Arlington Capital Partners (Arlington Capital), a Washington DC-area private equity firm, is to acquire MCR (MCR), a provider of cost analysis and engineering and software development expertise to customers in defence, intelligence and critical civilian governmental agencies in the US as well as customers internationally.
MCR’s senior management team has invested alongside Arlington in the transaction.
David Wodlinger, Partner at Arlington, says: “MCR has established itself as a preeminent provider of differentiated systems engineering and integration solutions that address critical national security objectives in the space, cyber, and missile defence domains. We are partnering with MCR to increase investment in these core areas, as well as to pursue strategic acquisitions to enhance and broaden the differentiated capabilities that MCR can bring to bear for its customers and to provide additional career opportunities for the Company’s employees. We see enormous demand in the market for MCR’s services and we believe that with our investment in the business, MCR is very well positioned for the significant growth in front of it.”
“Throughout MCR’s over 40-year history, our global employee base has strived to become trusted advisors and technical partners to support our customers’ success across the spectrum of critical mission challenges. This has resulted in MCR’s consistent growth and positioned us to help meet future challenges,” says Bill Parker, CEO of MCR. “We have found a partner in Arlington, a firm that we have known for many years, that understands what makes MCR special and will remain committed to this mission as the Company enters its next phase of growth.”
Ben Ramundo, Vice President at Arlington, says: “MCR 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 the MCR management team to build on that tradition and accelerate the Company’s growth by investing in new capabilities as well as pursuing strategic acquisition opportunities in complementary markets.”
Sheppard Mullin served as legal advisor to Arlington. Houlihan Lokey and Holland & Knight served as financial and legal advisors to MCR, respectively.
