal in less than two weeks.
The company in Aegis’ sights this time is EMRC Heli, a maker of fixed- and rotary-wing small unmanned aerial aircraft. Terms of the transaction were undisclosed, but Aegis said Wednesday the deal complements its work in directed energy and specifically high-power microwave and high-energy laser weapons systems.
EMCC was founded in 2010 by Tommy Whitaker and specializes in the design, rapid prototyping, manufacturing, integration, testing and support of small UAS platforms.
Aegis is backed by Arlington Capital Partners through that private equity firm’s $1.7 billion fifth fund that closed last year. Deal number one for Aegis with Arlington Capital’s help was to buy Excivity for more cybersecurity and intelligence work.
NEXT STORY: Deloitte prevails in HUD protest battle