Arlington Portfolio Company Chandler/May, Inc. Announces the Acquisition of Aeromech Engineering Inc.
Huntsville, AL, September 11, 2009 – Today, Chandler/May, Inc. (CMI), a portfolio company of Arlington Capital Partners, announced the acquisition of AeroMech Engineering Inc. (AeroMech), an engineering services and manufacturing firm supporting the unmanned aircraft systems (UAS) market. Located in San Luis Obispo, California, AeroMech provides aeronautical, mechanical, and manufacturing services and has delivered over 1000 fully autonomous UAS’ of varying types ranging from 4-lb battery powered aircraft to 150-lb jet powered aircraft. In addition, AeroMech provides many components of UAS and military command and control applications, including payloads, targets, and software systems.
Jay Chandler, co-founder and Sr. Vice President of CMI states, “AeroMech’s significant engineering and production capability completes CMI’s offering and makes us a full-service provider in nearly every aspect of the UAS market, including ground stations, payloads, and airframes. They also bring a robust software production capability to our company, significant intellectual property, and a history of superior performance that is entirely consistent with our culture of excellent support to our prime contractors and government customers.”
Thomas Akers, founder and current Chief Executive Officer of AeroMech, who will continue to lead the Aeromech Division of Chandler/May commented, “We are very excited about being a part of Chandler/May. We see great synergy between the companies and know that together we can expand our market presence and provide a full range of products and services to our customers.”
“AeroMech’s strong legacy presence in the Small UAS market will strengthen CMI’s UAS portfolio, creating a combined entity with the intellectual property and engineering capability to support both air and ground systems, enabling the company to secure a greater role on a variety of UAS platforms,” said Peter Manos of Arlington Capital Partners. Matt Altman of Arlington Capital Partners added, “In addition, CMI is particularly well-positioned to help AeroMech realize the significant commercial potential of its proprietary intellectual property and become a technology leader in the UAS arena.”
About Chandler/May, Inc.
Chandler/May, Inc. (www.chandlermay.com) is an industry leading producer of military ground control stations for command and control and Unmanned Air Vehicles, and provider of related reset/refurbishment, upgrades and logistics support. Chandler/May’s products and services include the development and production of ground control computing systems, integrated tactical shelter systems, custom C2 systems for air defense control platforms, portable ground control stations, submarine tactical equipment test stations, UAV flight and payload computers, aircraft glass inspection systems, and field-rugged system simulators and trainers.
Contact:
Steve May, Director of Marketing
Chandler/May, Inc. Tel: 256-319-7230
E-mail: steve.may@chandlermay.com
www.chandlermay.com
About Arlington Capital Partners:
Arlington Capital Partners is a Washington, DC based private equity fund with over $1 billion of committed capital focused on middle market buyout investment opportunities in growth industries including: defense/aerospace, government services, healthcare services, education, business services and media. The firm’s professionals have a unique combination of operating and private equity experience that enables 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.
Contacts:
Contact: Peter Manos or Matt Altman
Arlington Capital Partners
5425 Wisconsin Avenue
Suite 200
Chevy Chase, MD 20815
Tel: 202-337-7500
Fax: 202-337-7525
SOURCE: Arlington Capital Partners