Investments

Afton Scientific (“Afton”) is a leading contract, development and manufacturing organization (“CDMO”) dedicated to sterile manufacturing of injectable pharmaceuticals. Afton specializes in sterile injectable drug manufacturing as well as providing pre-sterilized vials and kits.  The Company performs aseptic fill-finish for products ranging from pre-clinical through commercial-scale manufacturing across various therapeutic areas. Afton is headquartered in Charlottesville, VA.

TEAM Technologies is a leading provider of specialized manufacturing and strategic supply chain solutions to blue-chip healthcare customers. The Company provides a broad array of end-to-end outsourced design and manufacturing services to medical device and pharmaceutical OEMs, with a growing specialty in advanced medical devices that are critical to the healthcare system. Through its comprehensive suite of vertically integrated processes, TEAM Tech enables customers to streamline their supply chains and reduce lead times in delivering critical products. TEAM Tech has approximately 1,000,000 square feet of manufacturing space across nine campuses in the U.S., Mexico, and Singapore.

Built for precision with an eye for innovation, Keel was formed through the merger of Pegasus Steel, Merrill Technologies Group, and Metal Trades. We are focused on delivering unmatched quality in fabrication, machining and integration to the U.S. Navy, the broader Defense Industrial Base supply chain, and our industrial customers.  Keel is headquartered near Charleston, South Carolina.

Integrated Data Services (“IDS”) is a leading provider of software and technology-enabled support and development for federal government customers. The Company’s flagship software offering, Comprehensive Cost and Requirement (CCaR), is primarily utilized to automate processes centered around program portfolio management. IDS is headquartered in El Segundo, California.

Headquartered in Centreville, VA, Avenu Insights and Analytics (“Avenu”) is a provider of integrated administrative, revenue enhancement and payment software solutions to state and local governments. The Company’s broad product suite includes compliance solutions, permitting, licensing and digital transactions, payment processing, public administration software and managed services.  Avenu employs over 600 individuals and serves more than 4,000 customers across the US and Canada.

Exostar is a leading cloud-based secure business collaboration software provider serving highly regulated industries including aerospace and defense, healthcare and life sciences and banking, financial services and insurance. The Exostar Platform accelerates the digital transformation initiatives of nearly 200,000 companies worldwide and helps them mitigate risk and compliantly protect sensitive information and intellectual property as they engage with their global communities of customers, partners, and suppliers.

Kinetic Engine Systems is a leading Tier 1 supplier of precision aero-engine components directly serving major aero-engine OEMs and other tier 1 suppliers. The Company’s centers of excellence, based in the U.S. and Mexico, produce machined parts, subassemblies, assemblies and repair and overhaul services for the world’s leading manufacturers of engines and related systems.

Headquartered in Norwich, CT, AVS Bio is global provider of specific pathogen free (“SPF”) eggs and adjacent laboratory products and services that support the development and manufacturing of vaccines, therapeutics, and other biologics used for human and animal health. Prior to its acquisition by Arlington, the Company operated as a subsidiary of Charles River Laboratories (NYSE:CRL). The Company currently employs ~250 employees across 20+ facilities in Connecticut, New York, Illinois, Missouri, and Europe.

Qarbon Aerospace is a premier manufacturer of cutting-edge composite components and assemblies at all levels of complexity, with products installed on the industry’s most advanced commercial and military aircraft.

Stellant Systems is a market-leading provider of RF amplification products for the space, electronic warfare, radar, medical, scientific and industrial end markets. With a multi-generational legacy supporting the most important military and intelligence programs, as well as addressing some of the most complicated technical requirements in commercial markets, the Company designs and assembles traveling wave tubes (“TWTs”), nano microwave power modules (“MPMs”) and other related subsystems, and is the only domestic provider of space-qualified TWTs. The Company has over 800 employees across its three facilities in Torrance, CA, Williamsport, PA and Folsom, CA.

Founded in 1972 and headquartered in Alexandria, VA, Systems Planning & Analysis, Inc. provides strategic advisory, systems engineering, modeling and simulation, advanced analytics, model-based war-gaming, cost estimating, industrial policy, software development, and other technical solutions to government customers in the United States, Australia, NATO and other allied countries.

Founded in 2010 and headquartered in Fort Worth, Texas, TRP is a leading provider of safety-critical and highly regulated roadway marking and traffic control solutions primarily to state and local government end-customers, whom it serves either directly or through general contractors. TRP’s core offering focuses on recurring maintenance projects to maintain the safety of America’s roadways. The Company has a broad and diverse footprint, with operations in Texas, Florida, Georgia, North Carolina, South Carolina, Alabama, and Arkansas. TRP has successfully provided pavement marking and traffic control services to more than 5,000 highway infrastructure projects, including complex urban interchanges, rural roadways, tollways, bridges, and city/county thoroughfares.

Headquartered in Fall River, MA, Millstone Medical Outsourcing is a provider of comprehensive solutions and quality-critical services for the medical industry, including post-manufacturing services, supply chain and logistics and laboratory testing. Millstone’s post-manufacturing services include sterile packaging, advanced inspection, validation engineering, and clean room services. The Company’s supply chain and logistics services include specialized distribution, cold chain logistics, and inventory and returns management. Laboratory testing services include bacterial endotoxin, bioburden, EO residual, environmental monitoring, sterility, microbiology, cytotoxicity, accelerated aging, and other regulatory testing for medical device and pharmaceutical customers. Millstone currently employs over 560 employees across four facilities in Fall River, MA, Olive Branch, MS, Willington, CT and West Warwick, RI.

Everest Clinical Research Corporation (“Everest”) is a full-service contract research organization (“CRO”) providing a broad range of expertise-based clinical research services to worldwide pharmaceutical, biotechnology, and medical device industries. Everest serves some of the best-known companies and works with many of the most advanced drugs, biologics, and medical devices in development today. Founded in 2004, Everest has a strong foundation as a statistical and data management center of excellence. Building on this foundation, Everest has successfully developed and established itself as a full-service CRO. Operating primarily in North America, with headquarters located in Toronto, Ontario, Canada, a second office in Little Falls, New Jersey, USA and a third office in Shanghai, China, Everest is known in the industry for its high quality deliverables, superior customer service, and flexibility in meeting clients’ needs.

Headquartered in Austin, Texas, J&J is a leading provider of mission-essential, preventative maintenance activities to critical U.S. Federal Government sites through its Healthcare and Medical Solutions, Mission Support Solutions and Engineering Solutions segments. Throughout its history, J&J has developed a comprehensive portfolio of aseptic cleaning and turnkey facility services for government hospitals as well as a wide array of facility management, operational support and integrated asset management services for Department of Defense military bases. J&J and its joint venture partners collectively employ over 3,200 employees in over 270 locations in ten countries.

BlueHalo is purpose-built to provide industry-leading capabilities in the areas of Space, C-UAS and Autonomous Systems, Electronic Warfare & Cyber, and AI/ML. The company develops and brings to market next-generation capabilities to support customers’ critical missions and national security.

Forged Solutions Group (“FSG”) is a leading provider of complex, precision forged rings and closed die products primarily for OEM and Tier 1 aerospace & defense engine customers. The Company was formed via Arlington’s acquisition of Doncasters Group’s Blaenavon Forging Business and Arconic-owned Firth Rixson Forgings Limited. FSG will be headquartered in Sheffield, U.K. while maintaining its facility in Blaenavon, South Wales.

ITI’s technologies offer a fully integrated department of motor vehicles solution suite, including software and equipment that can be used to track vehicle registrations, manage the production of and inventory for license plates and drivers licenses, and administer skills and knowledge tests to constituents. ITI has a blue-chip customer base consisting of 34 U.S. States and Canadian Provinces. ITI is headquartered in Carlsbad, California with a significant presence in Fort Wayne, Indiana.

Octo Consulting Group (“Octo”) is a premier provider of software development and IT modernization solutions to the Federal government, including healthcare, national security, civilian and defense agencies. Its specialized solutions for Agile software development, UI/UX, cloud, infrastructure, blockchain, and other emerging technologies support a wide variety of missions and empower agencies to modernize their aging infrastructures. Octo is headquartered in Reston, VA.

Radius Aerospace, Inc., headquartered in Hot Springs, Arkansas, is a leading provider of fabrications and other vertically integrated products and solutions primarily to OEM and Tier 1 Aerospace & Defense customers. Radius also has locations in Shelbyville, IN; Fort Worth, TX; Phoenix, AZ; and San Diego, CA. Across its five locations, the Company specializes in all forming methods, including titanium sol-gel coating, metal bonding, specialty alloy welding, stretch forming, hydroforming, welding, brazing, processing, titanium SPF forming and aluminum and titanium chemical milling, among other capabilities.

Headquartered in Portland, Oregon, Riverpoint Medical is a leading US-based developer, designer, and manufacturer of medical devices focused on advanced bio-medical textile technologies. Riverpoint’s wound closure products include a broad portfolio of high-quality bio-absorbable and non-absorbable sutures for the surgical and animal health markets. The Company’s robust sports medicine offering includes implants and high strength fiber solutions utilizing its proprietary ultra-high molecular weight polyethylene (UHMWPE) non-absorbable suture (HS Fiber®). Additionally, Riverpoint is a leading provider of cordless LED surgical headlights (MedLED®) and offers a suite of brachytherapy products for the oncology market.

Tyto Athene is a full service systems integrator focused on helping clients accelerate their ability to make decisions by providing ubiquitous and secure access to enterprise information throughout their operating environment.  Tyto Athene uses a myriad of technologies, innovative thinking, and proven processes to deliver successful outcomes for it’s clients worldwide.

Verus Aerospace is a leading supplier of large and highly complex aerostructures components. Headquartered in Anaheim, CA, Verus Aerospace operates with a team of over 500 dedicated professionals committed to delivering excellence in aerospace precision manufacturing. Verus is a pure play structures platform with a focus on core capabilities, customer satisfaction, and innovation in the aerospace and defense industry.

Centauri provides engineering and software solutions to the intelligence community and other government customers. Centauri has specific technical and domain expertise in overhead surveillance systems and their subsystems, including radar, electro-optical /infrared SIGINT and MASINT payloads, as well adjacent mission areas such as missile defense, PED, and space situational awareness. The combination with Arlington’s existing investment in Xebec complements the company’s technical capabilities with highly specialized human intelligence solutions and unique subject matter expertise that are provided to a similar set of intelligence community customers.

Centauri’s headquarters is in Chantilly, Virginia, with additional offices in Virginia, California, Hawaii, Ohio, Michigan, Pennsylvania, Massachusetts, and Maryland.

In 2020, Centauri was sold to KBR, Inc. (NYSE:KBR).

Grand River Aseptic Manufacturing (GRAM), is a parenteral contract manufacturing organization that delivers customized solutions to meet clients’ fill and finish needs from development through commercialization. With capabilities for biologics as well as controlled substances, GRAM’s expert project managers and modern facilities support pharmaceutical development and cGMP manufacturing, analytical testing and regulatory filing.

Tex Tech is one of the world’s leading specialty textile material manufacturers that specializes in meeting the requirements of difficult and demanding customer applications. The Company’s research and development team allows it to be innovative, creative, and on the cutting edge for the benefit of its growing customer base. The Company has operations in the United States, United Kingdom, Ireland and Thailand.  The Company’s headquarters are in North Monmouth, ME.

Endeavor Robotics (“Endeavor”), formerly known as the iRobot Defense & Security Business, is the largest independent supplier of ground-based robots to the U.S. Department of Defense, with a significant and growing global presence in the security, industrial, energy and international defense markets. Endeavor’s leading robotic platforms are proven in the most dangerous and hostile environments, providing warfighters and first-responders with invaluable situational awareness while improving mission effectiveness and saving lives. Endeavor is headquartered in Bedford, MA.

In 2019, Endeavor Robotics was sold to FLIR Systems, Inc.

Molecular Products specializes in the manufacture and distribution of chemical technology for the purification of air to preserve life and protect the environment. Founded in 1924, it is a global leader in its field, offering a complete product solution for the removal of carbon dioxide, the generation of oxygen and filtration of hazardous or harmful emissions.   Molecular Products has over 130 employees with manufacturing operations in Harlow, Essex, U.K. and Boulder CO, and distribution offices in Australia, China and India.

In 2021, Molecular Products was sold to Filtration Group.

Polaris Alpha (“Polaris”) provides advanced technical capabilities, specialized domain expertise and mission critical solutions to Department of Defense and Intelligence Community customers. The Company has approximately 1,100 employees with major offices in Colorado Springs, CO, Fredericksburg, VA, Annapolis Junction, MD, Aberdeen Proving Ground, MD, and Alexandria, VA as well as customer sites both domestically and overseas. For further details on the newly formed Company’s customers and capabilities, please visit our new website at www.polarisalpha.com.

In 2018, Polaris was sold to Parsons Corporation.

Avalign is a premier full-service precision manufacturer of implants and instruments, specialty instrumentation, cutting instruments, and delivery systems to the orthopedic medical device and specialty surgical markets.  Avalign offers its OEM partners a broad portfolio of manufacturing solutions and extensive engineering design, development, and project management capabilities from concept to launch.  Avalign has an established reputation for consistent and sophisticated quality systems, flexible capacity capabilities, and superior customer service.

In 2018, Avalign Technologies was sold to Linden Capital Partners.

Ontario Systems, LLC (“Ontario Systems”) is a leading provider of revenue cycle management and accounts receivable management software for the healthcare, government and outsourced accounts receivable management industries. Offering a full portfolio of software and solutions, Ontario Systems’ customers include three of the top six health systems in the U.S. and nine of the ten largest accounts receivable management companies, with approximately 55,000 licensed users in more than 500 locations.

In 2019, Ontario Systems was sold to New Mountain Capital.

United Flexible Group (“United”) is a global leader in the design, development, manufacture and support of performance critical flexible engineered solutions for the transfer of fluids and gases in extreme environments.

The Company is a proactive partner to blue chip OEMs operating in several attractive end-markets including aerospace/defense, satellite, power generation, general industrial, oil/gas, cooling and transportation. United has manufacturing operations in Romeoville, Illinois, its headquarters; Houston, TX; Merthyr Tydfil, Wales, UK; Rotterdam, The Netherlands; and Knivsta, Sweden.

In 2018, United Flexible was sold to Smiths Group.

Zemax is the preeminent provider of optical and illumination design software to design engineers at over 7,500 companies in 80 countries across a wide variety of end markets including aerospace, defense, medical/life sciences, instrumentation, optics and lighting. Zemax’s OpticStudio software platform allows users to rapidly design, tolerance and simulate sophisticated optical or illumination systems and is widely considered to be the ubiquitous software platform in the global optical and illumination design community.

In 2018, Zemax was sold to EQT Mid Market US GP B.V.

MB Aerospace Holdings Limited (“MB Aerospace”) is a leading international aerospace engineering provider of complex engineering solutions to the key names in the aerospace and defense market. MB Aerospace provides an in-depth knowledge of critical manufacturing technologies and the global supply chain management to support complex aero-engine component manufacture and repair. MB Aerospace supports major OEMs to address the root causes of under-performance in their extended and fragmented supply chains and helps safeguard the continuity of supply in challenging circumstances. The Company is well-positioned to support its aero-engine OEM customers in both North America and Europe.

In 2015, MB Aerospace was sold to Blackstone.

Micron Technologies (“Micron”) focuses on solving the pharmaceutical industry’s most difficult bio-availability and drug delivery challenges through multiple particle size reduction technologies.

Micron is a leading independent provider of micronization services for solubility enhancement of active pharmaceutical ingredients (“APIs”). Micron maintains state of the art facilities, in the US and UK, offering industry leading capabilities including distinctive containment technology for processing highly potent compounds.

In 2014, Micron was sold to Catalent  (NYSE:CTLT), a provider of advanced delivery technologies and development solutions for drugs and consumer health products.

Quantum Spatial (“Quantum Spatial”) is the largest provider of location-based tools, analytics and data focused on the North American market.  Quantum Spatial utilizes proprietary software tools and applications to create geospatial solutions often delivered in a fully-hosted environment and tailored to provide clients with a unique portal through which they can better understand and interact with geospatial data. Quantum Spatial delivers professional services and solutions for clients across all industry verticals with specialized expertise in energy, transportation, utilities, environmental, mining, national security, federal agencies, state and local government and commercial applications.

In 2019, Quantum Spatial was sold to NV5 Global, Inc.

MicroPact Inc. (“MicroPact”) is a leading provider of business process management, case management, and licensing software to federal, state, local and commercial customers. MicroPact’s software is used by 97% of large federal agencies as well as state and local customers in 49 of the 50 states.

MicroPact is headquartered in Herndon, VA, and has approximately 600 team members located at offices throughout the United States, Canada, and the Philippines.

In 2019, MicroPact was sold to Tyler Technologies.

Compusearch Software Systems (“Compusearch”) is the leading provider of enterprise software and services that automate mandated business rules for organizations involved with public sector contracts and grants. Compusearch’s software solutions provide federal, defense, intelligence agencies and contractor organizations with the visibility, control and transparency necessary to improve productivity and performance while also meeting increasingly stringent federal compliance standards. Compusearch is headquartered in Dulles, VA.

In 2015, Compusearch was sold to ABRY Partners.

Novetta Solutions (“Novetta”) was created to address the country’s most pressing National Security needs by utilizing a combination of organic and acquisition growth to deliver technology-rich software and IT services to the Intelligence Community and Department of Defense. Novetta means “10 to the 27th power” or a billion, billion, billion and reflects the Company’s big data heritage and ability to solve massive problems. During Arlington’s ownership, Novetta has completed seven add-on acquisitions to expand its IP capabilities, enhance its service offerings and further penetrate intelligence and defense customers. Novetta is headquartered in McLean, VA, and has multiple offices around the country.

In 2015, Novetta was sold to The Carlyle Group.

Consolidated Precision Products Corp. (“CPP”) is the largest independent U.S. manufacturer of precision engineered castings components and sub-assemblies for the commercial aerospace, defense and power generation markets worldwide. The Company maintains strong diversity across its aerospace platforms and an unmatched array of casting processes and alloys. CPP is headquartered in Pomona, CA.

In 2011, CPP was sold to Warburg Pincus.

Virgo Publishing (“Virgo”) is focused on delivering content within the fast-growing natural products, communications, healthcare, and business solutions industries via live events, electronic and print media products, and online platforms.

Virgo produced six trade shows and conferences, published nine trade websites and six affiliated magazines, and operated online training and accreditation programs as well as branded online stores.

In 2014, Virgo was sold to Informa plc (LSE:INF), a multinational publishing and events company.

Advanced Health Media (“AHM”) is a leading U.S. provider of meeting logistics, commercial compliance management solutions, and sales force productivity tools for the pharmaceutical industry. AHM has developed and markets a fully-integrated suite of hosted technology solutions and sales support services designed to address the diverse operational and compliance management needs of its clients, including corporate speaker bureau and event management solutions, sales force automation technology, CRM and compliance tracking and reporting systems.

In 2018, AHM was sold to IQVIA (NYSE: IQV), a provider of advanced analytics and technology solutions to the life science industry.

Cambridge Major Laboratories (“CML”) is a leading, global chemistry-based contract research organization (“CRO”) providing comprehensive chemistry outsourcing solutions to a diverse customer base, including some of the world’s largest pharmaceutical, small/mid-sized biotechnology, and generic drug companies. CML offers customers a broad array of chemistry services, delivering a complete life cycle of capabilities including process chemistry, solid state chemistry, analytical services, active pharmaceutical ingredients (“API”) production services and regulatory services. CML is headquartered in Germantown, WI.

In 2012, Cambridge Major Laboratories was sold to American Capital (Nasdaq:ACAS).

AdVenture Interactive (“AVI”) is a full-service interactive marketing services company.  The Company offers a broad scope of interactive marketing and other advertising services for post-secondary education institutions. During Arlington’s ownership, the Company had completed ten add-on acquisitions.

In 2012, AVI was sold to Sterling Partners.

Chandler/May (“CMI”) designs, develops and integrates high value-add electronic component and subsystems for a variety of complex military programs.

CMI developed core specialized domain knowledge in the unmanned aerial vehicle (“UAV”) market by building advanced systems for blue chip defense customers including command and control stations for several of the leading UAV production platforms. CMI has been providing embedded computer solutions and integration services for the development of tactical ground control shelters, custom computer systems, simulators, test stations and trainers to the military and aerospace industries for over 15 years.

In 2012, Chandler/May was sold to Lockheed Martin, a global aerospace, defense, and security company.

TSI Group (“TSI”) is a leading manufacturer of custom engineered thermal management and electronics component and systems solutions predominantly to defense and aerospace customers. TSI uses its proprietary thermal management database to perform sophisticated thermal design and analysis based on heat loads, fluid characteristics, flow rates, allowable pressure drop, mechanical considerations and other parameters.

In 2010, TSI Group was sold to B/E Aerospace (Nasdaq:BEAV), a designer and manufacturer of cabin interior products for commercial aircraft and business jets.

SECOR International (“SECOR”) is a national provider of remediation management, consulting, and compliance and permitting services to the petroleum, chemical, basic industrial, pulp & paper and the power industries among others.

In 2008, SECOR was sold to Stantec (TSE:STN), a large engineering, architectural and environmental consulting firm.

Apogen Technologies (“Apogen”) was formed together with Arlington Operating Executives to consolidate providers of information technology services and solutions to the U.S. government in three core areas: enterprise architecture, network services and operations, and software and applications development. Customers included the Department of Homeland Security, Department of Defense, Department of Energy, U.S. Census Bureau, Department of Agriculture and the Internal Revenue Service.

In 2005, Apogen was sold to Qinetiq North America, a technology provider for defense and civilian government agencies.

NLX Corporation (“NLX”) is a provider of full-scale flight simulators and training systems.  By applying the latest technology, sound program/business management and working closely with the customer, NLX developed a proven track record of customer satisfaction.

In 2003, NLX was sold to Rockwell Collins (NYSE: COL), a manufacturer of communications and aviation equipment for military and commercial customers worldwide.

SignalTree Solutions is a leading provider of global outsourced technology solutions with technology consultants located in the U.S. and in India. SignalTree operates utilizing a delivery system designed to cater to the specific needs of its blue-chip clients, including on-site, off-site and off-shore capabilities.

Arlington acquired SignalTree in partnership with Chairman and CEO Russ Cappellino, a thirty-year industry executive who had been leading SignalTree for the previous six years.

In 2002, SignalTree was sold to Keane, a technology consulting company.