Aronson Capital Partners Advises PROTEUS Technologies, LLC on its Sale to Polaris Alpha, a Newly Formed Portfolio Company of Arlington Capital Partners
Aronson Capital Partners is honored to have served as the financial advisor to PROTEUS Technologies, LLC (“PROTEUS”) in its acquisition by Arlington Capital Partners, as part of a merger of EOIR Technologies and Intelligent Software Solutions (“ISS”) to create Polaris Alpha (“Polaris”). ACP served as the exclusive financial advisor to PROTEUS in this transaction.
Established in 1999, PROTEUS is an innovative, leading-edge software and systems engineering solutions firm specializing in the development and deployment of cutting-edge solutions that support the Intelligence Community’s cyber security, signals intelligence, embedded engineering and research missions.
“Polaris will fill the void between niche players and prime contractors to deliver agile, sophisticated solutions to a growing number of government customers disillusioned with the traditional options available to them,” said Michael Lustbader, a Managing Partner at Arlington Capital. “Polaris is a byproduct of the infusion of innovation into the national security sector and is contractually well-positioned to capitalize on this market opportunity.” Polaris has over 1,100 employees and projects over $250 million in 2017 revenue.
ACP believes this transaction follows recent trends and signals future themes in the defense and government services M&A market: