Veritas Capital’s (Veritas) Veritas Capital Vantage Fund (Vantage Fund) has made a strategic investment in Epiq Solutions, a provider of software defined radio and turnkey radio frequency (RF) solutions for governments and enterprises.
Epiq Solutions is now a portfolio company of the Vantage Fund, which targets opportunities in the middle market. Co-founders John Orlando, Aaron Madsen, and Michael Shogren will continue to lead the company and will retain a significant ownership position. Financial terms of the transaction were not disclosed.
Founded in 2009, Epiq Solutions provides small form factor, SWaP-C (size, weight, power and cost) optimised software defined radio and turnkey RF solutions for mission-critical military and commercial embedded computing applications. The company offers a portfolio of commercial-off-the-shelf hardware and differentiated software solutions that leverage open-architecture standards, allowing government and enterprise customers to rapidly insert technology and accelerate modernisation efforts.
